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

FactSet Research Systems (NYSE:FDS) posted its quarterly earnings data on Thursday. The business services provider reported $3.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.62 by $0.12, Briefing.com reports. The firm had revenue of $562.20 million during the quarter, compared to analysts’ expectations of $547.06 million. FactSet Research Systems had a return on equity of 34.48% and a net margin of 23.56%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.93 EPS. 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 Trading Up 5.2 %

NYSE:FDS opened at $469.94 on Friday. The stock has a 50-day simple moving average of $419.80 and a 200-day simple moving average of $428.28. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.79 and a current ratio of 1.28. The stock has a market cap of $17.88 billion, a P/E ratio of 35.44, a P/E/G ratio of 2.64 and a beta of 0.75. FactSet Research Systems has a 1 year low of $391.84 and a 1 year high of $488.64.

FactSet Research Systems Dividend Announcement

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

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $408.98, for a total transaction of $1,226,940.00. Following the completion of the sale, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $5,281,976.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $408.98, for a total value of $1,226,940.00. Following the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $5,281,976.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robin Ann Abrams sold 2,375 shares of the stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of $420.71, for a total value of $999,186.25. Following the sale, the director now directly owns 9,193 shares in the company, valued at approximately $3,867,587.03. The disclosure for this sale can be found here. Insiders sold a total of 12,432 shares of company stock valued at $5,166,986 over the last ninety days. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on FDS. Wells Fargo & Company upgraded shares of FactSet Research Systems to a “hold” rating in a report on Tuesday, August 13th. Morgan Stanley raised their price objective on FactSet Research Systems from $350.00 to $355.00 and gave the stock an “underweight” rating in a research note on Monday, June 24th. Bank of America downgraded shares of FactSet Research Systems from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $500.00 to $407.00 in a report on Thursday, May 30th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $464.00 price target on shares of FactSet Research Systems in a research report on Monday, June 24th. Finally, Jefferies Financial Group dropped their price target on shares of FactSet Research Systems from $455.00 to $378.00 and set a “hold” rating for the company in a research note on Wednesday, June 5th. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $432.27.

About FactSet Research Systems

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.