Wedbush Securities Inc. Buys 2,752 Shares of FactSet Research Systems Inc. $FDS

Wedbush Securities Inc. increased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 384.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,468 shares of the business services provider’s stock after purchasing an additional 2,752 shares during the period. Wedbush Securities Inc.’s holdings in FactSet Research Systems were worth $993,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FDS. Huntington National Bank increased its stake in shares of FactSet Research Systems by 10.0% in the 2nd quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock valued at $143,000 after buying an additional 29 shares during the period. Daiwa Securities Group Inc. increased its position in FactSet Research Systems by 0.4% in the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after purchasing an additional 30 shares during the period. Claret Asset Management Corp raised its holdings in FactSet Research Systems by 7.0% during the 2nd quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock worth $238,000 after purchasing an additional 35 shares during the last quarter. MAI Capital Management lifted its position in FactSet Research Systems by 4.4% during the 2nd quarter. MAI Capital Management now owns 873 shares of the business services provider’s stock valued at $390,000 after purchasing an additional 37 shares during the period. Finally, Miracle Mile Advisors LLC lifted its position in FactSet Research Systems by 3.3% during the 3rd quarter. Miracle Mile Advisors LLC now owns 1,145 shares of the business services provider’s stock valued at $328,000 after purchasing an additional 37 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Buying and Selling

In related news, Director Malcolm Frank sold 2,572 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following the sale, the director directly owned 879 shares of the company’s stock, valued at approximately $259,920.30. The trade was a 74.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Laurie Siegel sold 2,572 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total transaction of $761,955.00. Following the completion of the transaction, the director directly owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. The trade was a 71.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Evercore boosted their price target on shares of FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a research note on Thursday, January 8th. The Goldman Sachs Group dropped their target price on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a research report on Friday, December 19th. Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $320.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 19th. Finally, Huber Research raised FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $308.83.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $205.69 on Friday. The company has a market capitalization of $7.63 billion, a PE ratio of 13.08, a PEG ratio of 1.88 and a beta of 0.73. FactSet Research Systems Inc. has a 12 month low of $190.58 and a 12 month high of $474.79. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. The stock’s fifty day simple moving average is $271.90 and its 200 day simple moving average is $300.99.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. The firm had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The company’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $4.37 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems declared that its board has initiated a share buyback program on Thursday, December 18th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the business services provider to repurchase up to 5.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 27th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 27th. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

About FactSet Research Systems

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.