FactSet Research Systems (NYSE:FDS) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

FactSet Research Systems (NYSE:FDS) had its price target increased by equities researchers at Deutsche Bank Aktiengesellschaft from $280.00 to $299.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “hold” rating on the business services provider’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 14.76% from the company’s current price.

FDS has been the subject of a number of other research reports. Morgan Stanley raised their price objective on FactSet Research Systems from $230.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday. Jefferies Financial Group increased their target price on FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Bank of America increased their target price on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a report on Thursday, June 18th. 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 equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $266.36.

FactSet Research Systems Stock Down 0.9%

FDS traded down $2.39 during midday trading on Friday, reaching $260.54. The company’s stock had a trading volume of 165,845 shares, compared to its average volume of 949,405. The firm has a market capitalization of $9.27 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.68 and a beta of 0.71. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. FactSet Research Systems has a 1 year low of $185.00 and a 1 year high of $370.98. The stock’s 50-day moving average is $276.64 and its 200-day moving average is $242.63.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, beating 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 business had revenue of $622.92 million during the quarter, compared to the consensus estimate of $617.91 million. During the same quarter last year, the firm earned $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. As a group, research analysts expect that FactSet Research Systems will post 17.76 EPS for the current year.

Institutional Trading of FactSet Research Systems

Several institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of FactSet Research Systems by 444,058.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock worth $4,021,376,000 after purchasing an additional 13,854,613 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of FactSet Research Systems by 22,745.3% during the second quarter. California State Teachers Retirement System now owns 9,725,942 shares of the business services provider’s stock valued at $2,237,745,000 after purchasing an additional 9,683,369 shares in the last quarter. Bamco Inc. NY purchased a new stake in shares of FactSet Research Systems during the second quarter valued at $966,533,000. BlackRock Inc. purchased a new stake in shares of FactSet Research Systems during the second quarter valued at $657,658,000. Finally, Bank of America Corp DE bought a new stake in FactSet Research Systems in the 2nd quarter worth about $176,141,000. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

About FactSet Research Systems

FactSet Research Systems Inc (NYSE:FDS) provides financial data, analytics and technology solutions for investment professionals. Its platform integrates market, company, economic and alternative data with research and analytical tools, helping users evaluate securities, construct and monitor portfolios, manage risk and support investment decisions.

The company serves a broad range of financial institutions, including asset managers, wealth managers, investment banks, hedge funds, private-equity firms and corporate finance teams.