FactSet Research Systems (NYSE:FDS) Issues Quarterly Earnings Results

FactSet Research Systems (NYSE:FDS) released its earnings results on Thursday. The business services provider reported $3.74 earnings per share for the quarter, topping analysts’ consensus estimates of $3.62 by $0.12, Briefing.com reports. FactSet Research Systems had a net margin of 23.56% and a return on equity of 34.48%. The firm had revenue of $562.20 million for the quarter, compared to the consensus estimate of $547.06 million. During the same period in the prior year, the firm earned $2.93 EPS. The company’s revenue was up 4.9% compared to the same quarter last year. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS and its FY25 guidance to $16.80-$17.40 EPS.

FactSet Research Systems Trading Down 0.7 %

Shares of NYSE:FDS opened at $466.37 on Friday. The stock has a 50 day moving average of $421.66 and a 200 day moving average of $428.58. The company has a market cap of $17.74 billion, a PE ratio of 35.17, a price-to-earnings-growth ratio of 2.64 and a beta of 0.75. FactSet Research Systems has a 12-month low of $391.84 and a 12-month high of $488.64. The company has a current ratio of 1.28, a quick ratio of 1.79 and a debt-to-equity ratio of 0.66.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Friday, August 30th were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Friday, August 30th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 31.37%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Stifel Nicolaus upped their price objective on shares of FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a report on Friday. Royal Bank of Canada upped their price target on FactSet Research Systems from $464.00 to $503.00 and gave the stock a “sector perform” rating in a research note on Friday. Jefferies Financial Group reduced their price objective on FactSet Research Systems from $455.00 to $378.00 and set a “hold” rating for the company in a research report on Wednesday, June 5th. BMO Capital Markets boosted their target price on FactSet Research Systems from $440.00 to $471.00 and gave the stock a “market perform” rating in a report on Friday. Finally, UBS Group increased their target price on FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday. Four equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. According to data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Hold” and an average price target of $446.67.

Insider Buying and Selling at FactSet Research Systems

In other news, CTO Katherine M. Stepp sold 1,057 shares of the stock in a transaction on Monday, June 24th. The shares were sold at an average price of $428.42, for a total value of $452,839.94. Following the completion of the sale, the chief technology officer now directly owns 687 shares of the company’s stock, valued at $294,324.54. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CTO Katherine M. Stepp sold 1,057 shares of the stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $428.42, for a total transaction of $452,839.94. Following the completion of the sale, the chief technology officer now owns 687 shares in the company, valued at $294,324.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $408.98, for a total value of $1,226,940.00. Following the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $5,281,976.70. The disclosure for this sale can be found here. Insiders have sold 12,432 shares of company stock valued at $5,166,986 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

About FactSet Research Systems

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.