Morgan Stanley Forecasts Strong Price Appreciation for FactSet Research Systems (NYSE:FDS) Stock

FactSet Research Systems (NYSE:FDS) had its price target boosted by stock analysts at Morgan Stanley from $230.00 to $300.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the business services provider’s stock. Morgan Stanley’s price objective indicates a potential upside of 8.84% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. Rothschild & Co Redburn lowered shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 target price for the company. in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft upped their price target on shares of FactSet Research Systems from $275.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. Wells Fargo & Company raised their price objective on shares of FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a report on Thursday, July 2nd. Jefferies Financial Group lifted their price objective on shares of FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. Finally, William Blair raised shares of FactSet Research Systems from a “market perform” rating to an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, FactSet Research Systems currently has an average rating of “Reduce” and a consensus price target of $265.00.

FactSet Research Systems Stock Down 1.3%

Shares of FactSet Research Systems stock traded down $3.55 on Thursday, hitting $275.62. The company had a trading volume of 216,695 shares, compared to its average volume of 946,579. FactSet Research Systems has a 1 year low of $185.00 and a 1 year high of $370.98. 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 stock has a 50 day moving average of $276.41 and a 200-day moving average of $242.16. The stock has a market capitalization of $9.80 billion, a price-to-earnings ratio of 18.16, a P/E/G ratio of 1.74 and a beta of 0.71.

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

Hedge Funds Weigh In On FactSet Research Systems

Hedge funds and other institutional investors have recently modified their holdings of the stock. BOKF NA raised its holdings in FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares in the last quarter. Navalign LLC bought a new stake in shares of FactSet Research Systems during the 4th quarter valued at $32,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of FactSet Research Systems in the 4th quarter worth about $32,000. Elyxium Wealth LLC bought a new position in shares of FactSet Research Systems in the 4th quarter worth about $35,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of FactSet Research Systems by 31.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 181 shares of the business services provider’s stock worth $42,000 after acquiring an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

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.