Brokerages Set FactSet Research Systems Inc. (NYSE:FDS) Price Target at $253.00

Shares of FactSet Research Systems Inc. (NYSE:FDS) have earned an average rating of “Reduce” from the eighteen analysts that are presently covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $253.00.

A number of equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. UBS Group dropped their price target on shares of FactSet Research Systems from $380.00 to $340.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. Barclays increased their price objective on shares of FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Wells Fargo & Company raised their price objective on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Wednesday, June 24th.

FactSet Research Systems Stock Down 0.1%

NYSE FDS opened at $246.95 on Wednesday. The stock’s 50-day moving average price is $233.50 and its 200-day moving average price is $236.07. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems has a 52 week low of $185.00 and a 52 week high of $453.41. The company has a market capitalization of $8.78 billion, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 1.66 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. The firm had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, equities research analysts predict that FactSet Research Systems will post 17.75 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, May 29th were issued a dividend of $1.16 per share. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, May 29th. FactSet Research Systems’s payout ratio is 30.57%.

Hedge Funds Weigh In On FactSet Research Systems

Large investors have recently made changes to their positions in the business. Daiwa Securities Group Inc. grew its position in shares of FactSet Research Systems by 0.4% during 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 in the last quarter. Aurora Investment Managers LLC. lifted its holdings in FactSet Research Systems by 0.9% in the 4th quarter. Aurora Investment Managers LLC. now owns 3,928 shares of the business services provider’s stock worth $1,140,000 after purchasing an additional 35 shares in the last quarter. WPG Advisers LLC boosted its stake in FactSet Research Systems by 76.9% in the 4th 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. Mayflower Financial Advisors LLC boosted its stake in FactSet Research Systems by 3.6% in the 4th quarter. Mayflower Financial Advisors LLC now owns 1,245 shares of the business services provider’s stock worth $361,000 after purchasing an additional 43 shares during the period. Finally, Promus Capital LLC boosted its stake in FactSet Research Systems by 2.4% in the 3rd quarter. Promus Capital LLC now owns 1,947 shares of the business services provider’s stock worth $558,000 after purchasing an additional 45 shares during the period. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

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.