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):

• Sold $1,001 - $15,000 in shares of Lockheed Martin NYSE: LMT on 2/13/2025.
• 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 traded down $0.08 during mid-day trading on Friday, reaching $449.16. The stock had a trading volume of 312,787 shares, compared to its average volume of 279,919. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The firm has a market cap of $17.08 billion, a PE ratio of 32.20, a P/E/G ratio of 2.93 and a beta of 0.77. The firm's 50 day simple moving average is $454.05 and its 200 day simple moving average is $465.07. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65.

Remove Ads

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, topping the consensus estimate of $4.17 by $0.11. The firm had revenue of $570.70 million during the quarter, compared to analysts' expectations of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. FactSet Research Systems's quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the business earned $4.22 earnings per share. On average, analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a $1.04 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.93%. FactSet Research Systems's dividend payout ratio (DPR) is 29.59%.

Insiders Place Their Bets

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $433.73, for a total transaction of $157,443.99. Following the completion of the sale, the chief accounting officer now directly owns 44 shares of the company's stock, valued at approximately $19,084.12. The trade was a 89.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

FDS has been the topic of a number of analyst reports. Morgan Stanley lowered their target price on shares of FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a research note on Friday, March 21st. Stifel Nicolaus upped their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a research note on Friday, December 20th. Wells Fargo & Company cut FactSet Research Systems from an "equal weight" rating to an "underweight" rating and dropped their target price for the stock from $450.00 to $402.00 in a report on Friday, March 21st. BMO Capital Markets decreased their price target on FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating on the stock in a research note on Monday, March 24th. Finally, UBS Group dropped their price objective on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Five analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $436.27.

Institutional Trading of FactSet Research Systems

Hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Trust N.A. grew its holdings in FactSet Research Systems by 2.3% during the 3rd quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider's stock worth $436,000 after acquiring an additional 21 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of FactSet Research Systems by 1.4% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider's stock worth $755,000 after purchasing an additional 22 shares in the last quarter. Allworth Financial LP grew its stake in shares of FactSet Research Systems by 19.1% during the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider's stock valued at $64,000 after purchasing an additional 22 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of FactSet Research Systems by 8.2% in the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider's stock valued at $140,000 after purchasing an additional 22 shares in the last quarter. Finally, Kolinsky Wealth Management LLC raised its position in FactSet Research Systems by 3.2% in the 4th quarter. Kolinsky Wealth Management LLC now owns 739 shares of the business services provider's stock worth $355,000 after purchasing an additional 23 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

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.

About FactSet Research Systems

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.