FactSet Research Systems Inc. (NYSE:FDS) Receives $444.25 Average PT from Analysts

Shares of FactSet Research Systems Inc. (NYSE:FDS) have received an average rating of “Reduce” from the nine brokerages that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating and six have issued a hold rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $444.25.

FDS has been the subject of a number of recent analyst reports. BMO Capital Markets increased their price target on FactSet Research Systems from $448.00 to $452.00 and gave the stock a “market perform” rating in a report on Friday, June 20th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a report on Friday, June 20th. Morgan Stanley increased their price target on FactSet Research Systems from $390.00 to $393.00 and gave the stock an “underweight” rating in a report on Friday, June 20th. UBS Group reiterated a “neutral” rating on shares of FactSet Research Systems in a report on Friday, June 20th. Finally, Wells Fargo & Company increased their price target on FactSet Research Systems from $402.00 to $405.00 and gave the stock an “underweight” rating in a report on Friday, June 20th.

Insider Activity

In other news, CAO Gregory T. Moskoff sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $442.60, for a total value of $1,106,500.00. Following the completion of the sale, the chief accounting officer directly owned 44 shares in the company, valued at $19,474.40. This trade represents a 98.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Christopher R. Ellis sold 7,606 shares of the firm’s stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $446.84, for a total value of $3,398,665.04. Following the completion of the sale, the executive vice president owned 23,952 shares of the company’s stock, valued at approximately $10,702,711.68. This represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,031 shares of company stock worth $5,825,481 in the last three months. Company insiders own 1.10% of the company’s stock.

Institutional Trading of FactSet Research Systems

Several large investors have recently made changes to their positions in FDS. SouthState Corp grew its stake in shares of FactSet Research Systems by 1,400.0% in the 1st quarter. SouthState Corp now owns 60 shares of the business services provider’s stock valued at $27,000 after buying an additional 56 shares during the period. Cary Street Partners Financial LLC acquired a new stake in shares of FactSet Research Systems in the 4th quarter valued at about $29,000. Caitong International Asset Management Co. Ltd grew its stake in shares of FactSet Research Systems by 4,200.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 86 shares of the business services provider’s stock valued at $39,000 after buying an additional 84 shares during the period. Cullen Frost Bankers Inc. grew its stake in shares of FactSet Research Systems by 4,300.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 88 shares of the business services provider’s stock valued at $39,000 after buying an additional 86 shares during the period. Finally, WPG Advisers LLC acquired a new stake in shares of FactSet Research Systems in the 1st quarter valued at about $41,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Up 0.7%

Shares of FDS opened at $373.9140 on Friday. The company has a market capitalization of $14.14 billion, a PE ratio of 27.02, a PEG ratio of 2.42 and a beta of 0.83. FactSet Research Systems has a 12 month low of $365.76 and a 12 month high of $499.87. The stock’s 50-day moving average price is $418.52 and its two-hundred day moving average price is $435.32. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.66.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Monday, June 23rd. The business services provider reported $4.27 EPS for the quarter, missing the consensus estimate of $4.30 by ($0.03). FactSet Research Systems had a return on equity of 31.59% and a net margin of 23.30%.The company had revenue of $585.52 million for the quarter, compared to analyst estimates of $580.70 million. During the same period in the previous year, the firm posted $4.37 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. FactSet Research Systems has set its FY 2025 guidance at 16.800-17.400 EPS. On average, analysts anticipate that FactSet Research Systems will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Friday, August 29th will be issued a dividend of $1.10 per share. The ex-dividend date is Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. FactSet Research Systems’s dividend payout ratio is currently 31.79%.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.