FactSet Research Systems (NYSE:FDS) Given New $380.00 Price Target at UBS Group

FactSet Research Systems (NYSE:FDS) had its target price trimmed by UBS Group from $425.00 to $380.00 in a report published on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the business services provider’s stock.

Several other brokerages have also recently issued reports on FDS. Weiss Ratings reissued a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Friday, March 27th. Royal Bank Of Canada decreased their target price on FactSet Research Systems from $320.00 to $243.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 18th. Barclays lowered their target price on FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a report on Monday, February 23rd. BMO Capital Markets cut their price target on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating on the stock in a research note on Monday, December 22nd. Finally, Morgan Stanley set a $307.00 price objective on FactSet Research Systems and gave the company an “equal weight” rating in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $279.85.

FactSet Research Systems Trading Up 3.7%

Shares of FDS opened at $224.92 on Wednesday. The firm has a market capitalization of $8.34 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 2.21 and a beta of 0.73. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.43 and a quick ratio of 1.54. FactSet Research Systems has a 1-year low of $185.00 and a 1-year high of $474.79. The company has a 50-day moving average of $217.92 and a 200 day moving average of $261.64.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Tuesday, March 31st. The business services provider reported $4.46 EPS for the quarter, topping analysts’ consensus estimates of $4.37 by $0.09. The business had revenue of $611.02 million for the quarter, compared to the consensus estimate of $604.78 million. FactSet Research Systems had a net margin of 24.48% and a return on equity of 30.25%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.28 EPS. On average, research analysts expect that FactSet Research Systems will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 27th were issued a dividend of $1.10 per share. The ex-dividend date was Friday, February 27th. This represents a $4.40 dividend on an annualized basis and a yield of 2.0%. FactSet Research Systems’s dividend payout ratio is currently 27.99%.

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

Insider Buying and Selling at FactSet Research Systems

In related news, Director Malcolm Frank sold 2,572 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the sale, the director directly owned 879 shares in the company, valued at $259,920.30. This represents a 74.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Laurie Siegel sold 2,572 shares of the firm’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction of $761,955.00. Following the completion of the sale, the director owned 1,037 shares in the company, valued at $307,211.25. This represents a 71.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position in FactSet Research Systems by 5.6% during the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock valued at $785,000 after acquiring an additional 91 shares during the last quarter. Empowered Funds LLC grew its holdings in FactSet Research Systems by 27.6% in the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after purchasing an additional 210 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after purchasing an additional 64 shares in the last quarter. Quadrant Capital Group LLC increased its position in shares of FactSet Research Systems by 190.0% during the second quarter. Quadrant Capital Group LLC now owns 1,476 shares of the business services provider’s stock worth $660,000 after purchasing an additional 967 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of FactSet Research Systems by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,108 shares of the business services provider’s stock valued at $1,390,000 after purchasing an additional 74 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

Trending Headlines about FactSet Research Systems

Here are the key news stories impacting FactSet Research Systems this week:

• Positive Sentiment: Q2 results: FactSet reported beat-sized non-GAAP results (EPS $4.46 vs consensus $4.37) and revenue of $611M (up 7.1% Y/Y), with management providing supporting materials (press release/slide deck). This earnings beat and steady organic ASV growth are the primary catalysts lifting the stock. Read More.
• Positive Sentiment: Valuation/rebound commentary: Several pieces argue FactSet’s valuation looks attractive after a multiyear share decline and that fundamentals could support a rebound, which likely boosted buyer interest. Read More.
• Neutral Sentiment: Analyst nuance: UBS cut its price target from $425 to $380 but kept a “buy” rating — signaling continued conviction in longer-term upside despite lowering near-term expectations. Read More.
• Neutral Sentiment: Earnings call / transcripts show mixed details (some GAAP vs non‑GAAP nuances and line-item commentary) that investors are parsing for forward guidance and contract trends. Conference call transcripts and slide deck provide deeper context. Read More.
• Negative Sentiment: Goldman Sachs lowered its price target to $217 and moved to a “sell” rating, signaling short-term downside risk and adding selling pressure among institutional holders. Read More.
• Negative Sentiment: Wells Fargo raised its PT slightly to $200 but retained an “underweight” stance, reinforcing cautious sentiment from some sell-side desks and limiting upside momentum. Read More.

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.