J. W. Coons Advisors LLC Raises Holdings in FactSet Research Systems Inc. $FDS

J. W. Coons Advisors LLC grew its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 139.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,465 shares of the business services provider’s stock after purchasing an additional 2,020 shares during the quarter. J. W. Coons Advisors LLC’s holdings in FactSet Research Systems were worth $1,550,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC boosted its stake in shares of FactSet Research Systems by 21.3% during the first quarter. DAVENPORT & Co LLC now owns 2,042 shares of the business services provider’s stock worth $928,000 after buying an additional 359 shares during the period. Teacher Retirement System of Texas acquired a new stake in shares of FactSet Research Systems during the first quarter worth about $2,528,000. Mutual Advisors LLC boosted its stake in shares of FactSet Research Systems by 12.7% during the first quarter. Mutual Advisors LLC now owns 916 shares of the business services provider’s stock worth $389,000 after buying an additional 103 shares during the period. OneDigital Investment Advisors LLC boosted its stake in shares of FactSet Research Systems by 5.7% during the first quarter. OneDigital Investment Advisors LLC now owns 3,740 shares of the business services provider’s stock worth $1,700,000 after buying an additional 202 shares during the period. Finally, IFM Investors Pty Ltd boosted its stake in shares of FactSet Research Systems by 11.0% during the first quarter. IFM Investors Pty Ltd now owns 7,733 shares of the business services provider’s stock worth $3,556,000 after buying an additional 768 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FDS. BMO Capital Markets decreased their target price on shares of FactSet Research Systems from $452.00 to $324.00 and set a “market perform” rating for the company in a research note on Friday, September 19th. Zacks Research downgraded shares of FactSet Research Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Barclays reduced their price objective on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a research report on Friday, September 19th. Weiss Ratings restated a “hold (c-)” rating on shares of FactSet Research Systems in a research report on Wednesday, October 8th. Finally, Rothschild Redb upgraded shares of FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $356.78.

FactSet Research Systems Price Performance

FDS stock opened at $264.42 on Tuesday. The firm has a 50 day moving average of $312.09 and a 200-day moving average of $387.01. FactSet Research Systems Inc. has a 12-month low of $260.00 and a 12-month high of $499.87. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.63. The company has a market cap of $9.89 billion, a price-to-earnings ratio of 17.00, a PEG ratio of 2.73 and a beta of 0.79.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The company had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. During the same quarter in the previous year, the business posted $3.74 earnings per share. FactSet Research Systems’s revenue was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 28.30%.

Insider Buying and Selling

In other FactSet Research Systems news, insider Christopher Mcloughlin acquired 338 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was acquired at an average cost of $296.19 per share, with a total value of $100,112.22. Following the purchase, the insider directly owned 3,446 shares in the company, valued at approximately $1,020,670.74. This trade represents a 10.88% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, EVP Helen L. Shan acquired 370 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were acquired at an average cost of $275.48 per share, with a total value of $101,927.60. Following the completion of the purchase, the executive vice president owned 9,284 shares in the company, valued at approximately $2,557,556.32. This represents a 4.15% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

About FactSet Research Systems

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.