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

FactSet Research Systems (NYSE:FDS) had its price target reduced by equities research analysts at The Goldman Sachs Group from $253.00 to $217.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “sell” rating on the business services provider’s stock. The Goldman Sachs Group’s target price suggests a potential downside of 3.40% from the stock’s current price.

Other analysts also recently issued research reports about the company. Jefferies Financial Group reiterated a “hold” rating and issued a $305.00 price objective on shares of FactSet Research Systems in a research report on Friday, December 19th. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Friday. BMO Capital Markets reduced their target price on FactSet Research Systems from $311.00 to $305.00 and set a “market perform” rating for the company in a research report on Monday, December 22nd. Morgan Stanley set a $307.00 price target on shares of FactSet Research Systems and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Finally, Stifel Nicolaus dropped 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 note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $279.85.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS traded up $7.64 on Wednesday, hitting $224.63. 840,428 shares of the company were exchanged, compared to its average volume of 983,337. The company’s 50 day moving average price is $219.11 and its two-hundred day moving average price is $261.90. The firm has a market capitalization of $8.33 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 2.09 and a beta of 0.75. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. FactSet Research Systems has a one year low of $185.00 and a one year high of $474.79.

FactSet Research Systems (NYSE:FDS) last released its earnings results 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 net margin of 25.40% and a return on equity of 30.49%. The business had revenue of $611.02 million during the quarter, compared to analysts’ expectations of $604.78 million. During the same quarter last year, the company earned $4.28 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. Research analysts expect that FactSet Research Systems will post 17.21 earnings per share for the current year.

FactSet Research Systems announced that its Board of Directors has authorized a share repurchase plan on Thursday, December 18th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In related news, Director Malcolm Frank sold 2,572 shares of FactSet Research Systems stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $295.70, for a total transaction of $760,540.40. Following the completion of the transaction, the director directly owned 879 shares of the company’s stock, valued at $259,920.30. This trade represents a 74.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Laurie Siegel sold 2,572 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction of $761,955.00. Following the completion of the transaction, the director owned 1,037 shares in the company, valued at approximately $307,211.25. This trade represents a 71.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. First Horizon Corp acquired a new position in shares of FactSet Research Systems in the 3rd quarter worth approximately $25,000. Cromwell Holdings LLC bought a new position in FactSet Research Systems in the 4th quarter valued at $26,000. WPG Advisers LLC raised its position in FactSet Research Systems by 76.9% in the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 40 shares during the last quarter. Winnow Wealth LLC acquired a new position in FactSet Research Systems in the third quarter worth $28,000. Finally, Field & Main Bank acquired a new position in FactSet Research Systems in the fourth quarter worth $29,000. Institutional investors own 91.24% of the company’s stock.

Trending Headlines about FactSet Research Systems

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

• Positive Sentiment: Non‑GAAP earnings and revenue beat: FactSet reported non‑GAAP EPS of $4.46 vs. consensus ~$4.37 and revenue of $611M (y/y +7.1%), with organic ASV up ~6.7% — metrics investors view as evidence of steady subscription momentum. MarketBeat Earnings Report
• Positive Sentiment: Shares reacted positively in aftermarket/premarket coverage after the quarter — headlines noted a roughly mid‑single digit jump following the results, supporting today’s upward move. MSN: Shares Jump After Earnings
• Positive Sentiment: Product/innovation catalyst: FactSet launched “FactSet AI for Banking” (alpha) in partnership with Finster AI — a new AI‑native workflow product that could support future revenue expansion and client retention. GlobeNewswire: AI for Banking Launch
• Neutral Sentiment: Analyst views vary: UBS cut its price target from $425 to $380 but stayed at “buy” (signal: conviction remains despite lower PT); this provides offsetting bullish support even as a lower target tempers upside. Benzinga
• Neutral Sentiment: Valuation and analyst/opinion pieces argue the multiple is attractive and that fundamentals could set a rebound — helpful context but not an immediate catalyst. Seeking Alpha: Fundamental & Valuation
• Negative Sentiment: GAAP metric weakness reported in some call transcripts: an earnings‑call transcript excerpt referenced a GOP/GAAP EPS figure (reported ~ $3.60) that missed expectations, which can create short‑term uncertainty for fundamental skeptics. InsiderMonkey: Q2 Earnings Call Transcript
• Negative Sentiment: Wells Fargo raises its PT only slightly to $200 but keeps an “underweight” stance — a material negative signal from a large sell‑side shop and a reminder of downside risk vs. the market. Benzinga

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.