FactSet Research Systems (NYSE:FDS) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

FactSet Research Systems (NYSE:FDS) posted its earnings results on Monday. The business services provider reported $4.27 earnings per share for the quarter, missing the consensus estimate of $4.30 by ($0.03), RTT News reports. FactSet Research Systems had a return on equity of 32.91% and a net margin of 24.07%. The firm had revenue of $585.52 million during the quarter, compared to the consensus estimate of $580.70 million. During the same period in the previous year, the company posted $4.37 EPS. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS.

FactSet Research Systems Stock Performance

FactSet Research Systems stock opened at $436.52 on Tuesday. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.72. FactSet Research Systems has a 1 year low of $391.69 and a 1 year high of $499.87. The company has a market cap of $16.56 billion, a PE ratio of 31.05, a PEG ratio of 2.78 and a beta of 0.86. The company’s 50-day moving average is $440.21 and its two-hundred day moving average is $451.34.

FactSet Research Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Friday, May 30th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, May 30th. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.04. This represents a $4.40 dividend on an annualized basis and a yield of 1.01%. FactSet Research Systems’s dividend payout ratio is presently 31.29%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Empowered Funds LLC raised its position in shares of FactSet Research Systems by 27.6% in the 1st quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock valued at $442,000 after acquiring an additional 210 shares during the period. Jones Financial Companies Lllp raised its position in shares of FactSet Research Systems by 5.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock valued at $785,000 after acquiring an additional 91 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 64 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company lowered shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating in a report on Friday. Morgan Stanley reissued an “underweight” rating on shares of FactSet Research Systems in a report on Friday. BMO Capital Markets reissued a “market perform” rating on shares of FactSet Research Systems in a report on Friday. Evercore ISI decreased their price objective on shares of FactSet Research Systems from $470.00 to $448.00 and set an “in-line” rating on the stock in a report on Monday, June 16th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of FactSet Research Systems in a report on Friday. Three analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $445.25.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.