FactSet Research Systems (NYSE:FDS) Given New $292.00 Price Target at Stifel Nicolaus

FactSet Research Systems (NYSE:FDS) had its price target upped by equities research analysts at Stifel Nicolaus from $254.00 to $292.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “hold” rating on the business services provider’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 7.76% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Bank of America boosted their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Wolfe Research raised their price objective 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, July 1st. Morgan Stanley upped their target price on shares of FactSet Research Systems from $230.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of FactSet Research Systems from $280.00 to $299.00 and gave the company a “hold” rating in a research report on Friday, September 11th. Finally, Rothschild & Co Redburn cut FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a report on Thursday, June 18th. One research 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $267.93.

FactSet Research Systems Stock Up 4.2%

Shares of NYSE:FDS opened at $270.97 on Thursday. FactSet Research Systems has a fifty-two week low of $185.00 and a fifty-two week high of $320.48. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.44. The firm’s 50-day simple moving average is $282.70 and its 200-day simple moving average is $248.59. The company has a market cap of $9.64 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 1.49 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $0.17. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The firm had revenue of $634.70 million during the quarter, compared to the consensus estimate of $629.83 million. During the same quarter last year, the firm earned $4.05 earnings per share. The firm’s revenue was up 6.3% compared to the same quarter last year. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS. As a group, equities research analysts predict that FactSet Research Systems will post 17.77 earnings per share for the current year.

Institutional Investors Weigh In On FactSet Research Systems

A number of hedge funds have recently bought and sold shares of the business. Bamco Inc. NY bought a new stake in shares of FactSet Research Systems in the second quarter worth $966,533,000. BlackRock Inc. acquired a new stake in shares of FactSet Research Systems in the 2nd quarter valued at about $657,658,000. Bank of America Corp DE lifted its position in shares of FactSet Research Systems by 33.6% during the first quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider’s stock worth $182,861,000 after purchasing an additional 212,022 shares during the last quarter. Norges Bank bought a new stake in FactSet Research Systems in the fourth quarter valued at about $151,492,000. Finally, Goldman Sachs Group Inc. raised its stake in FactSet Research Systems by 69.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 455,371 shares of the business services provider’s stock valued at $132,144,000 after buying an additional 186,665 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Key Stories Impacting FactSet Research Systems

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

• Positive Sentiment: FactSet reported fourth-quarter adjusted earnings of $4.52 per share, exceeding the $4.35 analyst consensus, while revenue rose 6.3% year over year to $634.7 million, above the $629.8 million estimate. EPS increased from $4.05 a year earlier. FactSet Reports Fiscal 2026 Results
• Positive Sentiment: Organic annual subscription value growth reached 7% in fiscal 2026, supported by commercial execution and momentum in artificial-intelligence solutions. Management also expects fiscal 2027 organic ASV growth of approximately 5% to 6.5% and 25 to 75 basis points of margin improvement. FactSet Fiscal 2027 Growth Outlook
• Neutral Sentiment: Fiscal 2027 revenue guidance is approximately $2.6 billion, in line with consensus expectations, indicating continued growth but limited near-term upside relative to forecasts.
• Negative Sentiment: FactSet forecast fiscal 2027 EPS of $19.25 to $19.65, below the analyst consensus of $19.75. The outlook appears to have disappointed investors even though the quarter itself exceeded estimates, contributing to the stock’s decline. FactSet Shares Fall on Fiscal 2027 Guidance

About FactSet Research Systems

FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.

The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.