FactSet Research Systems (NYSE:FDS - Get Free Report) announced its quarterly earnings results on Monday. The business services provider reported $4.27 earnings per share for the quarter, missing the consensus estimate of $4.30 by ($0.03), RTT News reports. The company had revenue of $585.52 million for the quarter, compared to analyst estimates of $580.70 million. FactSet Research Systems had a return on equity of 32.91% and a net margin of 24.07%. During the same period in the prior year, the business posted $4.37 earnings per share. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS.
FactSet Research Systems Stock Down 0.5%
FDS opened at $422.87 on Monday. The company has a market cap of $16.05 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 2.78 and a beta of 0.86. FactSet Research Systems has a twelve month low of $391.69 and a twelve month high of $499.87. The company has a 50-day moving average price of $440.15 and a 200 day moving average price of $451.65. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.72.
FactSet Research Systems Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th were paid a dividend of $1.10 per share. The ex-dividend date was Friday, May 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.04%. This is a boost from FactSet Research Systems's previous quarterly dividend of $1.04. FactSet Research Systems's payout ratio is currently 31.29%.
Institutional Investors Weigh In On FactSet Research Systems
Several large investors have recently bought and sold shares of FDS. Jones Financial Companies Lllp increased its position in shares of FactSet Research Systems by 5.6% during the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider's stock worth $785,000 after purchasing an additional 91 shares in the last quarter. Empowered Funds LLC boosted its stake in FactSet Research Systems by 27.6% during the 1st quarter. Empowered Funds LLC now owns 972 shares of the business services provider's stock worth $442,000 after purchasing an additional 210 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of FactSet Research Systems by 188.2% during the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider's stock worth $45,000 after buying an additional 64 shares in the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts recently commented on FDS shares. Morgan Stanley reaffirmed an "underweight" rating on shares of FactSet Research Systems in a report on Friday. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of FactSet Research Systems in a report on Friday. UBS Group reiterated a "neutral" rating on shares of FactSet Research Systems in a research note on Friday. BMO Capital Markets restated a "market perform" rating on shares of FactSet Research Systems in a research report on Friday. Finally, Wells Fargo & Company downgraded shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating in a research report on Friday. Three investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company's stock. According to data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of "Hold" and an average price target of $445.25.
Check Out Our Latest Research Report on FactSet Research Systems
About FactSet Research Systems
(
Get Free Report)
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.
Read More
Before you consider FactSet Research Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FactSet Research Systems wasn't on the list.
While FactSet Research Systems currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
