FactSet Research Systems (NYSE:FDS) Posts Quarterly Earnings Results, Beats Estimates By $0.12 EPS

FactSet Research Systems (NYSE:FDS) released its quarterly earnings data on Thursday. The business services provider reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12, Briefing.com reports. FactSet Research Systems had a return on equity of 34.48% and a net margin of 23.56%. The company had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. During the same period in the previous year, the company posted $2.93 EPS. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS and its FY25 guidance to $16.80-$17.40 EPS.

FactSet Research Systems Stock Down 0.7 %

FDS stock opened at $466.37 on Friday. FactSet Research Systems has a fifty-two week low of $391.84 and a fifty-two week high of $488.64. The company has a market capitalization of $17.74 billion, a price-to-earnings ratio of 35.17, a price-to-earnings-growth ratio of 2.64 and a beta of 0.75. The business’s 50 day moving average price is $421.66 and its two-hundred day moving average price is $428.58. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.79 and a current ratio of 1.28.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 30th were given a dividend of $1.04 per share. The ex-dividend date was Friday, August 30th. This represents a $4.16 annualized dividend and a yield of 0.89%. FactSet Research Systems’s payout ratio is 31.37%.

Wall Street Analyst Weigh In

FDS has been the subject of several analyst reports. Royal Bank of Canada raised their price target on shares of FactSet Research Systems from $464.00 to $503.00 and gave the company a “sector perform” rating in a report on Friday. Bank of America lowered FactSet Research Systems from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $500.00 to $407.00 in a research note on Thursday, May 30th. UBS Group upped their target price on FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday. Wells Fargo & Company lifted their price target on FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, BMO Capital Markets upped their price objective on shares of FactSet Research Systems from $440.00 to $471.00 and gave the stock a “market perform” rating in a research report on Friday. Four equities research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and an average target price of $446.67.

Insider Activity

In related news, CTO Katherine M. Stepp sold 1,057 shares of the company’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of $428.42, for a total value of $452,839.94. Following the sale, the chief technology officer now directly owns 687 shares of the company’s stock, valued at $294,324.54. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares in the company, valued at $5,380,259.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Katherine M. Stepp sold 1,057 shares of the firm’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $428.42, for a total value of $452,839.94. Following the transaction, the chief technology officer now owns 687 shares of the company’s stock, valued at $294,324.54. The disclosure for this sale can be found here. Insiders sold a total of 12,432 shares of company stock worth $5,166,986 in the last quarter. 1.00% of the stock is owned by company insiders.

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.