FactSet Research Systems (NYSE:FDS) Rating Increased to Buy at UBS Group

UBS Group upgraded shares of FactSet Research Systems (NYSE:FDS) from a neutral rating to a buy rating in a report released on Monday morning, MarketBeat.com reports. UBS Group currently has $425.00 price objective on the business services provider’s stock, down from their prior price objective of $480.00.

A number of other research firms have also recently commented on FDS. Barclays dropped their price target on shares of FactSet Research Systems from $390.00 to $300.00 and set an “underweight” rating for the company in a research note on Friday. Rothschild Redb upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research report on Friday, September 12th. Morgan Stanley dropped their target price on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a research report on Friday. Rothschild & Co Redburn upgraded FactSet Research Systems from a “sell” rating to a “neutral” rating and dropped their target price for the company from $415.00 to $370.00 in a research report on Friday, September 12th. Finally, Raymond James Financial upgraded FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research report on Thursday, June 26th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $359.10.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS opened at $295.52 on Monday. FactSet Research Systems has a 52 week low of $288.84 and a 52 week high of $499.87. The stock has a market capitalization of $11.17 billion, a P/E ratio of 19.00, a PEG ratio of 1.94 and a beta of 0.84. The firm has a fifty day simple moving average of $381.47 and a two-hundred day simple moving average of $418.67. The company has a quick ratio of 1.47, a current ratio of 1.40 and a debt-to-equity ratio of 0.63.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The business had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. During the same period in the previous year, the business earned $3.74 earnings per share. The business’s quarterly revenue was up 6.2% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, analysts expect that FactSet Research Systems will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 29th were issued a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. FactSet Research Systems’s payout ratio is currently 28.30%.

Insider Activity

In related news, CAO Gregory T. Moskoff sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the completion of the transaction, the chief accounting officer owned 44 shares in the company, valued at $19,474.40. The trade was a 98.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James J. Mcgonigle sold 2,925 shares of the business’s stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the transaction, the director owned 4,461 shares of the company’s stock, valued at approximately $2,013,650.79. This trade represents a 39.60% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,031 shares of company stock worth $5,825,481. 1.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of FactSet Research Systems by 0.6% during the 2nd quarter. Vanguard Group Inc. now owns 4,825,198 shares of the business services provider’s stock worth $2,158,215,000 after acquiring an additional 29,844 shares in the last quarter. State Street Corp raised its stake in shares of FactSet Research Systems by 0.8% during the 2nd quarter. State Street Corp now owns 1,937,571 shares of the business services provider’s stock worth $866,637,000 after acquiring an additional 15,556 shares in the last quarter. Loomis Sayles & Co. L P raised its stake in shares of FactSet Research Systems by 1.6% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,508,052 shares of the business services provider’s stock worth $674,522,000 after acquiring an additional 23,900 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of FactSet Research Systems by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 1,162,256 shares of the business services provider’s stock worth $518,683,000 after acquiring an additional 27,035 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in FactSet Research Systems by 57.0% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider’s stock valued at $370,873,000 after purchasing an additional 301,129 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

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.