Short Interest in FactSet Research Systems Inc. (NYSE:FDS) Decreases By 34.9%
by Jessica Moore · The Cerbat GemFactSet Research Systems Inc. (NYSE:FDS – Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,785,631 shares, a decline of 34.9% from the November 30th total of 2,743,525 shares. Currently, 4.8% of the company’s stock are short sold. Based on an average daily trading volume, of 743,906 shares, the short-interest ratio is currently 2.4 days. Based on an average daily trading volume, of 743,906 shares, the short-interest ratio is currently 2.4 days. Currently, 4.8% of the company’s stock are short sold.
FactSet Research Systems Stock Performance
Shares of FactSet Research Systems stock traded up $1.07 during trading on Monday, reaching $293.20. The company’s stock had a trading volume of 467,275 shares, compared to its average volume of 801,802. The company has a quick ratio of 1.40, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The business’s 50-day moving average price is $279.78 and its 200-day moving average price is $340.83. FactSet Research Systems has a 52 week low of $250.50 and a 52 week high of $487.40. The firm has a market cap of $10.97 billion, a PE ratio of 18.65, a P/E/G ratio of 2.67 and a beta of 0.75.
FactSet Research Systems (NYSE:FDS – Get Free Report) last issued its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The business had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. During the same quarter in the previous year, the company earned $4.37 EPS. The business’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 analysts forecast that FactSet Research Systems will post 17.21 earnings per share for the current year.
FactSet Research Systems Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.
FactSet Research Systems declared that its Board of Directors has authorized a stock buyback plan on Thursday, December 18th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes 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 board of directors believes its shares are undervalued.
Insider Buying and Selling at FactSet Research Systems
In other news, EVP Goran Skoko bought 500 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were bought at an average cost of $252.93 per share, with a total value of $126,465.00. Following the acquisition, the executive vice president owned 9,192 shares in the company, valued at $2,324,932.56. This trade represents a 5.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Helen L. Shan purchased 370 shares of FactSet Research Systems stock in a transaction that occurred on Monday, October 6th. The shares were acquired at an average price of $275.48 per share, with a total value of $101,927.60. Following the acquisition, the executive vice president directly owned 9,284 shares of the company’s stock, valued at $2,557,556.32. This trade represents a 4.15% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.20% of the company’s stock.
Institutional Trading of FactSet Research Systems
Several large investors have recently modified their holdings of the stock. Walleye Trading LLC raised its stake in FactSet Research Systems by 609.0% in the first quarter. Walleye Trading LLC now owns 709 shares of the business services provider’s stock valued at $322,000 after purchasing an additional 609 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ increased its holdings in FactSet Research Systems by 0.9% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 12,296 shares of the business services provider’s stock valued at $5,590,000 after buying an additional 107 shares during the period. Landscape Capital Management L.L.C. bought a new position in FactSet Research Systems in the first quarter valued at approximately $936,000. WPG Advisers LLC acquired a new position in shares of FactSet Research Systems during the 1st quarter worth $41,000. Finally, Vident Advisory LLC grew its position in FactSet Research Systems by 86.2% in the first quarter. Vident Advisory LLC now owns 2,376 shares of the business services provider’s stock valued at $1,080,000 after acquiring an additional 1,100 shares during the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on FDS. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Monday, December 22nd. Barclays cut their price target on FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a report on Friday, September 19th. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research report on Friday, December 19th. Jefferies Financial Group reissued a “hold” rating and issued a $305.00 price objective on shares of FactSet Research Systems in a research report on Friday, December 19th. Finally, Huber Research raised shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $313.17.
View Our Latest Stock Report on FDS
FactSet Research Systems Company 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.