FactSet Research Systems (NYSE:FDS) Price Target Raised to $265.00

FactSet Research Systems (NYSE:FDS) had its price objective boosted by Wells Fargo & Company from $260.00 to $265.00 in a report published on Wednesday,Benzinga reports. The brokerage currently has an underweight rating on the business services provider’s stock.

FDS has been the subject of several other reports. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a report on Monday, December 29th. Wolfe Research restated an “underperform” rating and issued a $290.00 target price on shares of FactSet Research Systems in a research note on Friday, November 14th. Stifel Nicolaus reduced their price target on FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating on the stock in a research note on Friday, December 19th. Evercore ISI increased their price objective on FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a report on Thursday, January 8th. Finally, UBS Group restated a “buy” rating on shares of FactSet Research Systems in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $313.00.

FactSet Research Systems Price Performance

FDS opened at $289.12 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. The stock has a market capitalization of $10.73 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 2.64 and a beta of 0.75. The stock’s 50 day moving average price is $284.51 and its 200-day moving average price is $328.47. FactSet Research Systems has a 52-week low of $250.50 and a 52-week high of $477.92.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate of $4.36 by $0.15. FactSet Research Systems had a net margin of 25.40% and a return on equity of 30.49%. The business had revenue of $607.62 million for the quarter, compared to analysts’ expectations of $599.69 million. During the same quarter in the previous year, the business posted $4.37 earnings per share. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, equities research analysts predict that FactSet Research Systems will post 17.21 EPS for the current year.

FactSet Research Systems declared that its board has authorized a stock buyback program on Thursday, December 18th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the business services provider to buy up to 5.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 28th were issued a $1.10 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.5%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 27.99%.

Insider Activity

In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $295.70, for a total transaction of $760,540.40. Following the transaction, the director owned 879 shares in the company, valued at approximately $259,920.30. This represents a 74.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Laurie Siegel sold 2,572 shares of the firm’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction of $761,955.00. Following the sale, the director directly owned 1,037 shares in the company, valued at approximately $307,211.25. The trade was a 71.27% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of FactSet Research Systems

Large investors have recently modified their holdings of the company. First Horizon Corp purchased a new position in FactSet Research Systems in the third quarter worth about $25,000. Winnow Wealth LLC bought a new position in shares of FactSet Research Systems in the 3rd quarter worth approximately $28,000. BOKF NA boosted its holdings in shares of FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after buying an additional 102 shares during the last quarter. Covestor Ltd grew its position in FactSet Research Systems by 53.4% during the third quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock valued at $33,000 after buying an additional 39 shares during the period. Finally, Board of the Pension Protection Fund purchased a new stake in FactSet Research Systems during the fourth quarter valued at approximately $35,000. Institutional investors 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.