Barclays Forecasts Strong Price Appreciation for FactSet Research Systems (NYSE:FDS) Stock

FactSet Research Systems (NYSE:FDSGet Free Report) had its target price boosted by research analysts at Barclays from $210.00 to $216.00 in a report released on Monday,Benzinga reports. The firm currently has an “underweight” rating on the business services provider’s stock. Barclays‘s price objective points to a potential downside of 13.79% from the stock’s previous close.

FDS has been the topic of several other reports. Wolfe Research raised their price objective on FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research note on Wednesday. Morgan Stanley boosted their target price on FactSet Research Systems from $228.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday. Wells Fargo & Company increased their target price on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft raised their price target on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday. Finally, BMO Capital Markets upped their price objective on shares of FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $253.00.

Check Out Our Latest Report on FactSet Research Systems

FactSet Research Systems Stock Up 0.2%

Shares of FDS opened at $250.55 on Monday. FactSet Research Systems has a one year low of $185.00 and a one year high of $453.41. The company has a market cap of $8.91 billion, a P/E ratio of 16.51, a P/E/G ratio of 2.08 and a beta of 0.72. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a 50 day simple moving average of $231.33 and a two-hundred day simple moving average of $237.44.

FactSet Research Systems (NYSE:FDSGet Free Report) last issued its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The firm had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. During the same quarter last year, the business posted $4.27 EPS. The company’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. Research analysts forecast that FactSet Research Systems will post 17.72 EPS for the current fiscal year.

Institutional Trading of FactSet Research Systems

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mattern Capital Management LLC lifted its holdings in FactSet Research Systems by 48.8% during the 4th quarter. Mattern Capital Management LLC now owns 30,391 shares of the business services provider’s stock worth $8,819,000 after buying an additional 9,971 shares during the period. Element Squared LLC bought a new position in shares of FactSet Research Systems during the fourth quarter worth about $2,376,000. Ticino Wealth bought a new position in shares of FactSet Research Systems during the fourth quarter worth about $1,946,000. Argo Wealth Advisory LLC acquired a new position in shares of FactSet Research Systems in the fourth quarter worth approximately $1,622,000. Finally, Investment House LLC boosted its holdings in FactSet Research Systems by 311.5% in the fourth quarter. Investment House LLC now owns 42,393 shares of the business services provider’s stock valued at $12,302,000 after acquiring an additional 32,092 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Company Profile

(Get Free Report)

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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