FactSet Research Systems (FDS), in recent events, reported significant financial activities and market movement. BIO-based asset managers Ieq Capital LLC and Spire Wealth Management have made alterations to their FDS stock positions. The company's upcoming dividends and analyst estimates suggest the stock could be a worthwhile long-term holding. Insiders recently sold US$2.8m worth of stock, potentially indicating caution. FDS has also disclosed its big acquisition of
LiquidityBook for $246.5 Million. Quarterly earnings reports have been a focus of analysts, with mixed views on the stock's expected performance. Several suggest that FactSet might be underperforming the financial sector, while others have confidence in the company's low-teens EPS growth and considered it a strong buy.
Q1 2025 earnings missed expectations, causing a decline in Q1. However, the company quickly rebounded as FDS overcame estimates for Q1 earnings and revenues. In a strategic move, FactSet acquired LiquidityBook, connecting 200+ global brokers, and showcasing their intent in creating meaningful partnerships, like that with J.P. Morgan. The company's resilient business nature and strategic acquisitions depict a positive outlook, notwithstanding the challenge of slowing growth amid a stock price rise.
Factset Research Systems FDS News Analytics from Mon, 01 Apr 2024 07:00:00 GMT to Sat, 01 Mar 2025 09:11:43 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 2
