FactSet Research Systems (FDS) News & Sentiment

NORWALK, Conn., March 10, 2025 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS) (NASDAQ: FDS), a worldwide provider of financial digital platforms and enterprise solutions, has announced a change in the timing of its previously planned earnings conference call for the second quarter of fiscal 2025.

NORWALK, Conn., March 04, 2025 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a worldwide financial digital platform and provider of enterprise solutions, has announced that it is acquiring TableTop Data, Inc. (“LogoIntern”). This workflow tool is popular among junior bankers for making the challenging job of adding, organizing, and formatting logos in pitch decks easier.

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FactSet has announced that it will acquire LiquidityBook for $246.5 million in cash. This acquisition aims to enhance the integration of workflows in the front office, improving the management of the entire portfolio life cycle with advanced order management and investment book of record capabilities. The announcement was made on February 10, 2025, in Norwalk, Connecticut.

The growing need for solutions that reduce risks, cut costs, and boost productivity is expected to benefit the Zacks Business - Information Services sector. Companies like SPGI, VRSK, and FDS are in a strong position to take advantage of this increase in demand.

NORWALK, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- FactSet, a worldwide financial digital platform and provider of enterprise solutions, has introduced Pitch Creator. This innovative solution, powered by GenAI, aims to transform how investment banks create pitchbooks.

FactSet excels by making strong, technology-driven decisions. Their dedication to sustainability is impressive.

FactSet has a strong client retention rate and various sources of income, which makes it a good investment, even though it is highly valued. The recent introduction of new products, like GenAI solutions and IRN 2.0, improves FactSet's position in the market and its potential for growth. Additionally, FactSet's brand and distribution channels give it a competitive edge, helping to justify its high valuation and long-term financial growth.

We are raising FDS's rating from buy to strong buy because we are more confident in its potential for earnings per share growth, thanks to encouraging information from Investor Day. FDS's approach to data management allows for quick development of GenAI products, which improves customer workflows and boosts organic ASV growth among wealth, dealmaker, and buy-side clients. The updated enterprise sales strategy and new pricing models are anticipated to lead to increased ASV growth and more stable revenue.