BMO Capital Markets Lowers FactSet Research Systems (NYSE:FDS) Price Target to $305.00

FactSet Research Systems (NYSE:FDS) had its price objective decreased by stock analysts at BMO Capital Markets from $311.00 to $305.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a “market perform” rating on the business services provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 4.93% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Raymond James Financial reissued a “market perform” rating on shares of FactSet Research Systems in a report on Thursday, December 18th. 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, December 17th. Weiss Ratings reissued a “sell (d+)” rating on shares of FactSet Research Systems in a report on Monday, December 15th. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research report on Friday. Finally, Huber Research raised FactSet Research Systems from a “strong sell” rating to a “strong-buy” rating in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $313.17.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS opened at $290.67 on Monday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.54 and a quick ratio of 1.40. The business’s fifty day moving average price is $279.27 and its two-hundred day moving average price is $344.60. FactSet Research Systems has a fifty-two week low of $250.50 and a fifty-two week high of $493.00. The stock has a market capitalization of $10.88 billion, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 2.66 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data 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. FactSet Research Systems had a return on equity of 30.49% and a net margin of 25.40%.The company had revenue of $607.62 million during the quarter, compared to analysts’ expectations of $599.69 million. During the same period last year, the business earned $4.37 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. As a group, analysts predict that FactSet Research Systems will post 17.21 EPS for the current fiscal year.

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

Insider Activity at FactSet Research Systems

In related news, EVP Helen L. Shan acquired 370 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was purchased at an average price of $275.48 per share, for a total transaction of $101,927.60. Following the transaction, the executive vice president directly owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. This trade represents a 4.15% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Goran Skoko acquired 500 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was purchased at an average price of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the transaction, the executive vice president directly owned 9,192 shares in the company, valued at approximately $2,324,932.56. The trade was a 5.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.20% of the company’s stock.

Institutional Trading of FactSet Research Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FDS. IFP Advisors Inc raised its stake in shares of FactSet Research Systems by 61.9% during the 3rd quarter. IFP Advisors Inc now owns 680 shares of the business services provider’s stock worth $195,000 after buying an additional 260 shares during the last quarter. Swiss Life Asset Management Ltd increased its holdings in FactSet Research Systems by 16.8% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 10,687 shares of the business services provider’s stock valued at $3,062,000 after acquiring an additional 1,536 shares in the last quarter. Prana Capital Management LP acquired a new position in FactSet Research Systems during the third quarter worth about $822,000. CIBC Bancorp USA Inc. purchased a new stake in shares of FactSet Research Systems in the third quarter valued at about $1,494,000. Finally, Captrust Financial Advisors grew its position in shares of FactSet Research Systems by 24.1% in the third quarter. Captrust Financial Advisors now owns 6,214 shares of the business services provider’s stock valued at $1,780,000 after purchasing an additional 1,208 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

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.