STOCK TITAN

Factset Resh Sys Inc Stock Price, News & Analysis

FDS NYSE

Welcome to our dedicated page for Factset Resh Sys news (Ticker: FDS), a resource for investors and traders seeking the latest updates and insights on Factset Resh Sys stock.

FactSet Research Systems Inc (FDS) delivers critical financial data and analytics solutions to institutional investors worldwide. This dedicated news hub provides authorized updates on corporate developments, strategic initiatives, and technological advancements shaping the company’s trajectory.

Access real-time press releases covering quarterly earnings, product innovations, and strategic partnerships. Investors gain a centralized resource for monitoring FactSet’s AI-driven research tools, acquisition activity, and leadership updates that influence financial markets.

Our curated news collection serves portfolio managers, analysts, and financial institutions requiring timely insights into FactSet’s market position. Bookmark this page for continuous access to verified updates on workflow automation enhancements, client service expansions, and regulatory developments affecting financial data services.

News
Rhea-AI Summary

FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, has announced a regular quarterly cash dividend of $1.04 per share. The dividend will be paid on September 19, 2024, to shareholders of record at the close of business on August 30, 2024. This announcement demonstrates FactSet's commitment to returning value to its shareholders and reflects the company's financial stability. The consistent dividend payout suggests confidence in FactSet's ongoing financial performance and cash flow generation capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.07%
Tags
dividends
-
Rhea-AI Summary

FactSet (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform provider, has announced significant leadership changes. Helen Shan, currently Executive VP and Chief Revenue Officer, has been appointed Chief Financial Officer, effective immediately. Shan, who previously served as CFO from 2018 to 2021, succeeds Linda Huber. During her previous CFO tenure, Shan executed successful financial strategies, expanded FactSet's solutions, and drove increased margins and earnings.

Goran Skoko, currently Executive VP, Managing Director of EMEA and Asia Pacific, will become the new Chief Revenue Officer, effective September 1, 2024. Skoko brings two decades of sales, product, and engineering experience at FactSet. The company has reaffirmed its full-year fiscal 2024 guidance, as previously provided on June 21, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.05%
Tags
management
-
Rhea-AI Summary

FactSet reported its Q3 2024 results, showing a 4.3% increase in GAAP revenues to $552.7 million compared to Q3 2023. Organic ASV plus professional services grew by 5.0% year over year to $2,220.4 million. The GAAP operating margin improved to 36.6%, up 420 basis points, while the adjusted operating margin rose to 39.4%, a 340 basis point increase from the previous year. GAAP diluted EPS increased by 18.2% to $4.09 and adjusted diluted EPS by 15.3% to $4.37.

The company updated its fiscal 2024 guidance, expecting organic ASV plus professional services growth of $85-$120 million, GAAP revenues between $2,180 and $2,190 million, an adjusted operating margin of 37.0%-37.5%, and adjusted diluted EPS of $16.00-$16.40.

Key financial measures include a 17.7% increase in operating income to $202.5 million, a 17.4% rise in net income to $158.1 million, and a 16.9% increase in adjusted EBITDA to $239.9 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
Tags
Rhea-AI Summary

Aidentified has announced a $12.5 million Series B funding round led by FactSet, a renowned provider of financial data and analytics. The AI-powered prospecting and relationship intelligence platform aims to leverage this investment to enhance its technology and expand its workforce. Aidentified serves professionals in financial services, providing tools to identify, qualify, and convert new clients. With a vast dataset mapping billions of connections, Aidentified's platform enables strategic prospecting powered by AI. The funding will support continued growth and client adoption, as highlighted by executives from both Aidentified and FactSet.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
none
-
Rhea-AI Summary

FactSet (NYSE: FDS | NASDAQ: FDS) will announce its Q3 2024 financial and operating results on June 21, 2024. The results cover the fiscal period ending May 31, 2024. A conference call to discuss these results will be held at 11:00 a.m. Eastern Time on the same day. Investors can register for the call using the provided link, which will give them dial-in numbers and a unique access pin. The call will include a live Q&A session, and presentation slides will be available on FactSet's investor relations website 30 minutes prior to the call. A replay of the call will be available from 1:00 p.m. Eastern Time on June 21, 2024, through June 21, 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
-
Rhea-AI Summary

FactSet announced that Linda Huber, CFO, will participate in a fireside chat at the Barclays Americas Select Franchise Conference in London. Investors can register for the event and access a replay on FactSet's investor relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
Tags
none
News
Rhea-AI Summary

FactSet, a global financial digital platform and enterprise solutions provider, announced a 6% increase in its regular quarterly cash dividend from $0.98 to $1.04 per share. This marks the twenty-fifth consecutive year of dividend increases, showcasing the company's dedication to shareholder value. The dividend will be paid on June 20, 2024, to shareholders of record as of May 31, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
dividends
-
Rhea-AI Summary

FactSet introduces Portfolio Commentary, an AI-powered solution enhancing performance attribution analysis for buy-side and wealth management professionals. It provides deep insights into relative performance, key company drivers, direct source-linking, and streamlined stakeholder communication, significantly improving efficiency and decision-making.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
Tags
AI
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.63%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
management

FAQ

What is the current stock price of Factset Resh Sys (FDS)?

The current stock price of Factset Resh Sys (FDS) is $425.04 as of June 18, 2025.

What is the market cap of Factset Resh Sys (FDS)?

The market cap of Factset Resh Sys (FDS) is approximately 16.2B.
Factset Resh Sys Inc

NYSE:FDS

FDS Rankings

FDS Stock Data

16.15B
37.85M
0.24%
96.79%
4.29%
Financial Data & Stock Exchanges
Services-computer Programming, Data Processing, Etc.
Link
United States
NORWALK