FactSet Research Systems Inc. (NYSE:FDS) Stock Has Consensus Target Price of $271.79 According to Analysts

Key Points

• Analyst sentiment is cautious: Nineteen analysts have a consensus “Reduce” rating on FactSet, including six sells, ten holds, two buys, and one strong buy. The average 12-month price target is $271.79, below the reported share price of $302.04.
• Institutional ownership is substantial: Hedge funds and other institutional investors own 91.24% of FactSet’s shares, with several major institutions recently initiating or increasing positions.
• FactSet exceeded quarterly expectations: The company reported adjusted EPS of $4.52 versus the $4.35 consensus estimate and revenue of $634.70 million, up 6.3% year over year. It also pays a quarterly dividend of $1.16 per share, equivalent to a 1.5% annual yield.

FactSet Research Systems Inc. (NYSE:FDS - Get Free Report) has earned a consensus recommendation of "Reduce" from the nineteen ratings firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $271.79.

Several analysts have recently weighed in on FDS shares. Wolfe Research boosted their target price on FactSet Research Systems from $225.00 to $240.00 and gave the company an "underperform" rating in a report on Wednesday, July 1st. Royal Bank Of Canada upped their target price on FactSet Research Systems from $240.00 to $304.00 and gave the company a "sector perform" rating in a research report on Thursday, August 27th. Stifel Nicolaus raised their price target on FactSet Research Systems from $254.00 to $292.00 and gave the stock a "hold" rating in a research note on Thursday, October 1st. Bank of America raised their price target on FactSet Research Systems from $205.00 to $210.00 and gave the stock an "underperform" rating in a research note on Thursday, July 2nd. Finally, UBS Group reaffirmed a "buy" rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd.

Hedge Funds Weigh In On FactSet Research Systems

Institutional investors have recently modified their holdings of the business. Bamco Inc. NY acquired a new stake in FactSet Research Systems during the 2nd quarter worth $966,533,000. BlackRock Inc. acquired a new position in FactSet Research Systems in the second quarter valued at $657,658,000. Bank of America Corp DE increased its stake in FactSet Research Systems by 33.6% in the first quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider's stock valued at $182,861,000 after purchasing an additional 212,022 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of FactSet Research Systems by 123.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 377,926 shares of the business services provider's stock valued at $82,006,000 after buying an additional 208,824 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of FactSet Research Systems in the second quarter valued at about $68,587,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $302.04 on Friday. The company's fifty day moving average price is $285.79 and its 200 day moving average price is $254.70. FactSet Research Systems has a 12 month low of $185.00 and a 12 month high of $320.48. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.60 and a quick ratio of 0.68. The firm has a market capitalization of $10.74 billion, a P/E ratio of 20.74, a P/E/G ratio of 1.62 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $0.17. FactSet Research Systems had a net margin of 21.54% and a return on equity of 31.66%. The company had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. During the same quarter in the prior year, the firm posted $4.05 earnings per share. FactSet Research Systems's revenue for the quarter was up 6.3% on a year-over-year basis. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, sell-side analysts predict that FactSet Research Systems will post 19.63 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, August 31st were given a dividend of $1.16 per share. The ex-dividend date was Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.5%. FactSet Research Systems's dividend payout ratio (DPR) is 31.87%.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.

The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.

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