FactSet Research Systems (NYSE:FDS) Price Target Lowered to $217.00 at The Goldman Sachs Group

FactSet Research Systems (NYSE:FDS) had its target price reduced by The Goldman Sachs Group from $253.00 to $217.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a sell rating on the business services provider’s stock.

FDS has been the topic of several other reports. Raymond James Financial restated a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. Stifel Nicolaus lowered their price objective on shares of FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating for the company in a research report on Friday, December 19th. Bank of America began coverage on shares of FactSet Research Systems in a report on Tuesday, February 17th. They set an “underperform” rating and a $195.00 price objective on the stock. Morgan Stanley set a $307.00 price objective on shares of FactSet Research Systems and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Finally, UBS Group reduced their target price on shares of FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $279.85.

FactSet Research Systems Stock Up 3.7%

Shares of FactSet Research Systems stock opened at $224.92 on Wednesday. FactSet Research Systems has a 1 year low of $185.00 and a 1 year high of $474.79. The business has a 50-day moving average of $217.92 and a two-hundred day moving average of $261.64. The company has a market capitalization of $8.34 billion, a P/E ratio of 14.46, a price-to-earnings-growth ratio of 2.21 and a beta of 0.73. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.43 and a quick ratio of 1.54.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, March 31st. The business services provider reported $4.46 earnings per share for the quarter, beating the consensus estimate of $4.37 by $0.09. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The business had revenue of $611.02 million for the quarter, compared to analysts’ expectations of $604.78 million. During the same quarter in the previous year, the business posted $4.28 EPS. FactSet Research Systems’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, equities analysts predict that FactSet Research Systems will post 17.21 EPS for the current year.

FactSet Research Systems declared that its Board of Directors has authorized a stock repurchase program on Thursday, December 18th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the business services provider to purchase up to 5.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its shares are undervalued.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 27th were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, February 27th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 27.99%.

Insiders Place Their Bets

In other news, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total value of $761,955.00. Following the sale, the director owned 1,037 shares of the company’s stock, valued at $307,211.25. The trade was a 71.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Malcolm Frank sold 2,572 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $295.70, for a total transaction of $760,540.40. Following the transaction, the director owned 879 shares of the company’s stock, valued at $259,920.30. The trade was a 74.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On FactSet Research Systems

A number of large investors have recently modified their holdings of FDS. Rockefeller Capital Management L.P. grew its holdings in shares of FactSet Research Systems by 683.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 33,094 shares of the business services provider’s stock valued at $9,604,000 after acquiring an additional 28,872 shares in the last quarter. Corient Private Wealth LLC raised its holdings in FactSet Research Systems by 52.1% during the fourth quarter. Corient Private Wealth LLC now owns 6,367 shares of the business services provider’s stock worth $1,848,000 after acquiring an additional 2,180 shares in the last quarter. Midway Capital Research & Management acquired a new position in FactSet Research Systems during the fourth quarter valued at approximately $304,000. Tobam acquired a new position in FactSet Research Systems during the fourth quarter valued at approximately $819,000. Finally, BDFS Capital LLC bought a new position in FactSet Research Systems in the fourth quarter valued at approximately $492,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems News Roundup

Here are the key news stories impacting FactSet Research Systems this week:

• Positive Sentiment: Q2 results: FactSet reported beat-sized non-GAAP results (EPS $4.46 vs consensus $4.37) and revenue of $611M (up 7.1% Y/Y), with management providing supporting materials (press release/slide deck). This earnings beat and steady organic ASV growth are the primary catalysts lifting the stock. Read More.
• Positive Sentiment: Valuation/rebound commentary: Several pieces argue FactSet’s valuation looks attractive after a multiyear share decline and that fundamentals could support a rebound, which likely boosted buyer interest. Read More.
• Neutral Sentiment: Analyst nuance: UBS cut its price target from $425 to $380 but kept a “buy” rating — signaling continued conviction in longer-term upside despite lowering near-term expectations. Read More.
• Neutral Sentiment: Earnings call / transcripts show mixed details (some GAAP vs non‑GAAP nuances and line-item commentary) that investors are parsing for forward guidance and contract trends. Conference call transcripts and slide deck provide deeper context. Read More.
• Negative Sentiment: Goldman Sachs lowered its price target to $217 and moved to a “sell” rating, signaling short-term downside risk and adding selling pressure among institutional holders. Read More.
• Negative Sentiment: Wells Fargo raised its PT slightly to $200 but retained an “underweight” stance, reinforcing cautious sentiment from some sell-side desks and limiting upside momentum. Read More.

FactSet Research Systems Company Profile

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.