FACTSET RESEARCH SYSTEMS INC
4, 1998-08-10
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  Statement of Changes in Beneficial Ownership

Filed pursuant to section 16(a) of the Securities  Exchange act of 1934, Section
17(a)  of the  Public  Utility  Holding  act of 1935  or  Section  30(f)  of the
Investment Company Act of 1940


1)       Name and Address of Reporting Person:

         Wille, Howard E.
         FactSet Research Systems Inc.
         One Greenwich Plaza 
         Greenwich, CT 06830


2)       Issuer Name and Ticker or Trading Symbol:

         FactSet Research Systems Inc. (FDS)


3)       IRS Number of Reporting Person, if an entity (voluntary)
              
     
4)       Statement for Month/Year:

         July 1998


5)       If Amendment, Date of Original ( Month/Year):

         Not Applicable


6)       Relationship of Reporting Person to Issuer:

         ( )  Director      (X) Officer (give title below)*       (X)  10% Owner

         ( )  Other (specify below)
                                          
         * Chairman of the Board of Directors and Chief Executive Officer
                                                    

7)       Individual or Joint/Group Filing (check applicable one)
          
         (X)  Form filed by One Reporting Person

         ( )  Form filed by More than One Reporting Person 
                                                        
<PAGE>

<TABLE>
TABLE I -NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
     
<CAPTION>
<S>                            <C>                       <C>                         <C>    
            
1. Title of Security            2. Transaction Date       3. Transaction Code         4. Securities Acquired (A) or Disposed (D)
                                                                                                            
                                                           ------------------------     --------------------------------------
                                                               Code           V            Amount        (A) or (D)     Price
- ----------------------------     -------------------       ------------  ----------     -------------  --------------  -------
FactSet Research Systems Inc.
Common Stock                        July 22,1998                G                          50,000            (D)         N/A     
</TABLE>

5.       Amount of Securities Beneficially Owned at End of Month

         2,013,025

6.       Ownership Form:            Direct (D) or Indirect (I)

         D

7.       Nature of Indirect Beneficial Ownership

         Not Applicable

<TABLE>
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
         (e.g. , puts, calls, warrants, options, convertible securities)

<CAPTION>
<S>                     <C>                   <C>                <C>                   <C>                                         
1. Title of              2. Conversion or      3. Transaction     4. Transaction        5. Number of Derivative
   Derivative               Exercise Price        Date               Code                  Securities Acquired (A)
   Security                 of Derivative                                                  or Disposed (D)
                            Security
- --------------           -----------------     ---------------    -------------------   ---------------------------
                                                                    Code         V           (A)           (D)
                                                                  --------   --------   -------------  ------------

N/A                      N/A                   N/A                   N/A        N/A          N/A           N/A  

</TABLE>

6.   Date Exercisable and Expiration Date (Month/Day/Year)

     N/A

7.   Title and Amount of Underlying Securities

     N/A
                                                                                
8.   Price of Derivative Security

     N/A

9.   Number of Derivative securities Beneficially Owned at End of Month

     N/A

10.  Ownership Form of Derivative Security: Direct (D) or Indirect (I)

     N/A

11.  Nature of Indirect Beneficial Ownership

     N/A

Explanation of Responses:

     N/A

                                        Signature of Reporting Person
                                        
Dated:  August  10, 1998                 /s/ Howard E. Wille
                                        -----------------------------
                                             Howard E. Wille


                                                    

                                                         


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