FactSet Research Systems Inc. (FDS) to Issue Quarterly Dividend of $1.16 on September 17th

FactSet Research Systems Inc. (NYSE:FDS) declared a quarterly dividend on Tuesday, August 11th. Stockholders of record on Monday, August 31st will be paid a dividend of 1.16 per share by the business services provider on Thursday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, August 31st.

FactSet Research Systems has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 27 consecutive years. FactSet Research Systems has a dividend payout ratio of 25.4% meaning its dividend is sufficiently covered by earnings. Analysts expect FactSet Research Systems to earn $19.79 per share next year, which means the company should continue to be able to cover its $4.64 annual dividend with an expected future payout ratio of 23.4%.

FactSet Research Systems Trading Up 1.7%

NYSE FDS opened at $309.63 on Friday. The firm has a market cap of $11.01 billion, a PE ratio of 20.40, a price-to-earnings-growth ratio of 2.04 and a beta of 0.70. FactSet Research Systems has a 1-year low of $185.00 and a 1-year high of $377.07. The stock has a 50-day moving average of $264.27 and a 200-day moving average of $236.21. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.44 by $0.09. The business had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.FactSet Research Systems’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, sell-side analysts forecast that FactSet Research Systems will post 17.76 EPS for the current year.

Institutional Investors Weigh In On FactSet Research Systems

Hedge funds have recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. boosted its holdings 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 buying an additional 30 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings in FactSet Research Systems by 1.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,198 shares of the business services provider’s stock worth $506,000 after purchasing an additional 36 shares during the period. SkyView Investment Advisors LLC grew its holdings in FactSet Research Systems by 2.7% during the second quarter. SkyView Investment Advisors LLC now owns 1,809 shares of the business services provider’s stock valued at $798,000 after purchasing an additional 48 shares during the period. Lafayette Investments Inc. increased its position in FactSet Research Systems by 1.1% in the first quarter. Lafayette Investments Inc. now owns 4,524 shares of the business services provider’s stock worth $982,000 after buying an additional 49 shares in the last quarter. Finally, Tema ETFs LLC increased its position in FactSet Research Systems by 8.1% in the second quarter. Tema ETFs LLC now owns 669 shares of the business services provider’s stock worth $154,000 after buying an additional 50 shares in the last quarter. 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.