FactSet Research Systems (NYSE:FDS) Given New $250.00 Price Target at Barclays

FactSet Research Systems (NYSE:FDS) had its target price lifted by research analysts at Barclays from $216.00 to $250.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has an “underweight” rating on the business services provider’s stock. Barclays‘s price target suggests a potential downside of 15.02% from the company’s current price.

Several other brokerages have also recently commented on FDS. BMO Capital Markets upped their target price on shares of FactSet Research Systems from $257.00 to $275.00 and gave the company a “market perform” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada increased their target price on FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a research note on Thursday, August 27th. Jefferies Financial Group raised their target price on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Finally, Bank of America increased their price target on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, FactSet Research Systems presently has an average rating of “Reduce” and an average price target of $260.00.

FactSet Research Systems Stock Down 2.6%

Shares of NYSE FDS opened at $294.17 on Tuesday. FactSet Research Systems has a 1 year low of $185.00 and a 1 year high of $375.50. The firm’s 50-day moving average is $274.53 and its 200-day moving average is $240.95. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $10.46 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 1.82 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $617.91 million. During the same period in the previous year, the firm posted $4.27 earnings per share. FactSet Research Systems’s revenue for the quarter 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. Equities analysts expect that FactSet Research Systems will post 17.76 EPS for the current year.

Institutional Investors Weigh In On FactSet Research Systems

A number of hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its position in shares of FactSet Research Systems by 444,058.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock valued at $4,021,376,000 after purchasing an additional 13,854,613 shares during the period. California State Teachers Retirement System raised its holdings in FactSet Research Systems by 22,745.3% during the 2nd quarter. California State Teachers Retirement System now owns 9,725,942 shares of the business services provider’s stock worth $2,237,745,000 after buying an additional 9,683,369 shares during the period. Bamco Inc. NY bought a new position in FactSet Research Systems in the second quarter valued at approximately $966,533,000. BlackRock Inc. acquired a new position in shares of FactSet Research Systems in the second quarter valued at approximately $657,658,000. Finally, State Street Corp boosted its holdings in shares of FactSet Research Systems by 1.2% in the third quarter. State Street Corp now owns 1,961,231 shares of the business services provider’s stock valued at $561,873,000 after buying an additional 23,660 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

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.