FactSet Research Systems Inc. (NYSE:FDS) Stock Has Average Target Price of $278.57

Shares of FactSet Research Systems Inc. (NYSE:FDS) have received an average recommendation of “Reduce” from the nineteen brokerages that are currently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $284.93.

A number of brokerages have recently issued reports on FDS. BMO Capital Markets upped their price objective on FactSet Research Systems from $300.00 to $314.00 and gave the stock a “market perform” rating in a research note on Tuesday, October 13th. Barclays upped their price target on shares of FactSet Research Systems from $250.00 to $305.00 and gave the stock an “underweight” rating in a research report on Friday, November 6th. Stifel Nicolaus increased their price target on shares of FactSet Research Systems from $292.00 to $325.00 and gave the company a “hold” rating in a research note on Wednesday. William Blair upgraded shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 8th. Finally, Deutsche Bank lifted their price objective on shares of FactSet Research Systems from $280.00 to $299.00 and gave the company a “hold” rating in a research report on Friday, September 11th.

Institutional Trading of FactSet Research Systems

A number of hedge funds have recently modified their holdings of the stock. Bamco Inc. NY acquired a new position in FactSet Research Systems in the 2nd quarter valued at $966,533,000. Benjamin Edwards Inc. lifted its holdings in shares of FactSet Research Systems by 142.8% during the second quarter. Benjamin Edwards Inc. now owns 3,324 shares of the business services provider’s stock worth $765,000 after buying an additional 1,955 shares in the last quarter. Regents of The University of California lifted its holdings in shares of FactSet Research Systems by 118.2% during the first quarter. Regents of The University of California now owns 226,375 shares of the business services provider’s stock worth $49,121,000 after buying an additional 122,611 shares in the last quarter. Deane Retirement Strategies Inc. bought a new stake in shares of FactSet Research Systems in the second quarter valued at about $3,760,000. Finally, Moore Capital Management LP bought a new stake in shares of FactSet Research Systems in the second quarter valued at about $2,088,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FDS opened at $331.96 on Tuesday. The company has a market capitalization of $11.70 billion, a PE ratio of 22.80, a price-to-earnings-growth ratio of 1.89 and a beta of 0.69. FactSet Research Systems has a one year low of $185.00 and a one year high of $348.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.60 and a quick ratio of 0.60. The company’s fifty day moving average price is $297.90 and its 200 day moving average price is $253.10.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.17. The firm had revenue of $634.70 million for the quarter, compared to analyst estimates of $629.83 million. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the firm posted $4.05 EPS. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, analysts expect that FactSet Research Systems will post 19.52 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Monday, November 30th will be given a $1.16 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $4.64 annualized dividend and a dividend yield of 1.4%. FactSet Research Systems’s dividend payout ratio is presently 31.87%.

About FactSet Research Systems

FactSet Research Systems provides financial data, analytics, and workflow technology to investment professionals and businesses. Its platform brings together market and company data, research, and analytical tools to help clients evaluate investments, manage portfolios, and support financial decision-making. The company offers subscription-based products and services, including its workstation, data feeds, application programming interfaces, and portfolio analytics. Its clients include investment managers, investment banks, wealth managers, private equity firms, and corporations.