FactSet Research Systems (NYSE:FDS) Stock Price Down 5.5% – Here’s Why

FactSet Research Systems Inc. (NYSE:FDS)’s stock price traded down 5.5% during mid-day trading on Tuesday. The stock traded as low as $254.33 and last traded at $252.9890. 467,992 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 938,747 shares. The stock had previously closed at $267.67.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on FDS shares. BMO Capital Markets increased their price objective on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft increased their price target on FactSet Research Systems from $280.00 to $299.00 and gave the stock a “hold” rating in a research report on Friday, September 11th. UBS Group reiterated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Jefferies Financial Group boosted their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Reduce” and a consensus target price of $266.36.

FactSet Research Systems Stock Performance

The company has a market capitalization of $9.02 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 1.57 and a beta of 0.71. The firm’s fifty day simple moving average is $281.94 and its 200 day simple moving average is $247.73. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The firm had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. During the same quarter in the previous year, the company earned $4.27 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, research analysts predict that FactSet Research Systems Inc. will post 17.77 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, August 31st were paid a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, August 31st. FactSet Research Systems’s payout ratio is 30.57%.

Institutional Trading of FactSet Research Systems

Institutional investors have recently modified their holdings of the business. Bamco Inc. NY acquired a new stake in FactSet Research Systems in the second quarter valued at $966,533,000. Benjamin Edwards Inc. increased its holdings in shares of FactSet Research Systems by 142.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 3,324 shares of the business services provider’s stock valued at $765,000 after purchasing an additional 1,955 shares in the last quarter. Regents of The University of California increased its holdings in shares of FactSet Research Systems by 118.2% in the 1st quarter. Regents of The University of California now owns 226,375 shares of the business services provider’s stock valued at $49,121,000 after purchasing an additional 122,611 shares in the last quarter. Deane Retirement Strategies Inc. acquired a new stake in shares of FactSet Research Systems in the second quarter valued at about $3,760,000. Finally, Janney Montgomery Scott LLC boosted its holdings in FactSet Research Systems by 82.8% during the first quarter. Janney Montgomery Scott LLC now owns 38,193 shares of the business services provider’s stock worth $8,288,000 after buying an additional 17,296 shares in the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

About FactSet Research Systems

FactSet Research Systems Inc (NYSE:FDS) provides financial data, analytics and technology solutions for investment professionals. Its platform integrates market, company, economic and alternative data with research and analytical tools, helping users evaluate securities, construct and monitor portfolios, manage risk and support investment decisions.

The company serves a broad range of financial institutions, including asset managers, wealth managers, investment banks, hedge funds, private-equity firms and corporate finance teams.