FactSet Research Systems Inc. (NYSE:FDS) Receives $312.58 Average Price Target from Analysts

Shares of FactSet Research Systems Inc. (NYSE:FDS) have been assigned a consensus rating of “Reduce” from the seventeen ratings firms that are presently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $313.00.

FDS has been the topic of a number of recent research reports. Huber Research upgraded shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, December 19th. Stifel Nicolaus lowered their target price on FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating on the stock in a report on Friday, December 19th. Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Evercore ISI lifted their price objective on FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a research report on Thursday, January 8th. Finally, The Goldman Sachs Group lowered their price objective on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research note on Friday, December 19th.

FactSet Research Systems Stock Performance

NYSE FDS opened at $289.12 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. The stock’s 50 day simple moving average is $284.51 and its 200-day simple moving average is $326.77. The company has a market cap of $10.73 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 2.63 and a beta of 0.75. FactSet Research Systems has a 1-year low of $250.50 and a 1-year high of $477.92.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The firm had revenue of $607.62 million during the quarter, compared to the consensus estimate of $599.69 million. During the same period in the prior year, the company earned $4.37 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities research analysts anticipate that FactSet Research Systems will post 17.21 EPS for the current fiscal year.

FactSet Research Systems announced that its board has initiated a stock buyback program on Thursday, December 18th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the business services provider to purchase up to 5.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Friday, November 28th were issued a $1.10 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio is currently 27.99%.

Insiders Place Their Bets

In other FactSet Research Systems news, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the transaction, the director directly owned 1,037 shares in the company, valued at $307,211.25. The trade was a 71.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Goran Skoko purchased 500 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was purchased at an average cost of $252.93 per share, with a total value of $126,465.00. Following the purchase, the executive vice president owned 9,192 shares in the company, valued at approximately $2,324,932.56. This trade represents a 5.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.20% of the stock is owned by insiders.

Hedge Funds Weigh In On FactSet Research Systems

Several large investors have recently modified their holdings of the business. Perigon Wealth Management LLC acquired a new stake in shares of FactSet Research Systems during the 4th quarter worth about $515,000. Tema Etfs LLC purchased a new position in FactSet Research Systems during the fourth quarter worth about $180,000. Nisa Investment Advisors LLC increased its position in shares of FactSet Research Systems by 20.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 13,447 shares of the business services provider’s stock valued at $3,902,000 after acquiring an additional 2,283 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of FactSet Research Systems by 7.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 5,112 shares of the business services provider’s stock valued at $1,456,000 after acquiring an additional 359 shares during the period. Finally, Alhambra Investment Management LLC lifted its holdings in shares of FactSet Research Systems by 7.1% in the 4th quarter. Alhambra Investment Management LLC now owns 1,259 shares of the business services provider’s stock worth $365,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

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.