FactSet Research Systems (NYSE:FDS) Given New $295.00 Price Target at Stifel Nicolaus

FactSet Research Systems (NYSE:FDS) had its price objective decreased by equities research analysts at Stifel Nicolaus from $372.00 to $295.00 in a report issued on Friday,Benzinga reports. The firm currently has a “hold” rating on the business services provider’s stock. Stifel Nicolaus’ price target points to a potential upside of 6.29% from the stock’s current price.

Other analysts have also issued research reports about the stock. Morgan Stanley set a $307.00 price objective on shares of FactSet Research Systems and gave the stock an “equal weight” rating in a report on Wednesday. Wolfe Research reiterated an “underperform” rating and set a $290.00 target price on shares of FactSet Research Systems in a research report on Friday, November 14th. Rothschild & Co Redburn raised FactSet Research Systems from a “sell” rating to a “neutral” rating and reduced their price objective for the stock from $415.00 to $370.00 in a report on Friday, September 12th. Evercore ISI dropped their price objective on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating for the company in a report on Friday, September 19th. Finally, Huber Research raised shares of FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, FactSet Research Systems currently has an average rating of “Reduce” and an average price target of $337.00.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $277.54 on Friday. The firm has a market cap of $10.39 billion, a price-to-earnings ratio of 17.92, a P/E/G ratio of 2.54 and a beta of 0.75. FactSet Research Systems has a 1 year low of $250.50 and a 1 year high of $493.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.63. The business has a fifty day simple moving average of $278.96 and a 200 day simple moving average of $348.99.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 18th. The business services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. The firm had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company earned $4.37 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, sell-side analysts predict that FactSet Research Systems will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems announced that its Board of Directors has approved a stock buyback program on Thursday, December 18th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the business services provider to buy up to 5.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Insider Transactions at FactSet Research Systems

In other news, insider Christopher Mcloughlin acquired 338 shares of FactSet Research Systems stock in a transaction dated Tuesday, September 23rd. The stock was bought at an average cost of $296.19 per share, with a total value of $100,112.22. Following the completion of the transaction, the insider directly owned 3,446 shares of the company’s stock, valued at approximately $1,020,670.74. This represents a 10.88% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Helen L. Shan bought 370 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was acquired at an average cost of $275.48 per share, with a total value of $101,927.60. Following the transaction, the executive vice president owned 9,284 shares of the company’s stock, valued at $2,557,556.32. This represents a 4.15% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 1,208 shares of company stock valued at $328,505 over the last quarter. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of FactSet Research Systems

Several large investors have recently made changes to their positions in FDS. ORG Partners LLC lifted its stake in FactSet Research Systems by 13.9% in the 2nd quarter. ORG Partners LLC now owns 205 shares of the business services provider’s stock valued at $93,000 after purchasing an additional 25 shares during the last quarter. Valmark Advisers Inc. lifted its stake in shares of FactSet Research Systems by 1.3% in the 2nd quarter. Valmark Advisers Inc. now owns 1,970 shares of the business services provider’s stock valued at $881,000 after acquiring an additional 26 shares during the last quarter. Huntington National Bank grew its position in FactSet Research Systems by 10.0% during the 2nd quarter. Huntington National Bank now owns 320 shares of the business services provider’s stock worth $143,000 after acquiring an additional 29 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after purchasing an additional 30 shares during the last quarter. Finally, Brooklyn Investment Group increased its position in FactSet Research Systems by 40.0% in the 1st quarter. Brooklyn Investment Group now owns 112 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 32 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

About FactSet Research Systems

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.