Tredje AP fonden Has $817,000 Stock Position in FactSet Research Systems Inc. $FDS

Tredje AP fonden lowered its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 67.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,853 shares of the business services provider’s stock after selling 5,876 shares during the quarter. Tredje AP fonden’s holdings in FactSet Research Systems were worth $817,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FDS. First Horizon Corp purchased a new position in FactSet Research Systems during the 3rd quarter worth $25,000. Winnow Wealth LLC purchased a new position in FactSet Research Systems in the third quarter worth $28,000. Covestor Ltd raised its stake in shares of FactSet Research Systems by 53.4% during the 3rd quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock worth $33,000 after purchasing an additional 39 shares during the period. Cullen Frost Bankers Inc. raised its position in FactSet Research Systems by 4,300.0% in the second quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock worth $39,000 after acquiring an additional 86 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in shares of FactSet Research Systems by 178.0% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 139 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 89 shares during the period. 91.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on FDS. The Goldman Sachs Group decreased their target price on 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. Wolfe Research reissued an “underperform” rating and set a $290.00 target price on shares of FactSet Research Systems in a report on Friday, November 14th. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a research note on Friday, December 19th. Bank of America began coverage on FactSet Research Systems in a research report on Tuesday, February 17th. They set an “underperform” rating and a $195.00 price target on the stock. Finally, Huber Research raised shares of 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 issued a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, FactSet Research Systems presently has an average rating of “Reduce” and an average price target of $298.54.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $195.06 on Monday. The stock has a market cap of $7.24 billion, a PE ratio of 12.41, a PEG ratio of 2.01 and a beta of 0.73. The company’s fifty day moving average is $262.72 and its 200 day moving average is $293.30. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $474.79.

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

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 27th will be issued a $1.10 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.40 annualized dividend and a yield of 2.3%. FactSet Research Systems’s payout ratio is 27.99%.

FactSet Research Systems declared that its board has initiated a stock repurchase plan on Thursday, December 18th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Activity

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

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.