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

FactSet Research Systems (NYSE:FDS) issued its quarterly earnings results on Thursday. The business services provider reported $3.74 EPS for the quarter, topping the consensus estimate of $3.62 by $0.12, Briefing.com reports. The company had revenue of $562.20 million during the quarter, compared to analyst estimates of $547.06 million. FactSet Research Systems had a net margin of 23.56% and a return on equity of 34.48%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 Down 0.8 %

FDS stock traded down $3.57 during mid-day trading on Friday, hitting $465.91. 583,059 shares of the company were exchanged, compared to its average volume of 269,273. The company has a quick ratio of 1.79, a current ratio of 1.28 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $17.72 billion, a P/E ratio of 35.17, a PEG ratio of 2.64 and a beta of 0.75. The business has a fifty day simple moving average of $421.66 and a 200-day simple moving average of $428.58. FactSet Research Systems has a 12-month low of $391.84 and a 12-month high of $488.64.

FactSet Research Systems Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Jefferies Financial Group cut 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 report on Wednesday, June 5th. Wells Fargo & Company increased their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a research report on Friday. Royal Bank of Canada increased their target price on shares of FactSet Research Systems from $464.00 to $503.00 and gave the company a “sector perform” rating in a research report on Friday. UBS Group increased their target price on shares of FactSet Research Systems from $455.00 to $485.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Morgan Stanley increased their target price on shares of FactSet Research Systems from $350.00 to $355.00 and gave the company an “underweight” rating in a research report on Monday, June 24th. Four investment analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $446.67.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $408.98, for a total transaction of $1,226,940.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $5,281,976.70. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $5,281,976.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CTO Katherine M. Stepp sold 1,057 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $428.42, for a total transaction of $452,839.94. Following the completion of the transaction, the chief technology officer now directly owns 687 shares of the company’s stock, valued at approximately $294,324.54. 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 90 days. 1.00% of the stock is owned by company insiders.

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.