FactSet Research Systems (NYSE:FDS – Free Report) had its price objective lifted by BMO Capital Markets from $300.00 to $314.00 in a research report sent to investors on Tuesday,Benzinga reports. They currently have a market perform rating on the business services provider’s stock.
Several other brokerages have also recently issued reports on FDS. William Blair upgraded shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of FactSet Research Systems in a research report on Friday, October 9th. Rothschild & Co Redburn lowered shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target for the company. in a report on Thursday, June 18th. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Finally, Bank of America upped their price target on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems has an average rating of “Reduce” and a consensus price target of $271.79.
Check Out Our Latest Stock Analysis on FDS
FactSet Research Systems Price Performance
Shares of FDS stock opened at $302.04 on Tuesday. FactSet Research Systems has a twelve month low of $185.00 and a twelve month high of $320.48. The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 20.74, a P/E/G ratio of 1.62 and a beta of 0.77. The stock has a fifty day simple moving average of $285.79 and a two-hundred day simple moving average of $254.70. The company has a current ratio of 0.60, a quick ratio of 0.68 and a debt-to-equity ratio of 0.43.
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its quarterly earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.35 by $0.17. The business had revenue of $634.70 million for the quarter, compared to the consensus estimate of $629.83 million. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.05 EPS. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. On average, analysts predict that FactSet Research Systems will post 19.63 EPS for the current fiscal year.
FactSet Research Systems Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Monday, August 31st were paid a $1.16 dividend. The ex-dividend date was Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is 31.87%.
Institutional Trading of FactSet Research Systems
Large investors have recently bought and sold shares of the stock. Concurrent Investment Advisors LLC increased its stake in FactSet Research Systems by 1.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,198 shares of the business services provider’s stock valued at $506,000 after purchasing an additional 36 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of FactSet Research Systems by 31.2% during the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock worth $42,000 after buying an additional 43 shares during the period. Empirical Finance LLC lifted its stake in shares of FactSet Research Systems by 4.7% during the second quarter. Empirical Finance LLC now owns 1,004 shares of the business services provider’s stock worth $231,000 after buying an additional 45 shares during the period. Lafayette Investments Inc. lifted its stake in shares of FactSet Research Systems by 1.1% during the first quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider’s stock worth $982,000 after buying an additional 49 shares during the period. Finally, Tema ETFs LLC lifted its stake in shares of FactSet Research Systems by 8.1% during the second quarter. Tema ETFs LLC now owns 669 shares of the business services provider’s stock worth $154,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.
About FactSet Research Systems
FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.
The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.
Further Reading
- Five stocks we like better than FactSet Research Systems
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.
