FactSet Research Systems (NYSE:FDS) Rating Increased to Outperform at William Blair

FactSet Research Systems (NYSE:FDS) was upgraded by analysts at William Blair from a “market perform” rating to an “outperform” rating in a report issued on Tuesday, Marketbeat Ratings reports.

Several other equities research analysts have also weighed in on the company. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. Bank of America raised their price objective on FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. Wolfe Research boosted their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a report on Wednesday, July 1st. Jefferies Financial Group upped their target price 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 raised shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $257.57.

FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $301.41 on Tuesday. FactSet Research Systems has a 1 year low of $185.00 and a 1 year high of $377.07. The stock has a market capitalization of $10.72 billion, a P/E ratio of 19.86, a P/E/G ratio of 1.82 and a beta of 0.71. The company’s 50-day moving average is $274.53 and its 200 day moving average is $240.95. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data 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 23.21% and a return on equity of 30.68%. The business had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same period last year, the business posted $4.27 earnings per share. FactSet Research Systems’s quarterly 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. On average, sell-side analysts expect that FactSet Research Systems will post 17.76 earnings per share for the current year.

Hedge Funds Weigh In On FactSet Research Systems

Several institutional investors and hedge funds have recently modified their holdings of FDS. BOKF NA increased its stake in FactSet Research Systems by 5,100.0% during the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 102 shares in the last quarter. Navalign LLC purchased a new stake in shares of FactSet Research Systems during the fourth quarter valued at approximately $32,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of FactSet Research Systems during the fourth quarter valued at approximately $32,000. Elyxium Wealth LLC bought a new stake in shares of FactSet Research Systems during the fourth quarter valued at approximately $35,000. Finally, Parkside Financial Bank & Trust raised its holdings in FactSet Research Systems by 31.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock worth $42,000 after acquiring an additional 43 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

About FactSet Research Systems

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.