Wells Fargo & Company Issues Pessimistic Forecast for FactSet Research Systems (NYSE:FDS) Stock Price

FactSet Research Systems (NYSE:FDS) had its target price cut by research analysts at Wells Fargo & Company from $265.00 to $215.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “underweight” rating on the business services provider’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 2.60% from the stock’s current price.

A number of other research firms also recently commented on FDS. Raymond James Financial reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research note on Thursday, December 18th. Morgan Stanley set a $307.00 price target on shares of FactSet Research Systems and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Monday, December 29th. BMO Capital Markets lowered their price objective on shares of 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. Finally, Stifel Nicolaus cut their target price on 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, ten have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $308.83.

FactSet Research Systems Stock Performance

NYSE FDS opened at $209.55 on Wednesday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $7.77 billion, a P/E ratio of 13.33, a P/E/G ratio of 2.06 and a beta of 0.73. The firm has a 50-day moving average price of $281.20 and a two-hundred day moving average price of $310.77. FactSet Research Systems has a 12-month low of $201.80 and a 12-month high of $474.79.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $0.15. The firm had revenue of $607.62 million for the quarter, compared to analyst estimates of $599.69 million. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The company’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company earned $4.37 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. Analysts anticipate that FactSet Research Systems will post 17.21 earnings per share for the current year.

FactSet Research Systems declared that its Board of Directors has initiated a share repurchase plan on Thursday, December 18th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the business services provider to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity at FactSet Research Systems

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FDS. Jones Financial Companies Lllp raised its position in shares of FactSet Research Systems by 5.6% during the first quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after acquiring an additional 91 shares during the last quarter. Empowered Funds LLC increased its position in 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 purchasing an additional 210 shares during the period. Geneos Wealth Management Inc. raised its holdings in 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 worth $45,000 after purchasing an additional 64 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in FactSet Research Systems by 12.9% in the second quarter. Robeco Institutional Asset Management B.V. now owns 3,539 shares of the business services provider’s stock valued at $1,583,000 after buying an additional 404 shares during the period. Finally, QRG Capital Management Inc. lifted its stake in shares of FactSet Research Systems by 15.5% in the 2nd quarter. QRG Capital Management Inc. now owns 1,547 shares of the business services provider’s stock valued at $692,000 after purchasing an additional 208 shares during the period. 91.24% of the stock is owned by institutional investors and hedge funds.

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.