FactSet Research Systems (NYSE:FDS – Get Free Report) had its price target upped by equities research analysts at UBS Group from $340.00 to $375.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the business services provider’s stock. UBS Group‘s price objective would indicate a potential upside of 12.21% from the company’s current price.
Several other research firms also recently issued reports on FDS. Wells Fargo & Company boosted their price objective on shares of FactSet Research Systems from $250.00 to $290.00 and gave the stock an “underweight” rating in a research note on Thursday, November 5th. Barclays raised their target price on shares of FactSet Research Systems from $250.00 to $305.00 and gave the company an “underweight” rating in a research note on Friday, November 6th. Morgan Stanley lifted their target price on shares of FactSet Research Systems from $300.00 to $321.00 and gave the company an “equal weight” rating in a report on Wednesday. Deutsche Bank upped their price target on shares of FactSet Research Systems from $280.00 to $299.00 and gave the stock a “hold” rating in a research report on Friday, September 11th. Finally, Weiss Ratings upgraded FactSet Research Systems from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Reduce” and an average target price of $284.93.
Check Out Our Latest Research Report on FactSet Research Systems
FactSet Research Systems Trading Up 2.5%
Shares of FactSet Research Systems stock traded up $8.21 during trading hours on Wednesday, reaching $334.19. The stock had a trading volume of 542,766 shares, compared to its average volume of 918,886. The firm has a market capitalization of $11.78 billion, a price-to-earnings ratio of 22.95, a P/E/G ratio of 1.83 and a beta of 0.69. FactSet Research Systems has a 1 year low of $185.00 and a 1 year high of $348.00. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.43. The firm has a 50 day simple moving average of $296.81 and a two-hundred day simple moving average of $252.63.
FactSet Research Systems (NYSE:FDS – Get Free Report) last issued its earnings results on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.35 by $0.17. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business had revenue of $634.70 million during the quarter, compared to analysts’ expectations of $629.83 million. During the same quarter in the previous year, the business earned $4.05 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, equities research analysts anticipate that FactSet Research Systems will post 19.63 earnings per share for the current year.
Institutional Trading of FactSet Research Systems
A number of hedge funds have recently made changes to their positions in FDS. Bamco Inc. NY acquired a new stake in FactSet Research Systems during the 2nd quarter valued at $966,533,000. BlackRock Inc. acquired a new position in FactSet Research Systems in the 2nd quarter worth $657,658,000. Bank of America Corp DE lifted its holdings in FactSet Research Systems by 33.6% in the 1st quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider’s stock worth $182,861,000 after buying an additional 212,022 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in FactSet Research Systems by 123.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 377,926 shares of the business services provider’s stock valued at $82,006,000 after buying an additional 208,824 shares during the last quarter. Finally, Boston Trust Walden Corp boosted its position in FactSet Research Systems by 27.1% in the 3rd quarter. Boston Trust Walden Corp now owns 308,252 shares of the business services provider’s stock valued at $83,213,000 after buying an additional 65,803 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.
FactSet Research Systems News Summary
Investors following FDS have been watching these news items:
- Positive Sentiment: FactSet partnered with Carbon Arc to add governed access to more than 60 alternative-data providers and 500 data assets to its Workstation and AI ecosystem, potentially broadening its product offering. Read the partnership announcement
- Neutral Sentiment: At its Investor Day, FactSet reaffirmed its fiscal 2027 outlook and outlined its strategy and medium-term plans through fiscal 2029. Read the Investor Day announcement
- Negative Sentiment: Morgan Stanley raised its price target from $300 to $321 but maintained an “equal weight” rating; Stifel lifted its target from $292 to $325 and kept a “hold” rating. Both targets remain below the cited share price, suggesting limited perceived upside. Morgan Stanley rating information Stifel rating information
About FactSet Research Systems
FactSet Research Systems provides financial data, analytics, and workflow technology to investment professionals and businesses. Its platform brings together market and company data, research, and analytical tools to help clients evaluate investments, manage portfolios, and support financial decision-making. The company offers subscription-based products and services, including its workstation, data feeds, application programming interfaces, and portfolio analytics. Its clients include investment managers, investment banks, wealth managers, private equity firms, and corporations.
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