Rep. Byron Donalds Sells Off Shares of FactSet Research Systems Inc. (NYSE:FDS)

Representative Byron Donalds (R-Florida) recently sold shares of FactSet Research Systems Inc. (NYSE:FDS). In a filing disclosed on March 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in FactSet Research Systems stock on February 13th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 2/13/2025.
• Purchased $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 2/13/2025.
• Sold $1,001 – $15,000 in shares of RLI (NYSE:RLI) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 1/16/2025.
• Sold $1,001 – $15,000 in shares of RLI (NYSE:RLI) on 1/16/2025.
• Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 1/16/2025.
• Sold $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 1/16/2025.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $449.34 on Friday. The company has a market capitalization of $17.09 billion, a P/E ratio of 32.21, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The company’s 50 day moving average price is $454.32 and its two-hundred day moving average price is $464.57.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, topping analysts’ consensus estimates of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The firm had revenue of $570.70 million during the quarter, compared to analyst estimates of $570.65 million. During the same period in the prior year, the business earned $4.22 EPS. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a $1.04 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.93%. FactSet Research Systems’s dividend payout ratio is presently 29.59%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on FDS shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Monday, March 10th. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. UBS Group lowered their target price on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a research report on Friday, March 21st. Morgan Stanley reduced their price target on FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating for the company in a research report on Friday, March 21st. Finally, Wells Fargo & Company cut FactSet Research Systems from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $450.00 to $402.00 in a research note on Friday, March 21st. Five investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Hold” and a consensus price target of $436.27.

Hedge Funds Weigh In On FactSet Research Systems

Large investors have recently modified their holdings of the stock. State Street Corp raised its holdings in FactSet Research Systems by 2.2% in the 3rd quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock valued at $888,603,000 after acquiring an additional 42,303 shares during the period. Geode Capital Management LLC boosted its position in shares of FactSet Research Systems by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 1,096,592 shares of the business services provider’s stock valued at $527,411,000 after acquiring an additional 94,668 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of FactSet Research Systems by 3.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 505,587 shares of the business services provider’s stock valued at $240,184,000 after acquiring an additional 16,522 shares in the last quarter. JPMorgan Chase & Co. increased its position in FactSet Research Systems by 1.6% during the fourth quarter. JPMorgan Chase & Co. now owns 501,068 shares of the business services provider’s stock worth $240,653,000 after acquiring an additional 7,718 shares during the period. Finally, Invesco Ltd. raised its stake in FactSet Research Systems by 17.2% in the 4th quarter. Invesco Ltd. now owns 456,149 shares of the business services provider’s stock worth $219,079,000 after purchasing an additional 66,861 shares in the last quarter. 91.24% of the stock is owned by institutional investors.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the firm’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $433.73, for a total transaction of $157,443.99. Following the transaction, the chief accounting officer now owns 44 shares in the company, valued at $19,084.12. This trade represents a 89.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.10% of the company’s stock.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

FactSet Research Systems Company 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.