FactSet Research Systems (NYSE:FDS) Price Target Raised to $250.00

FactSet Research Systems (NYSE:FDS) had its price target upped by Barclays from $216.00 to $250.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have an underweight rating on the business services provider’s stock.

Other equities research analysts also recently issued research reports about the stock. Wells Fargo & Company increased their target price on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a research report on Thursday, July 2nd. Rothschild & Co Redburn cut shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a report on Thursday, June 18th. The Goldman Sachs Group downgraded shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft upped their price target on shares of FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Finally, William Blair upgraded FactSet Research Systems from a “market perform” rating to an “outperform” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, FactSet Research Systems currently has an average rating of “Reduce” and an average price target of $265.00.

FactSet Research Systems Price Performance

Shares of FDS opened at $262.48 on Tuesday. The company has a market capitalization of $9.34 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 1.68 and a beta of 0.71. FactSet Research Systems has a fifty-two week low of $185.00 and a fifty-two week high of $370.98. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. The business’s 50-day moving average is $276.64 and its 200-day moving average is $242.63.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The business had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same period last year, the company posted $4.27 earnings per share. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities research analysts expect that FactSet Research Systems will post 17.76 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be given a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.57%.

Institutional Trading of FactSet Research Systems

A number of institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC increased its stake in shares of FactSet Research Systems by 29.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,834 shares of the business services provider’s stock worth $882,000 after purchasing an additional 875 shares during the last quarter. Tidal Investments LLC raised its holdings in shares of FactSet Research Systems by 41.4% during the 2nd quarter. Tidal Investments LLC now owns 7,314 shares of the business services provider’s stock valued at $1,683,000 after purchasing an additional 2,142 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of FactSet Research Systems by 126.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,989 shares of the business services provider’s stock valued at $1,378,000 after purchasing an additional 3,348 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of FactSet Research Systems by 87.1% in the 2nd quarter. NewEdge Advisors LLC now owns 6,358 shares of the business services provider’s stock valued at $1,463,000 after purchasing an additional 2,959 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in FactSet Research Systems by 224.4% in the second quarter. Allworth Financial LP now owns 2,566 shares of the business services provider’s stock worth $590,000 after purchasing an additional 1,775 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Company Profile

FactSet Research Systems Inc (NYSE:FDS) provides financial data, analytics and technology solutions for investment professionals. Its platform integrates market, company, economic and alternative data with research and analytical tools, helping users evaluate securities, construct and monitor portfolios, manage risk and support investment decisions.

The company serves a broad range of financial institutions, including asset managers, wealth managers, investment banks, hedge funds, private-equity firms and corporate finance teams.