Brokerages Set FactSet Research Systems Inc. (NYSE:FDS) PT at $291.62

FactSet Research Systems Inc. (NYSE:FDS) has received an average recommendation of “Reduce” from the seventeen analysts that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a sell rating, nine have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $291.6154.

FDS has been the topic of several research analyst reports. The Goldman Sachs Group dropped their target price on FactSet Research Systems from $282.00 to $253.00 and set a “sell” rating on the stock in a research note on Friday, December 19th. Jefferies Financial Group reiterated a “hold” rating and issued a $305.00 price target on shares of FactSet Research Systems in a research note on Friday, December 19th. Wells Fargo & Company lowered their price target on FactSet Research Systems from $215.00 to $195.00 and set an “underweight” rating for the company in a report on Tuesday, February 17th. BMO Capital Markets dropped 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, Raymond James Financial restated a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th.

Insiders Place Their Bets

In other news, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction of $761,955.00. Following the sale, the director directly owned 1,037 shares of the company’s stock, valued at $307,211.25. The trade was a 71.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Malcolm Frank sold 2,572 shares of the company’s 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 completion of the transaction, the director directly owned 879 shares in the company, valued at approximately $259,920.30. The trade was a 74.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.20% of the company’s stock.

Institutional Trading of FactSet Research Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Huntington National Bank increased its holdings in shares of FactSet Research Systems by 10.0% in the second quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 29 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of FactSet Research Systems by 0.4% in the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after purchasing an additional 30 shares during the last quarter. Claret Asset Management Corp lifted its holdings in shares of FactSet Research Systems by 7.0% during the second quarter. Claret Asset Management Corp now owns 532 shares of the business services provider’s stock worth $238,000 after purchasing an additional 35 shares during the period. Aurora Investment Managers LLC. boosted its position in FactSet Research Systems by 0.9% in the fourth quarter. Aurora Investment Managers LLC. now owns 3,928 shares of the business services provider’s stock valued at $1,140,000 after buying an additional 35 shares during the last quarter. Finally, MAI Capital Management boosted its position in FactSet Research Systems by 4.4% in the second quarter. MAI Capital Management now owns 873 shares of the business services provider’s stock valued at $390,000 after buying an additional 37 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Down 3.1%

NYSE:FDS opened at $205.35 on Thursday. The stock has a market capitalization of $7.62 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 2.19 and a beta of 0.75. FactSet Research Systems has a 52 week low of $185.00 and a 52 week high of $474.79. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The firm has a 50 day moving average of $243.06 and a 200 day moving average of $279.09.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $599.69 million. During the same period in the previous year, the company earned $4.37 earnings per share. The business’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. As a group, sell-side analysts anticipate that FactSet Research Systems will post 17.21 earnings per share for the current fiscal year.

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

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 27th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. FactSet Research Systems’s payout ratio is currently 27.99%.

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.