Over the recent period, several developments have been reported concerning
FactSet Research Systems (FDS). The company has been indicated as a top-ranked growth stock, indicating strong appeal to investors. However, news of certain stakes being sold by investment groups such as
Rhumbline Advisers and
Fiera Capital has been revealed. On a more positive note,
Versor Investments took a position in FDS, suggesting confidence towards the company. In addition, FDS surpassed Q3 earnings estimates and showed an uptick in its stock following a Q3 profit beat. CEO
Frederick Philip Snow has reportedly sold 3,000 shares of FDS stock. A strategic
SWOT insight into FDS has been decoded. It is stated that a reshuffle within the executive team took place and that despite projections of a poor outlook for FY24 and possibly FY25, the company managed to beat earnings expectations. An increase in the company's dividends, a noted 60% return over the past five years and the appointment of
Helen Shan as Chief Financial Officer are other significant reports. Lastly, FDS has announced the acquisition of SaaS data visualization platform
idaciti.
Factset Research Systems FDS News Analytics from Fri, 07 Aug 2020 23:07:09 GMT to Sat, 07 Sep 2024 16:09:01 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor 1
