FactSet Research Systems Inc. (NYSE:FDS) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of FactSet Research Systems Inc. (NYSE:FDS) have earned a consensus recommendation of “Reduce” from the eighteen analysts that are covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a sell rating, nine have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $253.00.

A number of equities analysts have weighed in on FDS shares. Rothschild & Co Redburn downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a research report on Thursday, June 18th. Wolfe Research raised their price objective on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research report on Wednesday, July 1st. Morgan Stanley boosted their target price on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, July 2nd. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Wednesday, June 24th. Finally, Barclays raised their price target on FactSet Research Systems from $210.00 to $216.00 and gave the company an “underweight” rating in a report on Monday.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $258.61 on Wednesday. The company has a fifty day moving average price of $232.50 and a two-hundred day moving average price of $236.89. FactSet Research Systems has a one year low of $185.00 and a one year high of $453.41. The stock has a market cap of $9.20 billion, a P/E ratio of 17.04, a P/E/G ratio of 1.69 and a beta of 0.72. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68.

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

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, May 29th were paid a dividend of $1.16 per share. The ex-dividend date was Friday, May 29th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.8%. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s dividend payout ratio is 30.57%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in FactSet Research Systems by 444,058.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock valued at $4,021,376,000 after acquiring an additional 13,854,613 shares during the period. Bamco Inc. NY boosted its holdings in shares of FactSet Research Systems by 58.8% during the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock worth $838,314,000 after acquiring an additional 1,069,786 shares during the period. AQR Capital Management LLC grew its position in shares of FactSet Research Systems by 4,547.4% in the fourth quarter. AQR Capital Management LLC now owns 705,062 shares of the business services provider’s stock valued at $204,602,000 after purchasing an additional 689,891 shares during the last quarter. Bank of Montreal Can grew its position in shares of FactSet Research Systems by 1,843.9% in the fourth quarter. Bank of Montreal Can now owns 597,723 shares of the business services provider’s stock valued at $173,453,000 after purchasing an additional 566,975 shares during the last quarter. Finally, Norges Bank bought a new position in shares of FactSet Research Systems during the fourth quarter worth approximately $151,492,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

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.