FactSet Research Systems (NYSE:FDS – Get Free Report) had its price target increased by stock analysts at Stifel Nicolaus from $254.00 to $292.00 in a report released on Thursday, Benzinga reports. The firm presently has a “hold” rating on the business services provider’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 7.76% from the company’s current price.
Several other brokerages have also weighed in on FDS. Bank of America increased their target price on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Barclays boosted their price objective on FactSet Research Systems from $216.00 to $250.00 and gave the stock an “underweight” rating in a research report on Tuesday, September 8th. Morgan Stanley lifted their price objective on shares of FactSet Research Systems from $230.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, September 10th. Jefferies Financial Group boosted their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings upgraded shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, FactSet Research Systems has an average rating of “Reduce” and a consensus price target of $267.93.
View Our Latest Research Report on FactSet Research Systems
FactSet Research Systems Price Performance
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its earnings results on Wednesday, September 30th. The business services provider reported $4.52 EPS for the quarter, beating the consensus estimate of $4.35 by $0.17. The company had revenue of $634.70 million during the quarter, compared to analyst estimates of $629.83 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 6.3% compared to the same quarter last year. During the same period in the prior year, the company earned $4.05 earnings per share. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, sell-side analysts expect that FactSet Research Systems will post 17.77 earnings per share for the current year.
Hedge Funds Weigh In On FactSet Research Systems
Hedge funds have recently made changes to their positions in the business. Bamco Inc. NY acquired a new position in FactSet Research Systems in the second quarter worth approximately $966,533,000. Benjamin Edwards Inc. increased its holdings in shares of FactSet Research Systems by 142.8% in the second quarter. Benjamin Edwards Inc. now owns 3,324 shares of the business services provider’s stock valued at $765,000 after buying an additional 1,955 shares in the last quarter. Regents of The University of California lifted its position in shares of FactSet Research Systems by 118.2% during 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 acquiring an additional 122,611 shares during the last quarter. Deane Retirement Strategies Inc. acquired a new stake in shares of FactSet Research Systems during the 2nd quarter valued at $3,760,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of FactSet Research Systems by 82.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 38,193 shares of the business services provider’s stock worth $8,288,000 after acquiring an additional 17,296 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.
Key Stories Impacting FactSet Research Systems
Here are the key news stories impacting FactSet Research Systems this week:
- Positive Sentiment: FactSet reported fourth-quarter adjusted earnings of $4.52 per share, exceeding the $4.35 analyst consensus, while revenue rose 6.3% year over year to $634.7 million, above the $629.8 million estimate. EPS increased from $4.05 a year earlier. FactSet Reports Fiscal 2026 Results
- Positive Sentiment: Organic annual subscription value growth reached 7% in fiscal 2026, supported by commercial execution and momentum in artificial-intelligence solutions. Management also expects fiscal 2027 organic ASV growth of approximately 5% to 6.5% and 25 to 75 basis points of margin improvement. FactSet Fiscal 2027 Growth Outlook
- Neutral Sentiment: Fiscal 2027 revenue guidance is approximately $2.6 billion, in line with consensus expectations, indicating continued growth but limited near-term upside relative to forecasts.
- Negative Sentiment: FactSet forecast fiscal 2027 EPS of $19.25 to $19.65, below the analyst consensus of $19.75. The outlook appears to have disappointed investors even though the quarter itself exceeded estimates, contributing to the stock’s decline. FactSet Shares Fall on Fiscal 2027 Guidance
About FactSet Research Systems
FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.
The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.
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