FactSet Research Systems Inc. (FDS)

Over the past six months, FactSet's stock price has underperformed the S&P 500 Index by -13.19%. As of June 13, 2025, the share price was $419.90, an increase of 3.24% from June 17, 2024. The stock price has seen fluctuations, with a -5.80% fall over the last month but a 7.31% increase over the last year. Key events impacting FactSet's stock price include the Q2 and Q3 Fiscal 2025 Earnings Reports, analyst rating changes from Raymond James and Wells Fargo, and the company's generative AI initiatives.

FactSet's business model is characterized by high recurring revenue due to its subscription-based services, leading to predictable revenue streams. While the company benefits from high client retention rates, there can be some seasonal patterns influenced by client budget cycles or broader economic sentiment. Historically, FactSet's organic revenue growth has shown slight deceleration in certain quarters, which can be in line with historical seasonal patterns. The company's Annual Subscription Value (ASV) growth is driven by enterprise deals and renewals, which can have their own timing.

FactSet Research Systems Inc. is an American financial data and software company headquartered in Norwalk, Connecticut. It operates as a global financial digital platform and enterprise solutions provider, offering data, analytics, and technology to the global investment community. FactSet provides integrated financial information and analytical applications to investment professionals, enabling them to analyze markets, portfolios, and individual securities. FactSet operates within the financial information and analytics industry and the broader Technology sector. FactSet's major products and services support various financial workflows, including investment research, portfolio management, trading, and wealth management. The company serves a diverse clientele, including investment managers, investment bankers, private equity firms, hedge funds, corporate treasurers, wealth advisors, and other financial entities. The company's business model is largely subscription-based, characterized by high recurring revenue and strong client retention.

FactSet Research Systems Inc. has a significant global presence, with 37 offices in 20 countries as of August 31, 2024. The company's operations are segmented into three main geographical regions: Americas, EMEA (Europe, Middle East, and Africa), and Asia Pacific. The Americas segment accounted for 64% of total revenues in fiscal year 2023 and 64.4% in fiscal year 2024. The EMEA segment contributed 26% of total revenues in fiscal year 2024. The Asia Pacific segment accounted for 10% of total revenues in fiscal year 2024. FactSet has been expanding its global footprint through acquisitions and investments in centers of excellence in India and the Philippines.

FactSet has a strong brand reputation for quality and reliability in financial data and analytics, globally recognized among investment professionals. The company bolstered its brand through the "Not Just the Facts" campaign, focusing on contextualizing data through technology, analytics, and support. FactSet's innovation in generative AI has positively impacted its reputation as a forward-thinking technology provider. Sustainability efforts, including recognition in Newsweek's America's Greenest Companies 2024 and a silver medal from EcoVadis, contribute positively to its brand image. The company faces inherent risks related to data loss, cybersecurity threats, and potential biases in AI applications, which could adversely affect its business and reputation.

FactSet Research Systems Inc. has significant institutional ownership, with 1,521 institutional owners and shareholders holding approximately 93.68% of the company as of March 31, 2025. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Bamco Inc /Ny/. Individual ownership is relatively small, at 0.22%. The largest individual shareholder is Nancy E. Blair, owning 5.40 million shares, representing 14.23% of the company. Charles J. Snyder is another notable individual insider owner.