Janney Montgomery Scott LLC Reduces Stake in FactSet Research Systems Inc. $FDS

Janney Montgomery Scott LLC reduced its stake in FactSet Research Systems Inc. (NYSE:FDS) by 17.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 42,509 shares of the business services provider’s stock after selling 9,165 shares during the quarter. Janney Montgomery Scott LLC’s holdings in FactSet Research Systems were worth $19,013,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FDS. Vanguard Group Inc. raised its holdings in FactSet Research Systems by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 4,795,354 shares of the business services provider’s stock worth $2,180,160,000 after purchasing an additional 137,874 shares during the period. Nuveen LLC bought a new stake in FactSet Research Systems during the first quarter valued at about $54,148,000. Vest Financial LLC bought a new stake in FactSet Research Systems during the first quarter valued at about $52,445,000. Millennium Management LLC increased its holdings in shares of FactSet Research Systems by 58.6% in the first quarter. Millennium Management LLC now owns 110,409 shares of the business services provider’s stock worth $50,196,000 after purchasing an additional 40,800 shares during the last quarter. Finally, Woodline Partners LP increased its holdings in shares of FactSet Research Systems by 1,560.4% in the first quarter. Woodline Partners LP now owns 37,891 shares of the business services provider’s stock worth $17,227,000 after purchasing an additional 35,609 shares during the last quarter. 91.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Huber Research raised FactSet Research Systems to a “strong sell” rating in a report on Friday, September 19th. Barclays dropped their price target on 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. Morgan Stanley dropped their price target on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a research report on Friday, September 19th. Raymond James Financial upgraded FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research report on Thursday, June 26th. Finally, Rothschild Redb upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, FactSet Research Systems presently has an average rating of “Reduce” and an average price target of $359.10.

FactSet Research Systems Stock Performance

FactSet Research Systems stock opened at $281.98 on Friday. The company has a 50 day moving average price of $358.98 and a 200-day moving average price of $410.73. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40. FactSet Research Systems Inc. has a fifty-two week low of $280.20 and a fifty-two week high of $499.87. The company has a market capitalization of $10.66 billion, a PE ratio of 18.13, a P/E/G ratio of 2.12 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 for the quarter, missing the consensus estimate 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 the consensus estimate of $593.32 million. During the same period in the prior year, the firm posted $3.74 EPS. The business’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 forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Friday, August 29th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.40 dividend on an annualized basis and a yield of 1.6%. FactSet Research Systems’s payout ratio is 28.30%.

Insider Buying and Selling at FactSet Research Systems

In related news, EVP Christopher R. Ellis sold 7,606 shares of the business’s stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $446.84, for a total value of $3,398,665.04. Following the completion of the transaction, the executive vice president owned 23,952 shares of the company’s stock, valued at $10,702,711.68. The trade was a 24.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James J. Mcgonigle sold 2,925 shares of the business’s stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the completion of the transaction, the director directly owned 4,461 shares of the company’s stock, valued at $2,013,650.79. This trade represents a 39.60% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,031 shares of company stock worth $5,825,481. 1.10% of the stock is currently owned by corporate insiders.

FactSet Research Systems Profile

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.