FactSet Research Systems Inc. (NYSE:FDS) to Issue $1.10 Quarterly Dividend

FactSet Research Systems Inc. (NYSE:FDS) announced a quarterly dividend on Thursday, February 5th. Stockholders of record on Friday, February 27th will be paid a dividend of 1.10 per share by the business services provider on Thursday, March 19th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th.

FactSet Research Systems has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 27 years. FactSet Research Systems has a dividend payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings. Analysts expect FactSet Research Systems to earn $18.68 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 23.6%.

FactSet Research Systems Stock Performance

FDS stock traded down $15.88 on Thursday, reaching $209.55. 2,317,612 shares of the company were exchanged, compared to its average volume of 794,987. The firm has a market capitalization of $7.77 billion, a PE ratio of 13.33, a PEG ratio of 2.03 and a beta of 0.73. FactSet Research Systems has a 12 month low of $201.80 and a 12 month high of $474.79. The stock’s fifty day moving average price is $282.56 and its 200 day moving average price is $311.48. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The company had revenue of $607.62 million for the quarter, compared to analyst estimates of $599.69 million. During the same period last year, the business posted $4.37 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts anticipate that FactSet Research Systems will post 17.21 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Stifel Nicolaus lowered their price objective on FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating on the stock in a research report on Friday, December 19th. Morgan Stanley set a $307.00 price target on shares of FactSet Research Systems and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. BMO Capital Markets dropped their price objective on shares of FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating for the company in a research note on Monday, December 22nd. Evercore ISI raised their price objective on shares of FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a report on Thursday, January 8th. Finally, Raymond James Financial reissued a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and a consensus price target of $308.83.

FactSet Research Systems Company Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.