FactSet Research Systems (NYSE:FDS) Upgraded at William Blair

FactSet Research Systems (NYSE:FDS) was upgraded by analysts at William Blair from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, MarketBeat reports.

FDS has been the subject of a number of other research reports. Bank of America lifted 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. BMO Capital Markets raised 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, July 2nd. Barclays lifted their price objective on FactSet Research Systems from $210.00 to $216.00 and gave the stock an “underweight” rating in a report on Monday, July 6th. Wells Fargo & Company upped their price objective on FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings raised FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Reduce” and an average target price of $257.57.

FactSet Research Systems Price Performance

NYSE FDS opened at $301.41 on Tuesday. FactSet Research Systems has a one year low of $185.00 and a one year high of $377.07. The stock has a 50-day moving average of $274.53 and a 200 day moving average of $240.95. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 1.82 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS 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 firm had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same period in the previous year, the business posted $4.27 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, sell-side analysts forecast that FactSet Research Systems will post 17.76 EPS for the current year.

Institutional Investors Weigh In On FactSet Research Systems

Several hedge funds and other institutional investors have recently modified their holdings of FDS. Jones Financial Companies Lllp increased 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 in the last quarter. Empowered Funds LLC grew its stake in shares of FactSet Research Systems by 27.6% during the 1st 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 period. Geneos Wealth Management Inc. grew its stake in shares of FactSet Research Systems by 188.2% during the 1st 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 increased its holdings in FactSet Research Systems by 58.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock worth $62,000 after acquiring an additional 51 shares in the last quarter. Finally, Cerity Partners LLC raised its stake in 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 acquiring an additional 707 shares during the period. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

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.