FactSet Research Systems (NYSE:FDS) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS

FactSet Research Systems (NYSE:FDS) released its earnings results on Wednesday. The business services provider reported $4.53 EPS for the quarter, topping analysts’ consensus estimates of $4.44 by $0.09, FiscalAI reports. The company had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%. FactSet Research Systems updated its FY 2026 guidance to 17.250-17.750 EPS.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $230.24 on Wednesday. The company has a 50 day moving average of $230.80 and a 200 day moving average of $238.36. The stock has a market cap of $8.39 billion, a P/E ratio of 14.81, a P/E/G ratio of 1.95 and a beta of 0.71. FactSet Research Systems has a 12 month low of $185.00 and a 12 month high of $453.41. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64.

FactSet Research Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, May 29th were given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.0%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date was Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 29.84%.

Analyst Ratings Changes

Several brokerages recently weighed in on FDS. Wells Fargo & Company lifted their price objective on FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a report on Wednesday, April 1st. Rothschild & Co Redburn lowered shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 target price for the company. in a research report on Thursday, June 18th. Royal Bank Of Canada reduced their target price on shares of FactSet Research Systems from $243.00 to $240.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 27th. UBS Group lowered their price target on shares of FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Finally, The Goldman Sachs Group cut shares of FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $267.69.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position in shares of FactSet Research Systems by 5.6% in the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after buying an additional 91 shares in the last quarter. Empowered Funds LLC grew its position in FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after buying an additional 210 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after acquiring an additional 64 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in FactSet Research Systems by 58.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock worth $62,000 after acquiring an additional 51 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of FactSet Research Systems by 15.6% in the 2nd quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock valued at $2,347,000 after acquiring an additional 707 shares in the last quarter. 91.24% of the stock is owned by institutional investors.

About FactSet Research Systems

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.