FactSet Research Systems (NYSE:FDS) Given New $280.00 Price Target at Deutsche Bank Aktiengesellschaft

FactSet Research Systems (NYSE:FDS) had its target price upped by investment analysts at Deutsche Bank Aktiengesellschaft from $275.00 to $280.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “hold” rating on the business services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 13.14% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. Wolfe Research upped their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research report on Wednesday. Wells Fargo & Company boosted their target price on FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Thursday. The Goldman Sachs Group cut FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. UBS Group dropped their price target on FactSet Research Systems from $380.00 to $340.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, BMO Capital Markets boosted their price objective on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have assigned a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $255.21.

FactSet Research Systems Price Performance

Shares of FDS traded up $1.93 during mid-day trading on Thursday, hitting $247.48. 106,599 shares of the company traded hands, compared to its average volume of 970,780. FactSet Research Systems has a one year low of $185.00 and a one year high of $453.41. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average of $230.97 and a 200 day moving average of $238.02. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 15.90, a PEG ratio of 1.92 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, topping the consensus estimate of $4.44 by $0.09. FactSet Research Systems had a net margin of 24.48% and a return on equity of 30.25%. The company had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same quarter in the previous year, the company earned $4.27 EPS. FactSet Research Systems’s revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, equities analysts expect that FactSet Research Systems will post 17.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FactSet Research Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CX Institutional lifted its holdings in shares of FactSet Research Systems by 75.7% during the 2nd quarter. CX Institutional now owns 239 shares of the business services provider’s stock worth $55,000 after acquiring an additional 103 shares during the period. Pacer Advisors Inc. lifted its stake in FactSet Research Systems by 8.5% during the first quarter. Pacer Advisors Inc. now owns 3,783 shares of the business services provider’s stock worth $821,000 after purchasing an additional 297 shares during the last quarter. Militia Capital Management LLC bought a new stake in shares of FactSet Research Systems during the 1st quarter worth $3,611,000. Regents of The University of California boosted its stake in shares of FactSet Research Systems by 118.2% in the 1st quarter. Regents of The University of California now owns 226,375 shares of the business services provider’s stock valued at $49,121,000 after purchasing an additional 122,611 shares in the last quarter. Finally, Summitry LLC bought a new stake in shares of FactSet Research Systems during the first quarter worth $228,000. 91.24% of the stock is owned by institutional investors and hedge funds.

More FactSet Research Systems News

Here are the key news stories impacting FactSet Research Systems this week:

• Positive Sentiment: FactSet delivered an earnings and revenue beat, with strong organic growth and ASV gains supporting the quarter. FactSet Research (FDS) Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management said AI demand is reshaping contracts and product use, and the company is seeing momentum from larger enterprise deals. FactSet Research Q3 Earnings Call Highlights AI Demand & ASV Gains
• Positive Sentiment: BMO Capital Markets raised its price target to $275 from $257, signaling more upside potential after the report. Benzinga
• Neutral Sentiment: Morgan Stanley also nudged its price target higher to $230 from $228, but maintained an equal weight view. Benzinga
• Negative Sentiment: Some coverage noted that margin pressure and relatively flat guidance may limit enthusiasm, even after the earnings beat. FactSet shares slip despite third-quarter earnings beat as outlook disappoints (FDS)

FactSet Research Systems Company Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.