FactSet Research Systems (NYSE:FDS – Get Free Report) had its target price lifted by analysts at BMO Capital Markets from $257.00 to $275.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “market perform” rating on the business services provider’s stock. BMO Capital Markets’ target price points to a potential upside of 12.42% from the company’s current price.
Several other brokerages have also issued reports on FDS. Wells Fargo & Company set a $210.00 target price on FactSet Research Systems and gave the company an “underweight” rating in a research report on Thursday. Wolfe Research set a $240.00 price target on FactSet Research Systems in a report on Wednesday. Rothschild & Co Redburn lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target for the company. in a research note on Thursday, June 18th. UBS Group dropped their price objective on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $256.38.
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FactSet Research Systems Price Performance
FactSet Research Systems (NYSE:FDS – Get Free Report) last issued its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $617.91 million. During the same period in the prior year, the firm posted $4.27 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. As a group, equities research analysts forecast that FactSet Research Systems will post 17.66 EPS for the current year.
Hedge Funds Weigh In On FactSet Research Systems
A number of hedge funds have recently added to or reduced their stakes in the stock. Cromwell Holdings LLC purchased a new position in shares of FactSet Research Systems during the fourth quarter worth approximately $26,000. WPG Advisers LLC boosted its holdings in shares of FactSet Research Systems by 76.9% in the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 40 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares during the period. Field & Main Bank bought a new position in FactSet Research Systems in the fourth quarter worth approximately $29,000. Finally, BOKF NA grew its stake in FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors.
Key Stories Impacting FactSet Research Systems
Here are the key news stories impacting FactSet Research Systems this week:
- Positive Sentiment: FactSet reported Q3 EPS of $4.53 versus consensus of $4.44 and revenue of $622.9 million versus $617.9 million expected, showing solid organic demand and continued ASV growth. Article link
- Positive Sentiment: The company said it is tracking toward the high end of its FY2026 revenue and EPS guidance ranges, which suggests management is confident in second-half execution. Article link
- Positive Sentiment: FactSet is deepening its AI push through a strategic partnership with Google Cloud, which could support future product differentiation and growth. Article link
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.
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