FactSet Research Systems (NYSE:FDS) Releases Quarterly Earnings Results, Beats Estimates By $0.12 EPS

FactSet Research Systems (NYSE:FDS) announced its quarterly earnings results on Thursday. The business services provider reported $3.74 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $547.06 million. During the same quarter in the previous year, the company posted $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 Price Performance

Shares of FDS opened at $466.37 on Friday. The company has a market cap of $17.74 billion, a P/E ratio of 35.17, a PEG ratio of 2.64 and a beta of 0.75. FactSet Research Systems has a fifty-two week low of $391.84 and a fifty-two week high of $488.64. The company has a quick ratio of 1.79, a current ratio of 1.28 and a debt-to-equity ratio of 0.66. The firm’s 50 day moving average price is $421.66 and its 200 day moving average price is $428.58.

FactSet Research Systems Announces Dividend

The firm 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 was Friday, August 30th. FactSet Research Systems’s payout ratio is 31.37%.

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 stock was sold at an average price of $428.42, for a total value of $452,839.94. Following the sale, the chief technology officer now directly owns 687 shares in the company, valued at $294,324.54. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the 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 of the company’s stock, valued at approximately $5,281,976.70. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CTO Katherine M. Stepp sold 1,057 shares of the business’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of $428.42, for a total transaction of $452,839.94. Following the transaction, the chief technology officer now owns 687 shares of the company’s stock, valued at approximately $294,324.54. The disclosure for this sale can be found here. Insiders sold 12,432 shares of company stock valued at $5,166,986 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Wells Fargo & Company boosted their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday. Morgan Stanley increased their price objective on FactSet Research Systems from $350.00 to $355.00 and gave the stock an “underweight” rating in a research report on Monday, June 24th. Royal Bank of Canada lifted their target price on FactSet Research Systems from $464.00 to $503.00 and gave the company a “sector perform” rating in a research report on Friday. Stifel Nicolaus upped their price target on FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a research note on Friday. Finally, Jefferies Financial Group cut 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. Four investment analysts have rated the stock with a sell rating and ten have given a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $446.67.

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.