FactSet Research Systems (NYSE:FDS) Price Target Raised to $321.00 at Evercore ISI

FactSet Research Systems (NYSE:FDS) had its price objective hoisted by Evercore ISI from $320.00 to $321.00 in a report published on Thursday,Benzinga reports. They currently have an in-line rating on the business services provider’s stock.

Other equities analysts have also recently issued research reports about the company. Rothschild Redb raised FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, September 12th. Wolfe Research reaffirmed an “underperform” rating and set a $290.00 price objective on shares of FactSet Research Systems in a research report on Friday, November 14th. Morgan Stanley set a $307.00 price objective on shares of FactSet Research Systems and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. The Goldman Sachs Group decreased their target price on shares of FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating for the company in a research note on Friday, December 19th. Finally, Raymond James Financial restated a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $312.58.

FactSet Research Systems Trading Up 0.4%

FactSet Research Systems stock opened at $294.13 on Thursday. FactSet Research Systems has a 52 week low of $250.50 and a 52 week high of $477.92. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.40 and a current ratio of 1.54. The firm has a market capitalization of $10.91 billion, a price-to-earnings ratio of 18.71, a P/E/G ratio of 2.67 and a beta of 0.75. The company has a 50 day moving average price of $280.82 and a 200 day moving average price of $334.60.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $607.62 million during the quarter, compared to analyst estimates of $599.69 million. During the same quarter in the prior year, the company earned $4.37 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Research analysts forecast that FactSet Research Systems will post 17.21 EPS for the current year.

FactSet Research Systems declared that its board has approved a share buyback plan on Thursday, December 18th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the business services provider to reacquire up to 5.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 27.99%.

Insider Buying and Selling at FactSet Research Systems

In other news, EVP Goran Skoko acquired 500 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $252.93 per share, with a total value of $126,465.00. Following the acquisition, the executive vice president owned 9,192 shares in the company, valued at approximately $2,324,932.56. This represents a 5.75% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On FactSet Research Systems

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of FactSet Research Systems by 2.2% in the third quarter. Vanguard Group Inc. now owns 4,932,382 shares of the business services provider’s stock worth $1,413,078,000 after purchasing an additional 107,184 shares during the period. State Street Corp grew its holdings in FactSet Research Systems by 1.2% in the 3rd quarter. State Street Corp now owns 1,961,231 shares of the business services provider’s stock valued at $561,873,000 after buying an additional 23,660 shares during the last quarter. Loomis Sayles & Co. L P increased its position in FactSet Research Systems by 1.6% in 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 buying an additional 23,900 shares during the period. Ninety One UK Ltd lifted its holdings in shares of FactSet Research Systems by 1.2% during the third quarter. Ninety One UK Ltd now owns 1,206,890 shares of the business services provider’s stock worth $345,762,000 after buying an additional 14,256 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of FactSet Research Systems by 2.4% during the second quarter. Geode Capital Management LLC now owns 1,162,256 shares of the business services provider’s stock worth $518,683,000 after buying an additional 27,035 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

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.