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

FactSet Research Systems (NYSE:FDS) had its price objective lowered by research analysts at Wells Fargo & Company from $215.00 to $195.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the business services provider’s stock. Wells Fargo & Company‘s price objective points to a potential downside of 1.48% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the company. Zacks Research upgraded FactSet Research Systems from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Evercore upped their price target on FactSet Research Systems from $320.00 to $321.00 and gave the stock an “in-line” rating in a report on Thursday, January 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Monday, December 29th. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a report on Friday, December 19th. Finally, Stifel Nicolaus decreased their price target on FactSet Research Systems from $372.00 to $295.00 and set a “hold” rating on the stock in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $298.54.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $197.92 on Tuesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market capitalization of $7.34 billion, a PE ratio of 12.59, a PEG ratio of 1.74 and a beta of 0.73. FactSet Research Systems has a fifty-two week low of $185.00 and a fifty-two week high of $474.79. The stock’s fifty day moving average is $266.53 and its 200 day moving average is $296.72.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 18th. The business services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $0.15. The firm had revenue of $607.62 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.37 earnings per share. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, sell-side analysts anticipate that FactSet Research Systems will post 17.21 earnings per share for the current year.

FactSet Research Systems announced that its Board of Directors has approved 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 repurchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, Director Malcolm Frank sold 2,572 shares of the business’s 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 sale, the director directly owned 879 shares in the company, valued at approximately $259,920.30. The trade was a 74.53% decrease in their position. 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 FactSet Research Systems stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $296.25, for a total transaction of $761,955.00. Following the sale, the director owned 1,037 shares of the company’s stock, valued at approximately $307,211.25. The trade was a 71.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On FactSet Research Systems

Several hedge funds have recently added to or reduced their stakes in FDS. Northwestern Mutual Wealth Management Co. raised its position in shares of FactSet Research Systems by 444,058.1% during 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 during the last quarter. Vanguard Group Inc. boosted its position in shares of FactSet Research Systems by 2.2% in the third quarter. Vanguard Group Inc. now owns 4,932,382 shares of the business services provider’s stock worth $1,413,078,000 after acquiring an additional 107,184 shares during the last quarter. Bamco Inc. NY boosted its holdings in FactSet Research Systems by 58.8% in the fourth quarter. Bamco Inc. NY now owns 2,888,845 shares of the business services provider’s stock valued at $838,314,000 after acquiring an additional 1,069,786 shares during the last quarter. State Street Corp lifted its position in FactSet Research Systems by 1.2% during the third quarter. State Street Corp now owns 1,961,231 shares of the business services provider’s stock valued at $561,873,000 after buying an additional 23,660 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its holdings in FactSet Research Systems by 1.6% in the 2nd quarter. Loomis Sayles & Co. L P now owns 1,508,052 shares of the business services provider’s stock valued at $674,522,000 after purchasing an additional 23,900 shares in the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

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.