FactSet Research Systems Inc. (NYSE:FDS) Receives $253.00 Average Target Price from Brokerages

FactSet Research Systems Inc. (NYSE:FDS) has been given a consensus rating of “Reduce” by the eighteen analysts that are presently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a sell rating, nine have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $253.00.

Several analysts recently issued reports on FDS shares. Barclays raised their target price on FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Morgan Stanley increased their price objective on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, July 2nd. Bank of America lifted their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft upped their target price on FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Wednesday, June 24th.

FactSet Research Systems Trading Up 2.1%

Shares of FDS opened at $246.95 on Wednesday. The stock has a market capitalization of $8.78 billion, a P/E ratio of 16.27, a PEG ratio of 1.62 and a beta of 0.72. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $233.50 and a two-hundred day simple moving average of $236.45. FactSet Research Systems has a twelve month low of $185.00 and a twelve month high of $453.41.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. The firm had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.27 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, research analysts anticipate that FactSet Research Systems will post 17.75 EPS for the current year.

FactSet Research Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, May 29th were issued a $1.16 dividend. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date was Friday, May 29th. This represents a $4.64 annualized dividend and a yield of 1.9%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 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 bought a new position in FactSet Research Systems in the fourth quarter worth about $26,000. WPG Advisers LLC boosted its position in FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 40 shares in the last quarter. Field & Main Bank bought a new stake in FactSet Research Systems during the 4th quarter valued at approximately $29,000. BOKF NA grew its holdings in shares of FactSet Research Systems by 5,100.0% during the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after acquiring an additional 102 shares during the period. Finally, Navalign LLC purchased a new position in shares of FactSet Research Systems during the 4th quarter worth approximately $32,000. 91.24% of the stock is owned by hedge funds and other institutional investors.

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.