FactSet Research Systems Inc. (NYSE:FDS) Receives $253.00 Average PT from Analysts

FactSet Research Systems Inc. (NYSE:FDS) has been given an average recommendation of “Reduce” by the eighteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a sell rating, ten have given a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $257.5714.

Several research analysts have weighed in on the stock. Barclays increased their target price on shares of FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Jefferies Financial Group boosted their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group lowered shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a report on Thursday, June 18th. Bank of America increased their price objective 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. Finally, Weiss Ratings upgraded shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th.

Institutional Investors Weigh In On FactSet Research Systems

Several institutional investors and hedge funds have recently modified their holdings of FDS. Corient Private Wealth LP grew its position in FactSet Research Systems by 149.1% in the 2nd quarter. Corient Private Wealth LP now owns 17,088 shares of the business services provider’s stock valued at $3,932,000 after acquiring an additional 10,228 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of FactSet Research Systems by 2.6% during the second quarter. HighTower Advisors LLC now owns 121,962 shares of the business services provider’s stock worth $28,061,000 after purchasing an additional 3,147 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of FactSet Research Systems by 22,745.3% in the second quarter. California State Teachers Retirement System now owns 9,725,942 shares of the business services provider’s stock valued at $2,237,745,000 after purchasing an additional 9,683,369 shares during the period. Wedmont Private Capital boosted its stake in shares of FactSet Research Systems by 37.1% in the second quarter. Wedmont Private Capital now owns 1,872 shares of the business services provider’s stock valued at $463,000 after purchasing an additional 507 shares during the period. Finally, HB Wealth Management LLC grew its holdings in shares of FactSet Research Systems by 76.4% in the second quarter. HB Wealth Management LLC now owns 5,909 shares of the business services provider’s stock valued at $1,360,000 after purchasing an additional 2,560 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

FDS stock opened at $313.89 on Thursday. FactSet Research Systems has a 52-week low of $185.00 and a 52-week high of $377.07. 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 stock has a market cap of $11.17 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 2.07 and a beta of 0.70. The business has a fifty day moving average of $266.17 and a two-hundred day moving average of $237.21.

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

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders 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 dividend yield of 1.5%. The ex-dividend date is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is currently 30.57%.

About FactSet Research Systems

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.