FactSet Research Systems (NYSE:FDS) Coverage Initiated by Analysts at Bank of America

Bank of America initiated coverage on shares of FactSet Research Systems (NYSE:FDS) in a research report report published on Tuesday morning. The firm issued an underperform rating and a $195.00 target price on the business services provider’s stock.

Several other analysts also recently commented on FDS. Jefferies Financial Group reiterated a “hold” rating and set a $305.00 target price on shares of FactSet Research Systems in a research note on Friday, December 19th. Morgan Stanley set a $307.00 target price on FactSet Research Systems and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. Evercore raised their price target on shares of FactSet Research Systems from $320.00 to $321.00 and gave the company an “in-line” rating in a report on Thursday, January 8th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $320.00 price target on shares of FactSet Research Systems in a research note on Friday, December 19th. Finally, Huber Research upgraded shares of FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, December 19th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $298.54.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $189.86 on Tuesday. FactSet Research Systems has a 1-year low of $185.00 and a 1-year high of $474.79. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.54. The business has a fifty day moving average price of $268.33 and a 200-day moving average price of $297.42. The company has a market capitalization of $7.04 billion, a PE ratio of 12.08, a PEG ratio of 1.88 and a beta of 0.73.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The business had revenue of $607.62 million during the quarter, compared to analyst estimates of $599.69 million. During the same period last year, the business earned $4.37 EPS. FactSet Research Systems’s revenue was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, equities analysts expect that FactSet Research Systems will post 17.21 EPS for the current fiscal year.

FactSet Research Systems announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 18th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the business services provider to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 27th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.3%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 27.99%.

Insider Buying and Selling

In related news, Director Laurie Siegel sold 2,572 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $296.25, for a total value of $761,955.00. Following the transaction, the director directly owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. This trade represents a 71.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Malcolm Frank sold 2,572 shares of FactSet Research Systems stock in a transaction on Monday, January 12th. The shares were sold at an average price of $295.70, for a total value of $760,540.40. Following the transaction, the director owned 879 shares in the company, valued at $259,920.30. This trade represents a 74.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FDS. First Horizon Corp bought a new position in shares of FactSet Research Systems during the 3rd quarter valued at approximately $25,000. Cromwell Holdings LLC purchased a new position in FactSet Research Systems during the fourth quarter valued at approximately $26,000. WPG Advisers LLC boosted its position in shares of FactSet Research Systems by 76.9% in the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after purchasing an additional 40 shares during the period. Winnow Wealth LLC bought a new position in shares of FactSet Research Systems in the third quarter worth approximately $28,000. Finally, Field & Main Bank purchased a new stake in shares of FactSet Research Systems in the fourth quarter worth $29,000. Institutional investors own 91.24% of the company’s stock.

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.