FactSet Research Systems Inc. (FDS) To Go Ex-Dividend on February 27th

FactSet Research Systems Inc. (NYSE:FDSGet Free Report) declared a quarterly dividend on Tuesday, February 3rd. Shareholders of record on Friday, February 27th will be given a dividend of 1.10 per share by the business services provider on Thursday, March 19th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th.

FactSet Research Systems has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 27 years. FactSet Research Systems has a dividend payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect FactSet Research Systems to earn $18.68 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 23.6%.

FactSet Research Systems Stock Performance

FDS opened at $201.52 on Wednesday. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.63. The business’s 50 day moving average is $258.85 and its 200-day moving average is $290.65. The stock has a market cap of $7.48 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 1.96 and a beta of 0.73. FactSet Research Systems has a twelve month low of $185.00 and a twelve month high of $474.79.

FactSet Research Systems (NYSE:FDSGet Free Report) last issued its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, topping 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 business had revenue of $607.62 million during the quarter, compared to analyst estimates of $599.69 million. During the same period in the prior year, the company posted $4.37 EPS. The business’s revenue for the quarter 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. On average, analysts predict that FactSet Research Systems will post 17.21 earnings per share for the current year.

Insider Activity at FactSet Research Systems

In related news, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the sale, the director directly owned 1,037 shares in the company, valued at $307,211.25. The trade was a 71.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Malcolm Frank sold 2,572 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 879 shares of the company’s stock, valued at $259,920.30. The trade was a 74.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On FactSet Research Systems

A number of hedge funds have recently modified their holdings of the stock. Running Oak Capital LLC lifted its position in shares of FactSet Research Systems by 14.0% in the 3rd quarter. Running Oak Capital LLC now owns 41,335 shares of the business services provider’s stock valued at $11,842,000 after acquiring an additional 5,072 shares in the last quarter. Nuance Investments LLC purchased a new position in FactSet Research Systems during the 3rd quarter worth approximately $2,733,000. Financial Strategies Group Inc. acquired a new stake in FactSet Research Systems during the 3rd quarter valued at $7,920,000. Fiera Capital Corp lifted its holdings in shares of FactSet Research Systems by 5.3% in the third quarter. Fiera Capital Corp now owns 280,187 shares of the business services provider’s stock valued at $80,271,000 after purchasing an additional 14,133 shares in the last quarter. Finally, Investment House LLC purchased a new stake in shares of FactSet Research Systems in the third quarter valued at $2,951,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

About FactSet Research Systems

(Get Free Report)

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.

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Dividend History for FactSet Research Systems (NYSE:FDS)

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