FactSet Research Systems Inc. (NYSE:FDS – Get Free Report) has received an average recommendation of “Reduce” from the eighteen research firms that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $253.00.
FDS has been the topic of a number of recent analyst reports. Jefferies Financial Group increased their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Morgan Stanley upped their price objective on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada restated a “sector perform” rating and issued a $240.00 target price on shares of FactSet Research Systems in a report on Thursday, July 2nd. Finally, UBS Group dropped their price target on shares of FactSet Research Systems from $380.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd.
Read Our Latest Research Report on FDS
FactSet Research Systems Trading Down 4.0%
FactSet Research Systems (NYSE:FDS – Get Free Report) last released its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. The business had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities research analysts predict that FactSet Research Systems will post 17.75 earnings per share for the current year.
FactSet Research Systems Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, May 29th were given a dividend of $1.16 per share. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.
Institutional Investors Weigh In On FactSet Research Systems
Several institutional investors and hedge funds have recently modified their holdings of FDS. Cromwell Holdings LLC purchased a new stake in FactSet Research Systems during the fourth quarter worth about $26,000. WPG Advisers LLC lifted its position in shares of FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after purchasing an additional 40 shares during the last quarter. Field & Main Bank purchased a new stake in FactSet Research Systems during the 4th quarter worth about $29,000. BOKF NA boosted its holdings in FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 102 shares in the last quarter. Finally, Navalign LLC acquired a new position in shares of FactSet Research Systems in the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.
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.
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