FactSet Research Systems Inc. (FDS)

In the past six months, FactSet's stock experienced several notable events, including beating earnings estimates in Q2 2026 and updating its FY 2026 earnings guidance. The company announced a quarterly dividend of $1.10 per share. FactSet's shares fell 4.2% on April 9, 2026. Analyst ratings in December 2025 included BMO Capital Markets cutting their price objective, Huber Research raising their rating, and Morgan Stanley setting a target price.

FactSet primarily generates revenue through a subscription-based model, leading to a stable and recurring income stream with relatively low demand seasonality. The company's ASV consistently shows growth, implying a predictable revenue pattern throughout the year. One analysis noted that FactSet's seasonality going into April shows a 50% chance of a "green month" based on past performance.

FactSet Research Systems, Inc. is a global provider of integrated financial data and analytical applications, offering a unified platform with real-time and historical market data, company fundamentals, and proprietary analytics. Its major products include the FactSet Workstation, APIs and data feeds, and cloud-based solutions, serving a diverse client base across the investment lifecycle. Buy-side clients account for over 80% of FactSet's annual subscription value.

FactSet has a significant global presence with 35 offices across 20 countries, with headquarters in Norwalk, Connecticut, and international headquarters in London and Singapore. The company's operations are segmented into the Americas, EMEA, and Asia Pacific.

In the past year, FactSet has demonstrated a positive brand reputation through client satisfaction and technological advancements. The company's Net Promoter Score improved, contributing to high ASV retention rates. FactSet is integrating AI into its solutions and has partnered with Finster AI. FactSet has also integrated advanced AI financial crime risk management tools into its Workstation for corporate banks.

FactSet's ownership is heavily dominated by institutional investors, who collectively held approximately 134.0% of the company's outstanding shares as of December 2025. Major institutional owners include Northwestern Mutual Wealth Management Co., Vanguard Group Inc., and BlackRock, Inc. Nancy E. Blair is a significant individual shareholder. Top insider shareholders include Sanoke Viswanathan, Christopher R Ellis, and Frederick Philip Snow.