FactSet Research Systems (NYSE:FDS) Sets New 1-Year Low - Here's Why

Key Points

• FactSet Research Systems reached a new 52-week low, trading at $272.50, following downgrades from multiple analysts, including a price target reduction from $394.00 to $328.00 by Evercore ISI.
• The company's recent quarterly earnings report showed an EPS of $4.05, slightly missing analysts' expectations of $4.13, despite a year-over-year revenue increase of 6.2%.
• FactSet's annualized dividend is $4.40 with a yield of 1.6%, reflecting a dividend payout ratio of 28.30%.

FactSet Research Systems Inc. (NYSE:FDS - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $272.50 and last traded at $274.92, with a volume of 1113260 shares trading hands. The stock had previously closed at $282.33.

Analyst Upgrades and Downgrades

FDS has been the topic of several analyst reports. Evercore ISI lowered their target price on shares of FactSet Research Systems from $394.00 to $328.00 and set an "in-line" rating on the stock in a report on Friday, September 19th. Rothschild & Co Redburn raised shares of FactSet Research Systems from a "sell" rating to a "neutral" rating and decreased their price objective for the stock from $415.00 to $370.00 in a research note on Friday, September 12th. Barclays cut their target price on shares of FactSet Research Systems from $390.00 to $300.00 and set an "underweight" rating for the company in a research note on Friday, September 19th. UBS Group upgraded FactSet Research Systems from a "neutral" rating to a "buy" rating and cut their price objective for the company from $480.00 to $425.00 in a research report on Monday, September 22nd. Finally, Wells Fargo & Company decreased their target price on FactSet Research Systems from $355.00 to $296.00 and set an "underweight" rating on the stock in a report on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and six have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus price target of $359.10.

FactSet Research Systems Stock Down 2.6%

The firm's 50-day simple moving average is $353.46 and its 200 day simple moving average is $408.19. The company has a market cap of $10.39 billion, a P/E ratio of 17.68, a PEG ratio of 2.08 and a beta of 0.79. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 1.40.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 EPS for the quarter, missing analysts' consensus estimates of $4.13 by ($0.08). The company had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a return on equity of 31.06% and a net margin of 25.72%.The firm's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $3.74 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Friday, August 29th were issued a $1.10 dividend. The ex-dividend date was Friday, August 29th. This represents a $4.40 annualized dividend and a yield of 1.6%. FactSet Research Systems's dividend payout ratio (DPR) is 28.30%.

Insider Activity at FactSet Research Systems

In related news, Director James J. Mcgonigle sold 2,925 shares of the firm'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 sale, the director owned 4,461 shares of the company's stock, valued at approximately $2,013,650.79. This trade represents a 39.60% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Christopher Mcloughlin purchased 338 shares of the stock in a transaction on Tuesday, September 23rd. The stock was acquired at an average price of $296.19 per share, with a total value of $100,112.22. Following the completion of the acquisition, the insider directly owned 3,446 shares of the company's stock, valued at approximately $1,020,670.74. This represents a 10.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of FactSet Research Systems

A number of institutional investors have recently modified their holdings of FDS. Fifth Third Bancorp lifted its position in shares of FactSet Research Systems by 1.6% in the 1st quarter. Fifth Third Bancorp now owns 1,470 shares of the business services provider's stock worth $668,000 after purchasing an additional 23 shares during the period. Birch Capital Management LLC raised its stake in FactSet Research Systems by 0.3% during the first quarter. Birch Capital Management LLC now owns 8,611 shares of the business services provider's stock worth $3,915,000 after buying an additional 25 shares during the last quarter. Alps Advisors Inc. lifted its holdings in FactSet Research Systems by 3.1% in the first quarter. Alps Advisors Inc. now owns 822 shares of the business services provider's stock valued at $374,000 after buying an additional 25 shares during the period. Integrated Investment Consultants LLC boosted its position in FactSet Research Systems by 0.8% during the first quarter. Integrated Investment Consultants LLC now owns 3,056 shares of the business services provider's stock valued at $1,389,000 after acquiring an additional 25 shares during the last quarter. Finally, Horizon Investments LLC grew its holdings in FactSet Research Systems by 4.8% during the 1st quarter. Horizon Investments LLC now owns 544 shares of the business services provider's stock worth $247,000 after acquiring an additional 25 shares during the period. 91.24% of the stock is currently owned by 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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