Barclays Raises FactSet Research Systems (NYSE:FDS) Price Target to $216.00

FactSet Research Systems (NYSE:FDS) had its price objective boosted by Barclays from $210.00 to $216.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “underweight” rating on the business services provider’s stock. Barclays‘s target price indicates a potential downside of 13.79% from the stock’s current price.

Several other research firms have also commented on FDS. Morgan Stanley increased their price objective on shares of FactSet Research Systems from $228.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday. Wolfe Research upped their target price on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a report on Wednesday. Jefferies Financial Group increased their price target on FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft boosted their price objective on FactSet Research Systems from $275.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday. Finally, Bank of America upped their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and an average target price of $253.00.

FactSet Research Systems Trading Up 0.2%

Shares of FactSet Research Systems stock opened at $250.55 on Monday. The company has a market capitalization of $8.91 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 2.08 and a beta of 0.72. The stock has a fifty day simple moving average of $231.33 and a 200 day simple moving average of $237.44. FactSet Research Systems has a 12-month low of $185.00 and a 12-month high of $453.41. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.44 by $0.09. The business had revenue of $622.92 million for the quarter, compared to analysts’ expectations of $617.91 million. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The business’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the business earned $4.27 EPS. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, sell-side analysts anticipate that FactSet Research Systems will post 17.72 earnings per share for the current fiscal year.

Institutional Investors Weigh In On FactSet Research Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in FDS. Cromwell Holdings LLC bought a new position in FactSet Research Systems during the 4th quarter worth $26,000. WPG Advisers LLC grew its holdings in shares of FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after purchasing an additional 64 shares in the last quarter. Field & Main Bank bought a new position in shares of FactSet Research Systems in the fourth quarter worth $29,000. Finally, BOKF NA increased its position in shares of 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 during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

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.