William Blair upgraded shares of FactSet Research Systems (NYSE:FDS – Free Report) from a market perform rating to an outperform rating in a research report released on Tuesday, MarketBeat Ratings reports.
A number of other research firms have also weighed in on FDS. BMO Capital Markets upped their target price on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. Barclays upped their price target on shares of FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a report on Monday, July 6th. Finally, Bank of America increased their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $265.00.
Get Our Latest Stock Report on FDS
FactSet Research Systems Stock Down 6.0%
FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The firm had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. During the same period in the prior year, the business posted $4.27 earnings per share. The company’s revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, equities analysts predict that FactSet Research Systems will post 17.76 EPS for the current fiscal year.
FactSet Research Systems Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Monday, August 31st will be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is currently 30.57%.
Institutional Investors Weigh In On FactSet Research Systems
Hedge funds have recently bought and sold shares of the stock. BOKF NA raised its position in shares of FactSet Research Systems by 5,100.0% during the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after buying an additional 102 shares in the last quarter. Navalign LLC bought a new stake in shares of FactSet Research Systems during the 4th quarter worth $32,000. Litman Gregory Wealth Management LLC purchased a new position in FactSet Research Systems in the fourth quarter worth $32,000. Elyxium Wealth LLC purchased a new position in FactSet Research Systems in the fourth quarter worth $35,000. Finally, Parkside Financial Bank & Trust increased its stake in FactSet Research Systems by 31.2% in the second quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 43 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.
FactSet Research Systems Company Profile
FactSet Research Systems Inc (NYSE:FDS) provides financial data, analytics and technology solutions for investment professionals. Its platform integrates market, company, economic and alternative data with research and analytical tools, helping users evaluate securities, construct and monitor portfolios, manage risk and support investment decisions.
The company serves a broad range of financial institutions, including asset managers, wealth managers, investment banks, hedge funds, private-equity firms and corporate finance teams.
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