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

FactSet Research Systems (NYSE:FDS) issued its quarterly earnings results on Thursday. The business services provider reported $3.74 earnings per share for the quarter, beating 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 during 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 business’s revenue was up 4.9% on a year-over-year basis. 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 Stock Down 0.7 %

Shares of NYSE FDS opened at $466.37 on Friday. FactSet Research Systems has a 12-month low of $391.84 and a 12-month high of $488.64. The firm’s 50-day simple moving average is $421.66 and its 200 day simple moving average is $428.58. 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 company has a market cap of $17.74 billion, a price-to-earnings ratio of 35.17, a price-to-earnings-growth ratio of 2.64 and a beta of 0.75.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Friday, August 30th were issued a $1.04 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.89%. FactSet Research Systems’s dividend payout ratio is 31.37%.

Analysts Set New Price Targets

A number of research firms recently weighed in on FDS. Morgan Stanley lifted their target price 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. BMO Capital Markets boosted their price objective on FactSet Research Systems from $440.00 to $471.00 and gave the company a “market perform” rating in a research report on Friday. Bank of America cut FactSet Research Systems from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $500.00 to $407.00 in a research report on Thursday, May 30th. UBS Group boosted their price target on shares of FactSet Research Systems from $455.00 to $485.00 and gave the company a “neutral” rating in a report on Friday. Finally, Wells Fargo & Company raised their price objective on shares of FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a report on Friday. Four investment analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company. According to data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $446.67.

Insider Buying and Selling at FactSet Research Systems

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

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.