Greenland Capital Management LP Invests $4.85 Million in FactSet Research Systems Inc. $FDS

Greenland Capital Management LP acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 16,912 shares of the business services provider’s stock, valued at approximately $4,845,000.

Other large investors have also added to or reduced their stakes in the company. Palumbo Wealth Management LLC boosted its position in FactSet Research Systems by 2.9% during the 3rd quarter. Palumbo Wealth Management LLC now owns 4,603 shares of the business services provider’s stock worth $1,302,000 after buying an additional 130 shares during the period. Mufg Securities Americas Inc. increased its position in FactSet Research Systems by 21.3% in the 3rd quarter. Mufg Securities Americas Inc. now owns 1,020 shares of the business services provider’s stock valued at $292,000 after acquiring an additional 179 shares during the period. Mcdonald Capital Investors Inc. CA acquired a new position in shares of FactSet Research Systems during the third quarter worth $28,320,000. Ameritas Investment Partners Inc. lifted its holdings in shares of FactSet Research Systems by 27.8% during the third quarter. Ameritas Investment Partners Inc. now owns 5,536 shares of the business services provider’s stock worth $1,586,000 after purchasing an additional 1,205 shares during the period. Finally, Koshinski Asset Management Inc. lifted its holdings in shares of FactSet Research Systems by 9.8% during the third quarter. Koshinski Asset Management Inc. now owns 1,507 shares of the business services provider’s stock worth $432,000 after purchasing an additional 135 shares during the period. Institutional investors own 91.24% of the company’s stock.

Insiders Place Their Bets

In related news, Director Laurie Siegel sold 2,572 shares of the stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction of $761,955.00. Following the transaction, the director directly owned 1,037 shares of the company’s stock, valued at $307,211.25. This represents a 71.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the sale, the director owned 879 shares of the company’s stock, valued at $259,920.30. The trade was a 74.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by insiders.

FactSet Research Systems Stock Down 2.5%

Shares of NYSE:FDS opened at $190.17 on Tuesday. FactSet Research Systems Inc. has a 1 year low of $185.00 and a 1 year high of $474.79. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. The business’s 50-day moving average is $260.68 and its 200-day moving average is $291.92. The company has a market capitalization of $7.06 billion, a price-to-earnings ratio of 12.10, a P/E/G ratio of 2.01 and a beta of 0.73.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, topping the consensus estimate 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 business had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. During the same quarter last year, the firm posted $4.37 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Equities research analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

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

FactSet Research Systems Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on FDS shares. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a report on Friday, December 19th. Bank of America assumed coverage on FactSet Research Systems in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $195.00 price target for the company. Jefferies Financial Group restated a “hold” rating and set a $305.00 price objective on shares of FactSet Research Systems 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 report on Friday, December 5th. Finally, Evercore increased their target price on shares of FactSet Research Systems from $320.00 to $321.00 and gave the company an “in-line” rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $291.62.

FactSet Research Systems Profile

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.