FactSet Research Systems (NYSE:FDS) Earns "Hold (C-)" Rating from Weiss Ratings

Key Points

• FactSet Research Systems was given a "Hold (C-)" rating by Weiss Ratings, indicating a cautious outlook on the stock.
• Research reports from other analysts show a mix of ratings: one Buy, eight Holds, and five Sells, with an average rating of "Reduce" and a consensus price target of $356.78.
• The company reported $4.05 earnings per share for the last quarter, missing expectations, although revenue increased by 6.2% year-over-year.

FactSet Research Systems (NYSE:FDS - Get Free Report)'s stock had its "hold (c-)" rating reissued by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Other research analysts also recently issued research reports about the company. Rothschild & Co Redburn upgraded FactSet Research Systems from a "sell" rating to a "neutral" rating and reduced their price objective for the company from $415.00 to $370.00 in a research note on Friday, September 12th. Raymond James Financial raised FactSet Research Systems from an "underperform" rating to a "market perform" rating in a research note on Thursday, June 26th. Morgan Stanley reduced their target price on FactSet Research Systems from $393.00 to $293.00 and set an "underweight" rating on the stock in a research note on Friday, September 19th. Huber Research raised FactSet Research Systems to a "strong sell" rating in a research note on Friday, September 19th. Finally, Stifel Nicolaus dropped their target price on FactSet Research Systems from $464.00 to $372.00 and set a "hold" rating on the stock in a report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, FactSet Research Systems has an average rating of "Reduce" and a consensus price target of $356.78.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $281.45 on Wednesday. The firm has a market cap of $10.64 billion, a P/E ratio of 18.10, a P/E/G ratio of 2.04 and a beta of 0.79. The stock's 50 day moving average is $348.12 and its 200 day moving average is $406.40. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. FactSet Research Systems has a one year low of $272.50 and a one year high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its earnings results on Thursday, September 18th. The business services provider reported $4.05 earnings per share for the quarter, missing analysts' consensus estimates of $4.13 by ($0.08). The business had revenue of $596.90 million during the quarter, compared to the consensus estimate of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, research analysts expect that FactSet Research Systems will post 17.21 EPS for the current year.

Insider Buying and Selling

In related news, Director James J. Mcgonigle sold 2,925 shares of the business's stock in a transaction on Monday, July 14th. The stock was sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the transaction, the director directly owned 4,461 shares in the company, valued at $2,013,650.79. The trade was a 39.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Christopher Mcloughlin purchased 338 shares of the company's stock in a transaction on Tuesday, September 23rd. The shares were purchased at an average price of $296.19 per share, for a total transaction of $100,112.22. Following the purchase, the insider owned 3,446 shares in the company, valued at approximately $1,020,670.74. The trade was a 10.88% increase in their position. The disclosure for this purchase can be found here. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On FactSet Research Systems

A number of large investors have recently made changes to their positions in FDS. Vanguard Group Inc. boosted its position in shares of FactSet Research Systems by 0.6% during the second quarter. Vanguard Group Inc. now owns 4,825,198 shares of the business services provider's stock worth $2,158,215,000 after buying an additional 29,844 shares during the period. State Street Corp increased its position in shares of FactSet Research Systems by 0.8% during the second quarter. State Street Corp now owns 1,937,571 shares of the business services provider's stock worth $866,637,000 after purchasing an additional 15,556 shares in the last quarter. Loomis Sayles & Co. L P grew its holdings in shares of FactSet Research Systems by 1.6% during the second quarter. Loomis Sayles & Co. L P now owns 1,508,052 shares of the business services provider's stock worth $674,522,000 after buying an additional 23,900 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of FactSet Research Systems by 2.4% during the second quarter. Geode Capital Management LLC now owns 1,162,256 shares of the business services provider's stock worth $518,683,000 after buying an additional 27,035 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in FactSet Research Systems by 57.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider's stock valued at $370,873,000 after purchasing an additional 301,129 shares in the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

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.

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