FactSet Research Systems Inc. provides integrated financial information and analytical applications to the investment and corporate communities in the Americas, EMEA, 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. It serves a range of financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors, and corporate clients. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.
IPO Year: 1996
Exchange: NYSE
Website: factset.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/9/2024 | $420.00 → $380.00 | Neutral → Sell | Redburn Atlantic |
10/2/2024 | $470.00 | In-line | Evercore ISI |
8/13/2024 | $435.00 | Equal Weight | Wells Fargo |
5/30/2024 | $500.00 → $407.00 | Neutral → Underperform | BofA Securities |
4/11/2024 | $430.00 | Underperform | Wolfe Research |
3/22/2024 | $480.00 → $460.00 | Overweight → Equal Weight | Barclays |
12/8/2023 | $471.00 → $480.00 | Buy → Hold | Deutsche Bank |
8/25/2023 | $500.00 → $464.00 | Outperform → Sector Perform | RBC Capital Mkts |
6/15/2023 | Neutral | BofA Securities | |
5/15/2023 | $424.00 | Market Perform | BMO Capital Markets |
NORWALK, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- FactSet, a global financial digital platform and enterprise solutions provider, today announced the launch of Pitch Creator, a groundbreaking GenAI-powered solution designed to revolutionize pitchbook creation for investment banks. By automating the time-consuming tasks of model analysis and presentation building, FactSet Pitch Creator can reduce hours of manual work into minutes, creating the productivity gains necessary for junior bankers to prioritize high-impact strategic initiatives that drive new business opportunities. Elements of Pitch Creator leverage FactSet Mercury, the company's Gen AI-powered chatbot, to allow users to g
Q1 GAAP revenues of $568.7 million, up 4.9% from Q1 2024.Organic Q1 ASV of $2,258.8 million, up 4.5% year over year.Q1 GAAP operating margin of 33.6%, down approximately 120 bps year over year, and adjusted operating margin of 37.6%, consistent with the prior year.Q1 GAAP diluted EPS of $3.89, up 1.3% from the prior year, and adjusted diluted EPS of $4.37, up 6.1% year over year. NORWALK, Conn., Dec. 19, 2024 (GLOBE NEWSWIRE) -- FactSet ("FactSet" or the "Company") (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced results for its first quarter fiscal 2025 ended November 30, 2024. First Quarter Fiscal 2025 Highl
NORWALK, Conn., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Barak Eilam to its Board of Directors. He will also serve on FactSet's Compensation and Talent Committee. Eilam brings nearly three decades of experience scaling enterprise software companies into global market leaders. He is serving as Chief Executive Officer (CEO) of NICE, a leading enterprise software company specializing in analytics and AI solutions, through the end of calendar year 2024. As CEO from 2014 to 2024, Eilam led the company through remarkable growth, tripling its revenue to nearly $3 bi
NEW YORK, Dec. 16, 2024 /PRNewswire/ -- Mosaic, the world's leading Digital Deal Modeling platform, today announced the release of its integration with FactSet, supercharging the Mosaic platform with high quality financial data from FactSet for mutual customers. FactSet's financial and market data will automatically populate Mosaic's deal modeling engine for seamless, rapid screening of public-to-private transactions. This integration empowers private equity firms and investment banks using Mosaic to conduct complex take-private analysis in under one minute, leveraging FactSet
NEW YORK and NORWALK, Conn., Dec. 05, 2024 (GLOBE NEWSWIRE) -- FactSet and J.P. Morgan Securities Services today announced a joint initiative to deliver FactSet's industry-leading performance, reporting, and portfolio analytics solutions through J.P. Morgan's award-winning data management platform, Fusion. The joint offering enables asset managers and asset owners to focus on investment insights and generating alpha while benefiting from modern data management, outsourced accounting, and advanced portfolio analytics. J.P. Morgan Securities Services and FactSet have worked together to create a seamless integration of Accounting and Investment Book of Records alongside a comprehensive glob
NORWALK, Conn., Dec. 02, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Christopher McLoughlin as Executive Vice President, Chief Legal Officer (CLO), effective December 2, 2024. In this role, Chris will oversee FactSet's global legal, compliance, risk, government and regulatory affairs functions and report directly to Chief Executive Officer (CEO) Phil Snow. McLoughlin brings over 20 years of legal experience, 12 of which have been in the financial information and technology sectors. Chris most recently served as the General Counsel of S&P Global Market Intelligence. Befo
NORWALK, Conn., Nov. 21, 2024 (GLOBE NEWSWIRE) -- FactSet, a global financial digital platform and enterprise solutions provider, today announced its Intelligent Platform initiative, introducing the integration of conversational AI at the platform level. The Intelligent Platform will connect an enhanced FactSet Mercury, the company's conversational knowledge engine, to FactSet's AI-powered solutions through a global assistant. Clients across the buy- and sell-side can expect to experience elevated productivity and decision-making through streamlined workflows and enhanced discoverability. Key to the strength of the Intelligent Platform is FactSet Mercury's agentic orchestration, which pro
NORWALK, Conn., Nov. 20, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, announced today that it will release its financial and operating results for the first quarter fiscal 2025, ending November 30, 2024, on Thursday, December 19, 2024. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Thursday, December 19, 2024. The following information is provided for investors who would like to participate in the conference call: First Quarter Fiscal 2025 Conference Call Details DateThursday, December 19, 2024 Time:11:00 a.m. Eastern Time Participant Registration:FactSet
FactSet is Harnessing the Power of AI to Supercharge Financial Intelligence and Enhance Client Workflows Company Reaffirms Full-Year Fiscal 2025 Guidance; Announces New Medium-Term Outlook NORWALK, Conn., Nov. 14, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today will host an Investor Day to provide an in-depth look into the Company's strategic priorities and financial outlook, and also preview its new innovations and tailored workflow solutions. "Our clients' demand for connected, quality data to support financial decision-making has never been clearer," said Phil Snow, Chief Exe
Challenge invites final year Undergraduate Students to work together to manage a virtual portfolio Natixis Investment Managers (Natixis IM) is pleased to announce the launch of the fifth edition of The Students Challenge for the 2024/25 academic year. Registration is now open, inviting applications from business schools, engineering schools, and universities worldwide. Eligible participants must be in their final year of an undergraduate degree or currently pursuing a master's degree, with a strong interest in finance. The Students Challenge offers a unique opportunity for aspiring asset-management professionals. Participants are required to form teams of 4-6 members, which may include st
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Redburn Atlantic downgraded FactSet from Neutral to Sell and set a new price target of $380.00 from $420.00 previously
Evercore ISI initiated coverage of FactSet with a rating of In-line and set a new price target of $470.00
Wells Fargo initiated coverage of FactSet with a rating of Equal Weight and set a new price target of $435.00
BofA Securities downgraded FactSet from Neutral to Underperform and set a new price target of $407.00 from $500.00 previously
Wolfe Research initiated coverage of FactSet with a rating of Underperform and set a new price target of $430.00
Barclays downgraded FactSet from Overweight to Equal Weight and set a new price target of $460.00 from $480.00 previously
Deutsche Bank downgraded FactSet from Buy to Hold and set a new price target of $480.00 from $471.00 previously
RBC Capital Mkts downgraded FactSet from Outperform to Sector Perform and set a new price target of $464.00 from $500.00 previously
BofA Securities resumed coverage of FactSet with a rating of Neutral
BMO Capital Markets initiated coverage of FactSet with a rating of Market Perform and set a new price target of $424.00
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Q1 GAAP revenues of $568.7 million, up 4.9% from Q1 2024.Organic Q1 ASV of $2,258.8 million, up 4.5% year over year.Q1 GAAP operating margin of 33.6%, down approximately 120 bps year over year, and adjusted operating margin of 37.6%, consistent with the prior year.Q1 GAAP diluted EPS of $3.89, up 1.3% from the prior year, and adjusted diluted EPS of $4.37, up 6.1% year over year. NORWALK, Conn., Dec. 19, 2024 (GLOBE NEWSWIRE) -- FactSet ("FactSet" or the "Company") (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced results for its first quarter fiscal 2025 ended November 30, 2024. First Quarter Fiscal 2025 Highl
NORWALK, Conn., Nov. 20, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, announced today that it will release its financial and operating results for the first quarter fiscal 2025, ending November 30, 2024, on Thursday, December 19, 2024. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Thursday, December 19, 2024. The following information is provided for investors who would like to participate in the conference call: First Quarter Fiscal 2025 Conference Call Details DateThursday, December 19, 2024 Time:11:00 a.m. Eastern Time Participant Registration:FactSet
NORWALK, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.04 per share. The cash dividend will be paid on December 19, 2024, to holders of record of FactSet's common stock at the close of business on November 29, 2024. About FactSet FactSet (NYSE:FDS, NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 216,000 individual
Q4 GAAP revenues of $562.2 million, up 4.9% from Q4 2023.Organic Q4 ASV plus professional services of $2,272.8 million, up 4.8% year over year.Q4 GAAP operating margin of 22.7%, up approximately 110 bps year over year, and adjusted operating margin of 35.8%, up 240 bps from the prior year.Q4 GAAP diluted EPS of $2.32, up 38.1% from the prior year, and adjusted diluted EPS of $3.74, up 23.8% year over year.FactSet is providing fiscal 2025 guidance, with expected organic ASV growth of 4% - 6%, GAAP revenues in the range of $2,285 to $2,305 million, adjusted operating margin in the range of 36% - 37%, and adjusted diluted EPS in the range of $16.80 - $17.40. NORWALK, Conn., Sept. 19, 2024
NORWALK, Conn., Aug. 28, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, announced today that it will release its financial and operating results for the fourth quarter fiscal 2024, ending August 31, 2024, on Thursday, September 19, 2024. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Thursday, September 19, 2024. The following information is provided for investors who would like to participate in the conference call: Fourth Quarter Fiscal 2024 Conference Call Details Date:Thursday, September 19, 2024Time:11:00 a.m. Eastern TimeParticipant Registration:FactSet
NORWALK, Conn., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.04 per share. The cash dividend will be paid on September 19, 2024, to holders of record of FactSet's common stock at the close of business on August 30, 2024.About FactSet FactSet (NYSE:FDS, NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,000 global clients, including over 208,000 individual us
Q3 GAAP revenues of $552.7 million, up 4.3% from Q3 2023.Organic Q3 ASV plus professional services of $2,220.4 million, up 5.0% year over year.Q3 GAAP operating margin of 36.6%, up approximately 420 bps year over year, and adjusted operating margin of 39.4%, up 340 bps from the prior year.Q3 GAAP diluted EPS of $4.09, up 18.2% from the prior year, and adjusted diluted EPS of $4.37, up 15.3% year over year.Fiscal 2024 guidance updated. Expected organic ASV plus professional services growth of $85-$120 million (4-5.5%), GAAP revenues in the range of $2,180-$2,190 million, adjusted operating margin in the range of 37.0%-37.5%, and adjusted diluted EPS in the range of $16.00-$16.40. NORWALK, Co
NORWALK, Conn., May 28, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, announced today that it will release its financial and operating results for the third quarter fiscal 2024, ending May 31, 2024 on Friday, June 21, 2024. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Friday, June 21, 2024. The following information is provided for investors who would like to participate in the conference call: Third Quarter Fiscal 2024 Conference Call Details Date:Friday, June 21, 2024Time:11:00 a.m. Eastern TimeParticipant Registration:FactSet Q3 2024 Earnings Call Regist
NORWALK, Conn., May 06, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, announced today that Linda Huber, Chief Financial Officer of FactSet, will participate in a fireside chat at the Barclays Americas Select Franchise Conference at the Langham London in London, England on Tuesday, May 7, 2024. The following information is provided for investors who would like to participate in the conference call: Registration for Fireside Chat with Linda Huber Date:Tuesday, May 7, 2024Time:11:30 a.m. British Summer TimeParticipant Registration:FactSet | Barclays Americas Select Franchise Conference Fireside Chat Please r
NORWALK, Conn., May 02, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced that its Board of Directors approved a 6% increase in the regular quarterly cash dividend of $0.98 per share to $1.04 per share. The $0.06 per share increase marks the twenty-fifth consecutive year the Company has increased dividends on a stock split-adjusted basis, demonstrating its ongoing commitment to providing value to shareholders. The cash dividend will be paid on June 20, 2024, to holders of record of FactSet's common stock at the close of business on May 31, 2024. About FactSet FactSet (NYSE:FDS, NASDAQ:FDS) help
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NORWALK, Conn., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Barak Eilam to its Board of Directors. He will also serve on FactSet's Compensation and Talent Committee. Eilam brings nearly three decades of experience scaling enterprise software companies into global market leaders. He is serving as Chief Executive Officer (CEO) of NICE, a leading enterprise software company specializing in analytics and AI solutions, through the end of calendar year 2024. As CEO from 2014 to 2024, Eilam led the company through remarkable growth, tripling its revenue to nearly $3 bi
NORWALK, Conn., Dec. 02, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Christopher McLoughlin as Executive Vice President, Chief Legal Officer (CLO), effective December 2, 2024. In this role, Chris will oversee FactSet's global legal, compliance, risk, government and regulatory affairs functions and report directly to Chief Executive Officer (CEO) Phil Snow. McLoughlin brings over 20 years of legal experience, 12 of which have been in the financial information and technology sectors. Chris most recently served as the General Counsel of S&P Global Market Intelligence. Befo
NORWALK, Conn., Oct. 28, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced it has agreed to acquire Irwin, an investor relations and capital markets solution for innovative public companies and their advisors. The acquisition builds on a recent successful partnership that integrates Irwin's award-winning investor relations (IR) CRM with the FactSet Workstation to equip IR professionals with a unified solution to manage investor engagement, conduct research, and streamline corporate access on a single platform. "Now, more than ever, it's essential for corporate issuers and their IR teams to incre
Current FactSet Executive Goran Skoko to Take on Role of Chief Revenue Officer Company Reaffirms Full-Year Fiscal 2024 Guidance NORWALK, Conn., July 23, 2024 (GLOBE NEWSWIRE) -- FactSet ("FactSet" or the "Company") (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced that Helen Shan, a seasoned FactSet executive who currently serves as Executive Vice President and Chief Revenue Officer, has been appointed Chief Financial Officer, effective immediately. Shan succeeds Linda Huber, who is transitioning out of the Company. Shan brings extensive financial leadership experience and business expertise within FactSet, and is
NORWALK, Conn., March 20, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Laurie Hylton to its Board of Directors. Hylton also will serve on FactSet's Audit Committee. Hylton is a highly skilled and experienced senior finance executive with over 30 years of expertise in asset management and public accounting. Before retirement, she served as Chief Financial Officer as well as Chief Accounting Officer at Eaton Vance Corp., a leading global asset manager. At Eaton Vance, Hylton was a member of the Executive Management Committee and played a pivotal role in shaping the company's
NORWALK, Conn., Aug. 30, 2023 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, announced today that it has appointed Alexandra ("Ali") van Nes Senior Vice President, Investor Relations. She will replace Kendra Brown, who will now lead FactSet's Banking and Sell-Side Research business unit. "I want to thank Kendra for her excellent work," said Linda Huber, Chief Financial Officer, FactSet. "During her tenure, Kendra elevated our investor relations strategy. She also meaningfully increased engagement with shareholders and analysts, including fixed income investors as part of our inaugural debt offering. Her efforts
NORWALK, Conn., July 17, 2023 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, announced the appointment of Catrina Harding as Executive Vice President, Chief People Officer, effective July 17, 2023. In this role, she will oversee FactSet's global human resources organization and report directly to Chief Executive Officer (CEO) Phil Snow. Harding brings over 20 years of experience in senior human resources roles at major global companies, including U.S. Steel Corporation, General Electric Company, and Ford Motor Company. She most recently served as Chief Human Resources Officer at Gerson Lehrman Group (GLG), a fin
NORWALK, Conn., March 24, 2023 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Elisha Wiesel to its Board of Directors. Wiesel is a founding partner and the Chief Risk Officer of ClearAlpha Technologies, an emerging investment manager. Previously, Wiesel spent 25 years at Goldman Sachs, including 15 years as a partner, innovating in software, markets and risk management. He also served as Chief Risk Officer of the Securities Division for seven years and as Chief Information Officer for three years. Wiesel is chair of Entrio, an Israeli financial technolo
Business and operations leader will leverage his robust experience scaling financial services and technology companies as demand for cybersecurity software and services soars Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it has named William (Bill) Haney as CEO and appointed him to its board of directors. Today's CEO appointment represents the next step in Drawbridge's rapid expansion strategy as the company continues its growth to meet intense market demand for cybersecurity software and services for alternative asset managers. As part of this plan, Drawbridge Founder and Board of Directors' member Jason Elme
NORWALK, Conn., Aug. 10, 2022 (GLOBE NEWSWIRE) -- FactSet ("FactSet" or the "Company") (NYSE:FDS) (NASDAQ:FDS) today announced the appointment of Kate Stepp as Chief Technology Officer (CTO), effective September 1, 2022. Stepp will report directly to FactSet's CEO, Phil Snow. As a 14-year veteran of FactSet, Stepp brings her significant engineering, product, and organizational knowledge to the role of leading the Company's Technology organization and overseeing its digital transformation strategy. "The role of CTO and the Technology organization are critically important to the success of FactSet and our clients," said Snow. "Kate is an inspiring leader and collaborator. I am confident t