FactSet Research Systems (NYSE:FDS – Free Report) had its target price lifted by Stifel Nicolaus from $292.00 to $325.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has a hold rating on the business services provider’s stock.
FDS has been the topic of a number of other reports. Royal Bank Of Canada upped their price objective on shares of FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a research note on Thursday, August 27th. Deutsche Bank lifted their target price on shares of FactSet Research Systems from $280.00 to $299.00 and gave the stock a “hold” rating in a research note on Friday, September 11th. Weiss Ratings upgraded shares of FactSet Research Systems from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 23rd. Wells Fargo & Company boosted their target price on shares of FactSet Research Systems from $250.00 to $290.00 and gave the company an “underweight” rating in a report on Thursday, November 5th. Finally, William Blair raised shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $284.93.
Check Out Our Latest Report on FDS
FactSet Research Systems Stock Performance
Shares of FactSet Research Systems stock opened at $334.19 on Wednesday. The stock has a market cap of $11.78 billion, a price-to-earnings ratio of 22.95, a P/E/G ratio of 1.83 and a beta of 0.69. FactSet Research Systems has a twelve month low of $185.00 and a twelve month high of $348.00. The company’s fifty day moving average is $297.40 and its 200 day moving average is $252.87. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.43.
FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.17. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business had revenue of $634.70 million during the quarter, compared to analyst estimates of $629.83 million. During the same period last year, the company earned $4.05 EPS. FactSet Research Systems’s revenue for the quarter was up 6.3% compared to the same quarter last year. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. Sell-side analysts forecast that FactSet Research Systems will post 19.63 EPS for the current year.
FactSet Research Systems Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Monday, November 30th will be given a dividend of $1.16 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $4.64 annualized dividend and a dividend yield of 1.4%. FactSet Research Systems’s dividend payout ratio (DPR) is 31.87%.
Institutional Trading of FactSet Research Systems
Hedge funds have recently modified their holdings of the stock. Bamco Inc. NY acquired a new position in shares of FactSet Research Systems during the 2nd quarter valued at $966,533,000. BlackRock Inc. bought a new position in FactSet Research Systems during the second quarter worth $657,658,000. Bank of America Corp DE acquired a new stake in FactSet Research Systems in the second quarter worth $176,141,000. Bank of New York Mellon Corp acquired a new stake in FactSet Research Systems in the second quarter worth $68,587,000. Finally, Equity Investment Corp acquired a new stake in FactSet Research Systems in the second quarter worth $65,626,000. Institutional investors own 91.24% of the company’s stock.
Latest FactSet Research Systems News
These are some of the FDS news items that stood out recently:
- Positive Sentiment: UBS raised its price target to $375 from $340 and reiterated a Buy rating, implying roughly 12% upside from $334.19. UBS analyst recommendations
- Neutral Sentiment: Morgan Stanley lifted its target to $321 from $300 but maintained Equal Weight; Stifel raised its target to $325 from $292 and kept a Hold rating. Both targets remain below the cited share price, tempering the more bullish UBS call. Morgan Stanley analyst recommendations Stifel analyst recommendations
- Negative Sentiment: FactSet’s fiscal 2029 financial outlook was reported below consensus, a potential concern about its medium-term growth trajectory. The company’s Investor Day outlined its strategy through fiscal 2029 and reaffirmed fiscal 2027 guidance. Fiscal 2029 outlook report Investor Day announcement
About FactSet Research Systems
FactSet Research Systems provides financial data, analytics, and workflow technology to investment professionals and businesses. Its platform brings together market and company data, research, and analytical tools to help clients evaluate investments, manage portfolios, and support financial decision-making. The company offers subscription-based products and services, including its workstation, data feeds, application programming interfaces, and portfolio analytics. Its clients include investment managers, investment banks, wealth managers, private equity firms, and corporations.
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