FactSet Research Systems (NYSE:FDS) Given New $210.00 Price Target at Bank of America

FactSet Research Systems (NYSE:FDS) had its target price raised by analysts at Bank of America from $205.00 to $210.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “underperform” rating on the business services provider’s stock. Bank of America‘s price objective indicates a potential downside of 14.90% from the stock’s current price.

Several other analysts have also commented on FDS. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $240.00 price objective on shares of FactSet Research Systems in a report on Thursday. Wolfe Research lifted their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the company an “underperform” rating in a research note on Wednesday. BMO Capital Markets upped their price target on FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a research note on Thursday. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Wednesday, June 24th. Finally, Rothschild & Co Redburn lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target for the company. in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have given a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and an average target price of $256.29.

FactSet Research Systems Stock Up 0.5%

FDS stock traded up $1.23 on Thursday, reaching $246.78. 149,745 shares of the company traded hands, compared to its average volume of 971,058. FactSet Research Systems has a one year low of $185.00 and a one year high of $453.41. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.43 and a quick ratio of 1.43. The company has a market cap of $8.99 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 1.92 and a beta of 0.72. The firm has a fifty day simple moving average of $230.97 and a 200-day simple moving average of $238.02.

FactSet Research Systems (NYSE:FDS) last released its earnings results 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 return on equity of 30.25% and a net margin of 24.48%.The business had revenue of $622.92 million for the quarter, compared to the consensus estimate of $617.91 million. During the same period in the previous year, the company posted $4.27 earnings per share. The company’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. Research analysts anticipate that FactSet Research Systems will post 17.66 earnings per share for the current year.

Institutional Trading of FactSet Research Systems

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp lifted its position in FactSet Research Systems by 5.6% in the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after buying an additional 91 shares during the last quarter. Empowered Funds LLC increased its position in FactSet Research Systems by 27.6% during the first quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock valued at $442,000 after acquiring an additional 210 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of FactSet Research Systems by 188.2% in the first quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 64 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of FactSet Research Systems by 58.6% in the second quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 51 shares during the period. Finally, Cerity Partners LLC boosted its stake in shares of FactSet Research Systems by 15.6% during the 2nd quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock worth $2,347,000 after purchasing an additional 707 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Key FactSet Research Systems News

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

• Positive Sentiment: FactSet delivered an earnings and revenue beat, with strong organic growth and ASV gains supporting the quarter. FactSet Research (FDS) Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management said AI demand is reshaping contracts and product use, and the company is seeing momentum from larger enterprise deals. FactSet Research Q3 Earnings Call Highlights AI Demand & ASV Gains
• Positive Sentiment: BMO Capital Markets raised its price target to $275 from $257, signaling more upside potential after the report. Benzinga
• Neutral Sentiment: Morgan Stanley also nudged its price target higher to $230 from $228, but maintained an equal weight view. Benzinga
• Negative Sentiment: Some coverage noted that margin pressure and relatively flat guidance may limit enthusiasm, even after the earnings beat. FactSet shares slip despite third-quarter earnings beat as outlook disappoints (FDS)

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.