FactSet Research Systems (NYSE:FDS) Stock Price Down 5.5% - Here's What Happened

Key Points

• FactSet shares fell 5.5% in mid-day trading to about $252.99, with trading volume roughly 50% below the average daily level.
• Analyst sentiment remains mixed but leans negative: MarketBeat reports a consensus rating of “Reduce” and an average price target of $266.36, despite several analysts raising their targets and William Blair upgrading the stock to “outperform.”
• FactSet recently exceeded quarterly expectations, reporting $4.53 in EPS and $622.92 million in revenue, while revenue grew 6.4% year over year; it also pays a quarterly dividend of $1.16, equating to a 1.8% yield.

FactSet Research Systems Inc. (NYSE:FDS - Get Free Report)'s share price was down 5.5% during mid-day trading on Tuesday. The company traded as low as $254.33 and last traded at $252.9890. Approximately 467,992 shares changed hands during trading, a decline of 50% from the average daily volume of 938,747 shares. The stock had previously closed at $267.67.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on FDS shares. BMO Capital Markets lifted their price target on FactSet Research Systems from $257.00 to $275.00 and gave the company a "market perform" rating in a research note on Thursday, July 2nd. William Blair raised shares of FactSet Research Systems from a "market perform" rating to an "outperform" rating in a report on Tuesday, September 8th. Royal Bank Of Canada increased their price objective on shares of FactSet Research Systems from $240.00 to $304.00 and gave the company a "sector perform" rating in a research note on Thursday, August 27th. Wells Fargo & Company raised their target price on shares of FactSet Research Systems from $200.00 to $210.00 and gave the company an "underweight" rating in a research report on Thursday, July 2nd. Finally, Morgan Stanley boosted their target price on shares of FactSet Research Systems from $230.00 to $300.00 and gave the stock an "equal weight" rating in a report on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Reduce" and an average target price of $266.36.

FactSet Research Systems Stock Performance

The company has a 50 day moving average price of $281.94 and a 200 day moving average price of $247.73. The company has a market capitalization of $9.02 billion, a price-to-earnings ratio of 16.67, a P/E/G ratio of 1.57 and a beta of 0.71. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.44 by $0.09. The business had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. Equities research analysts predict that FactSet Research Systems Inc. will post 17.77 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, August 31st were issued a $1.16 dividend. The ex-dividend date was Monday, August 31st. This represents a $4.64 annualized dividend and a dividend yield of 1.8%. FactSet Research Systems's dividend payout ratio is currently 30.57%.

Institutional Investors Weigh In On FactSet Research Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bamco Inc. NY purchased a new stake in shares of FactSet Research Systems during the 2nd quarter valued at $966,533,000. Benjamin Edwards Inc. raised its position in shares of FactSet Research Systems by 142.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 3,324 shares of the business services provider's stock worth $765,000 after acquiring an additional 1,955 shares in the last quarter. Regents of The University of California boosted its position in shares of FactSet Research Systems by 118.2% during the first quarter. Regents of The University of California now owns 226,375 shares of the business services provider's stock valued at $49,121,000 after purchasing an additional 122,611 shares in the last quarter. Deane Retirement Strategies Inc. purchased a new stake in FactSet Research Systems in the second quarter worth $3,760,000. Finally, Janney Montgomery Scott LLC lifted its position in FactSet Research Systems by 82.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 38,193 shares of the business services provider's stock valued at $8,288,000 after acquiring an additional 17,296 shares during the period. Hedge funds and other institutional investors own 91.24% of the company's stock.

About FactSet Research Systems

FactSet Research Systems Inc NYSE: FDS provides financial data, analytics and technology solutions for investment professionals. Its platform integrates market, company, economic and alternative data with research and analytical tools, helping users evaluate securities, construct and monitor portfolios, manage risk and support investment decisions.

The company serves a broad range of financial institutions, including asset managers, wealth managers, investment banks, hedge funds, private-equity firms and corporate finance teams.

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