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

FactSet Research Systems Inc. (NYSE:FDS) has received a consensus rating of “Reduce” from the nineteen analysts that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $284.93.

FDS has been the topic of several recent analyst reports. Royal Bank Of Canada increased their price target 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. Wells Fargo & Company upped their price objective on FactSet Research Systems from $250.00 to $290.00 and gave the stock an “underweight” rating in a report on Thursday, November 5th. Weiss Ratings upgraded shares of FactSet Research Systems from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. William Blair raised shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 8th. Finally, Barclays increased their price target on shares of FactSet Research Systems from $250.00 to $305.00 and gave the stock an “underweight” rating in a research note on Friday, November 6th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Jacobi Capital Management LLC acquired a new stake in shares of FactSet Research Systems during the third quarter worth $35,000. USA Financial Formulas acquired a new position in FactSet Research Systems in the 3rd quarter valued at $38,000. Parkside Financial Bank & Trust boosted its position in shares of FactSet Research Systems by 31.2% in the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 43 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new stake in FactSet Research Systems during the third quarter worth about $48,000. Finally, State of Wyoming bought a new position in FactSet Research Systems in the first quarter worth $51,000. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Price Performance

Shares of NYSE:FDS traded up $1.39 during midday trading on Tuesday, hitting $333.10. The company had a trading volume of 327,112 shares, compared to its average volume of 751,261. FactSet Research Systems has a twelve month low of $185.00 and a twelve month high of $348.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.60 and a quick ratio of 0.60. The business’s 50-day simple moving average is $298.31 and its 200-day simple moving average is $253.42. The stock has a market cap of $11.75 billion, a price-to-earnings ratio of 22.88, a price-to-earnings-growth ratio of 1.82 and a beta of 0.69.

FactSet Research Systems (NYSE:FDS) last announced 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. FactSet Research Systems had a net margin of 21.54% and a return on equity of 31.66%. The business had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. During the same quarter last year, the firm earned $4.05 EPS. The business’s revenue 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. On average, research analysts predict that FactSet Research Systems will post 19.52 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently announced 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. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, November 30th. FactSet Research Systems’s payout ratio is presently 31.87%.

FactSet Research Systems Company Profile

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.