FactSet Research Systems Inc. (FDS), a financial data and software pioneer, continues to inspire mixed sentiments across the market. The stock has underperformed the S&P 500 yet its prospects for long-term holding seem promising. Despite this outlook, there appears to be a surge in insider selling in March. FactSet's recent earnings reports hint at robust financial performance, with Q2 2025 results matching expectations. There's increasing excitement about the company's upcoming dividends and fiscal year 2025 revenue projections. The firm has strengthened its financial standing by securing US$1.5 billion in new credit facilities. There are several key personnel changes, including the appointment of Kevin Toomey as Head of Investor Relations. FactSet's stock market performance when compared to other financial data and stock exchange equities is overshadowed by competitor ICE, according to Jim Cramer. FactSet is expanding its capabilities through strategic acquisition, such as the purchase of LiquidityBook for $246.5M, and LogoIntern. These acquisitions aim to enhance its service offerings and reinforce its global brokerage connections. BMO Capital has revised FactSet's price target from $466 to $448, maintaining its 'Market Perform' rating.
Factset Research Systems FDS News Analytics from Tue, 14 May 2024 07:00:00 GMT to Fri, 18 Apr 2025 13:36:38 GMT -
Rating 2
- Innovation 5
- Information 6
