FactSet Research Systems Inc. (FDS) – What Are Investment Firms Saying About This Stock?

FactSet Research Systems Inc. (NYSE:FDS) has been assigned a consensus rating of “Reduce” from the nineteen analysts that are currently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $271.79.

FDS has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on FactSet Research Systems from $280.00 to $299.00 and gave the company a “hold” rating in a research note on Friday, September 11th. Jefferies Financial Group lifted their price target on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Morgan Stanley lifted their price target on FactSet Research Systems from $230.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 10th. Stifel Nicolaus upped their price objective on FactSet Research Systems from $254.00 to $292.00 and gave the stock a “hold” rating in a report on Thursday, October 1st. Finally, Royal Bank Of Canada increased their price objective on FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a research report on Thursday, August 27th.

Institutional Investors Weigh In On FactSet Research Systems

Institutional investors have recently bought and sold shares of the stock. Bamco Inc. NY purchased a new stake in shares of FactSet Research Systems during the second quarter worth about $966,533,000. BlackRock Inc. purchased a new position in FactSet Research Systems during the 2nd quarter valued at about $657,658,000. Bank of America Corp DE purchased a new position in FactSet Research Systems during the 2nd quarter valued at about $176,141,000. Bank of New York Mellon Corp purchased a new position in FactSet Research Systems during the 2nd quarter valued at about $68,587,000. Finally, Equity Investment Corp bought a new position in FactSet Research Systems during the 2nd quarter valued at approximately $65,626,000. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

FactSet Research Systems Stock Up 5.1%

Shares of NYSE FDS opened at $336.29 on Friday. FactSet Research Systems has a 12 month low of $185.00 and a 12 month high of $339.83. The company has a current ratio of 0.60, a quick ratio of 0.68 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $11.86 billion, a price-to-earnings ratio of 23.10, a PEG ratio of 1.79 and a beta of 0.77. The business has a 50-day moving average of $288.89 and a 200-day moving average of $258.02.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Wednesday, September 30th. The business services provider reported $4.52 EPS for the quarter, topping analysts’ consensus estimates of $4.35 by $0.17. The business had revenue of $634.70 million during the quarter, compared to analysts’ expectations of $629.83 million. FactSet Research Systems had a net margin of 21.54% and a return on equity of 31.66%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.05 EPS. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. Sell-side analysts expect that FactSet Research Systems will post 19.63 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, August 31st were issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, August 31st. FactSet Research Systems’s payout ratio is presently 31.87%.

About FactSet Research Systems

FactSet Research Systems Inc provides financial data, analytics and workflow technology to investment professionals and financial institutions. Its platform brings together market, company, economic and alternative data with tools for research, portfolio analysis, risk management, trading, performance measurement and reporting.

The company serves asset managers, wealth managers, investment banks, private-equity firms, corporations and other financial professionals. Its products support activities including equity and fixed-income research, portfolio construction, screening, client reporting, investment-banking analysis and environmental, social and governance research.