FactSet Research Systems Inc. has experienced a mixed bag of financial events recently. PNC Financial Services Group Inc. and Icon Wealth Advisors LLC have increased their stock positions in the company, while other financial services companies like Massachusetts Financial Services Co. have significantly reduced their holdings. Various ratings have been given for FactSet ranging from 'Reduced' by analysts to a 'Sector Perform' rating from RBC Capital and Barclays. Despite market challenges, FactSet is not backing down and is pushing forward its artificial intelligence integration efforts. In an effort to improve financial results, FactSet is planning a strong AI push and integrating new AI tools by 2025. FactSet have also made an acquisition in the form of Irwin. In terms of stocks, FactSet has announced a consistent quarterly dividend of $1.04 regardless of whether some investors are trimming down their positions. The company’s Q4 2024 earnings results exceeded EPS estimates and added 188 new clients. At the same time, FactSet’s Q3 2024 earnings beat EPS estimates but slightly missed revenue expectations. FactSet recently launched its 2028 Growth Strategy which targets a 38% operating margin.
Factset Research Systems FDS News Analytics from Fri, 01 Mar 2024 08:00:00 GMT to Sat, 23 Nov 2024 14:57:55 GMT -
Rating +4
- Innovation +2
- Information +6
- Rumor -2
