FactSet Research Systems Inc. (NYSE:FDS) Stock Now Rated “Reduce” by Sell-Side Analysts

FactSet Research Systems Inc. (NYSE:FDS – Get Free Report) has been assigned a consensus recommendation 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 given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $271.79.

Several equities analysts have recently commented on FDS shares. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Wolfe Research increased their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. Barclays raised their target price on FactSet Research Systems from $216.00 to $250.00 and gave the stock an “underweight” rating in a research note on Tuesday, September 8th. Bank of America raised their target price on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research note on Thursday, July 2nd. Finally, Stifel Nicolaus boosted their price target on FactSet Research Systems from $254.00 to $292.00 and gave the company a “hold” rating in a report on Thursday, October 1st.

Get Our Latest Research Report on FactSet Research Systems

Institutional Investors Weigh In On FactSet Research Systems

A number of large investors have recently made changes to their positions in FDS. Bamco Inc. NY purchased a new position in FactSet Research Systems during the 2nd quarter valued at about $966,533,000. BlackRock Inc. bought a new stake in FactSet Research Systems during the second quarter worth about $657,658,000. Bank of America Corp DE bought a new stake in FactSet Research Systems during the second quarter worth about $176,141,000. Bank of New York Mellon Corp bought a new stake in FactSet Research Systems during the second quarter worth about $68,587,000. Finally, Equity Investment Corp purchased a new stake in FactSet Research Systems in the second quarter worth about $65,626,000. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Up 3.1%

Shares of NYSE FDS opened at $312.51 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.60 and a debt-to-equity ratio of 0.43. FactSet Research Systems has a 52 week low of $185.00 and a 52 week high of $320.48. The firm’s fifty day moving average is $287.09 and its 200 day moving average is $256.60. The company has a market cap of $11.12 billion, a price-to-earnings ratio of 21.46, a PEG ratio of 1.70 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its quarterly earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share for the quarter, beating the consensus estimate 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 firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.05 EPS. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. On average, equities research analysts expect that FactSet Research Systems will post 19.63 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Monday, August 31st were issued a $1.16 dividend. The ex-dividend date was Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is 31.87%.

About FactSet Research Systems

(Get Free Report)

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.

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Analyst Recommendations for FactSet Research Systems (NYSE:FDS)

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