FactSet Research Systems Inc.

New York Stock Exchange
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Somewhat Bullish +45

FactSet Research Systems (NYSE:FDS) Price Target Raised to $216.00 at ...

AI-generated analysis

📈 Barclays raised its price target to $216.00 while UBS lifted its target to $340.00 with a 'buy' rating.

📉 Goldman Sachs downgraded the stock from 'sell' to 'underweight' and Rothschild & Co lowered its target to $215.00 with a 'sell' rating.

💰 FactSet beat quarterly earnings estimates with $4.53 EPS compared to the consensus of $4.44.

📊 Revenue reached $622.92 million, surpassing analyst expectations of $617.91 million for the quarter.

🚀 Year-over-year revenue growth accelerated to 6.4% driven by strong performance in core analytics products.

💵 The company increased its quarterly dividend to $1.16 per share, raising the annualized yield to 1.8%.

🏦 Mattern Capital Management LLC significantly increased its stake by 48.8% to own over 30,000 shares.

📈 Investment House LLC aggressively grew its position by 311.5%, acquiring an additional 32,092 shares.

🔒 Institutional ownership remains robust at 91.24% as major funds accumulate positions in the fourth quarter.

🎯 The company maintains strong profitability metrics with a net margin of 23.21% and ROE of 30.68%.

Bullish Signals
  • FactSet Research Systems beat quarterly earnings estimates, reporting $4.53 EPS against a consensus of $4.44.
  • Revenue of $622.92 million exceeded analyst expectations of $617.91 million, demonstrating strong top-line execution.
  • The company achieved a net margin of 23.21% and a return on equity of 30.68%, indicating high operational efficiency.
  • Revenue grew by 6.4% year-over-year, showing continued market expansion in financial data analytics.
  • Barclays raised its price target to $216.00, signaling renewed interest from major investment banks.
  • UBS upgraded the stock to a 'buy' rating and increased its price target to $340.00.
  • Mattern Capital Management LLC increased its stake by 48.8%, reflecting strong institutional confidence.
  • Investment House LLC grew its position by 311.5%, adding over 32,000 shares to its portfolio.
  • The company raised its quarterly dividend to $1.16 per share, boosting the annualized yield to 1.8%.
  • New institutional investors including Element Squared LLC and Ticino Wealth initiated positions in the fourth quarter.
Risk Factors
  • Goldman Sachs downgraded FactSet Research Systems from 'sell' to 'underweight', maintaining a bearish outlook.
  • Rothschild & Co lowered its price target to $215.00 and issued a 'sell' rating on the stock.
  • Wolfe Research maintained an 'underperform' rating despite lifting its price target, indicating lingering concerns.
  • The consensus analyst rating remains 'Reduce' with a collective price target of $253.00 that is lower than UBS's target.
  • Analyst ratings are mixed, with seven analysts assigning a 'sell' rating and nine assigning a 'hold' rating.
Full Analysis
FactSet Research Systems (NYSE:FDS) is the subject of mixed analyst sentiment following a recent earnings beat and a series of price target adjustments. Barclays raised its price target to $216.00, while UBS increased its target to $340.00 with a 'buy' rating. Conversely, Rothschild & Co lowered its target to $215.00 with a 'sell' rating, and Goldman Sachs downgraded the stock from 'sell' to 'underweight'. The consensus rating remains 'Reduce' with a MarketBeat average target of $253.00. FactSet reported strong quarterly financial results for the quarter ended June 30th, beating analyst expectations on both earnings per share and revenue. The company posted EPS of $4.53 versus an estimate of $4.44, driven by revenue of $622.92 million which exceeded estimates of $617.91 million. Year-over-year revenue growth was 6.4%, while the firm maintained robust profitability with a net margin of 23.21% and a return on equity of 30.68%. The company also raised its quarterly dividend to $1.16 per share, increasing the annualized yield to 1.8%. Institutional investor activity highlights growing confidence in FactSet's long-term prospects despite mixed analyst ratings. Significant position increases were recorded by Mattern Capital Management LLC, which grew its stake by 48.8%, and Investment House LLC, which increased its holdings by 311.5%. Other new positions were established by Element Squared LLC, Ticino Wealth, and Argo Wealth Advisory LLC during the fourth quarter. Institutional ownership remains high at 91.24%.