FactSet Research Systems (NYSE:FDS) Price Target Raised to $216.00 at Barclays

FactSet Research Systems (NYSE:FDS) had its target price lifted by Barclays from $210.00 to $216.00 in a report released on Monday morning,Benzinga reports. Barclays currently has an underweight rating on the business services provider’s stock.

FDS has been the subject of a number of other research reports. The Goldman Sachs Group cut FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. UBS Group cut their price target on FactSet Research Systems from $380.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. Wolfe Research lifted their price target on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a report on Wednesday, July 1st. Royal Bank Of Canada restated a “sector perform” rating and issued a $240.00 price objective on shares of FactSet Research Systems in a report on Thursday, July 2nd. Finally, Rothschild & Co Redburn lowered shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective on the stock. in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $253.00.

FactSet Research Systems Stock Performance

FDS stock opened at $256.78 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market cap of $9.13 billion, a P/E ratio of 16.92, a P/E/G ratio of 2.08 and a beta of 0.72. The firm has a 50 day simple moving average of $231.81 and a 200 day simple moving average of $237.15. FactSet Research Systems has a 52 week low of $185.00 and a 52 week high of $453.41.

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, beating the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The firm had revenue of $622.92 million for the quarter, compared to analyst estimates of $617.91 million. During the same quarter in the prior year, the business earned $4.27 EPS. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Research analysts anticipate that FactSet Research Systems will post 17.72 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The business also recently declared 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. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date was Friday, May 29th. This represents a $4.64 annualized dividend and a dividend yield of 1.8%. FactSet Research Systems’s dividend payout ratio is currently 30.57%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FDS. Mattern Capital Management LLC grew its stake in shares of FactSet Research Systems by 48.8% in the fourth quarter. Mattern Capital Management LLC now owns 30,391 shares of the business services provider’s stock worth $8,819,000 after acquiring an additional 9,971 shares during the last quarter. Element Squared LLC acquired a new position in FactSet Research Systems during the 4th quarter valued at $2,376,000. Ticino Wealth bought a new stake in FactSet Research Systems in the 4th quarter valued at $1,946,000. Argo Wealth Advisory LLC acquired a new stake in FactSet Research Systems in the 4th quarter worth $1,622,000. Finally, Investment House LLC grew its position in FactSet Research Systems by 311.5% in the 4th quarter. Investment House LLC now owns 42,393 shares of the business services provider’s stock worth $12,302,000 after purchasing an additional 32,092 shares during the last quarter. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Company Profile

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.