FactSet Research Systems (NYSE:FDS) Posts Earnings Results, Beats Expectations By $0.09 EPS

FactSet Research Systems (NYSE:FDSGet Free Report) posted its earnings results on Wednesday. The business services provider reported $4.53 EPS for the quarter, topping analysts’ consensus estimates of $4.44 by $0.09, FiscalAI reports. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The company had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. FactSet Research Systems updated its FY 2026 guidance to 17.250-17.750 EPS.

FactSet Research Systems Stock Performance

NYSE FDS opened at $230.24 on Wednesday. The company has a market cap of $8.39 billion, a P/E ratio of 14.81, a P/E/G ratio of 1.95 and a beta of 0.71. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.43 and a current ratio of 1.43. The business’s 50 day moving average price is $230.80 and its 200-day moving average price is $238.36. FactSet Research Systems has a fifty-two week low of $185.00 and a fifty-two week high of $453.41.

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 issued a $1.16 dividend. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date was Friday, May 29th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.0%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.84%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on FDS. The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. Rothschild & Co Redburn cut shares of 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. Royal Bank Of Canada decreased their price target on shares of FactSet Research Systems from $243.00 to $240.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 27th. UBS Group lowered their price objective on shares of FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have issued 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 an average price target of $267.69.

View Our Latest Stock Report on FDS

Institutional Trading of FactSet Research Systems

Institutional investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. increased its position in FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock valued at $3,071,000 after acquiring an additional 30 shares during the last quarter. SkyView Investment Advisors LLC raised its position in FactSet Research Systems by 2.7% in the 2nd quarter. SkyView Investment Advisors LLC now owns 1,809 shares of the business services provider’s stock worth $798,000 after purchasing an additional 48 shares during the period. EverSource Wealth Advisors LLC raised its position in FactSet Research Systems by 58.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock worth $62,000 after purchasing an additional 51 shares during the period. Geneos Wealth Management Inc. lifted its stake in FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after purchasing an additional 64 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its stake in FactSet Research Systems by 12.3% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 730 shares of the business services provider’s stock worth $212,000 after purchasing an additional 80 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

About FactSet Research Systems

(Get Free Report)

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.

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Earnings History for FactSet Research Systems (NYSE:FDS)

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