FactSet climbs after Q4 earnings beat and strong subscription growth

FactSet Research Systems (FDS) is up 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is FactSet’s fourth-quarter fiscal 2026 earnings release, which showed better-than-expected adjusted earnings and revenue alongside solid subscription growth. Investors also appear to be responding to strong organic ASV growth and management’s comments about continued momentum in AI-related offerings, even though the company’s fiscal 2027 outlook was not flawless.

Details:

FactSet reported fourth-quarter revenue of $634.7 million, up 6.3% year over year, while adjusted diluted EPS rose 11.6% to $4.52.

Organic ASV increased 7.0% to $2.568 billion, and the company said AI solutions ASV added during fiscal 2026 more than doubled from the prior year.

Annual ASV retention stayed above 95%, and the average renewal contract length increased by about 30% during the quarter, pointing to healthy client engagement.

For fiscal 2027, FactSet guided to revenue of $2.60 billion to $2.625 billion and adjusted diluted EPS of $19.25 to $19.65, which suggests the market may be focusing more on the quarter’s beat and recurring-revenue trends than on guidance nuances.

Sources:

FactSet Investor Relations, Zacks, TipRanks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FDS Hedge Fund Activity

We have seen 396 institutional investors add shares of $FDS stock to their portfolio, and 322 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AQR CAPITAL MANAGEMENT LLC added 1,368,158 shares (+444.9%) to their portfolio in Q2 2026, for an estimated $314,785,792
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 504,351 shares (+inf%) to their portfolio in Q2 2026, for an estimated $116,041,078
BAMCO INC /NY/ added 444,269 shares (+11.8%) to their portfolio in Q2 2026, for an estimated $102,217,411
BANK OF MONTREAL /CAN/ removed 390,112 shares (-68.7%) from their portfolio in Q2 2026, for an estimated $89,756,968
PINESTONE ASSET MANAGEMENT INC. removed 387,784 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $89,221,342
MARSHALL WACE, LLP removed 387,517 shares (-49.0%) from their portfolio in Q2 2026, for an estimated $89,159,911
CAPITAL WORLD INVESTORS added 350,319 shares (+inf%) to their portfolio in Q2 2026, for an estimated $80,601,395

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$FDS Government Contracts

We have seen $1,342,318 of award payments to $FDS over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

GLOBAL MARKET PRICING DATA SUBSCRIPTION.: $514,500
ACCESS TO OWNERSHIP DATABASE, SHARKREPELLENT DATABASE, AND ETF DATA FEED: $152,137
FACTSET WORKSTATION SUBSCRIPTION SOFTWARE: $146,760
FACTSET CORPORATE BOND INDENTIFIERS LICENSE CUSIP: $78,680
SOFTWARE LICENSES: $74,375

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$FDS Congressional Stock Trading

Members of Congress have traded $FDS stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $FDS stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 05/15.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$FDS Price Targets

Multiple analysts have issued price targets for $FDS recently. We have seen 11 analysts offer price targets for $FDS in the last 6 months, with a median target of $240.0.

Here are some recent targets:

Manav Patnaik from Barclays set a target price of $216.0 on 07/06/2026
David Motemeden from Evercore ISI Group set a target price of $275.0 on 07/02/2026
Jeffrey Silber from BMO Capital set a target price of $275.0 on 07/02/2026
Toni Kaplan from Morgan Stanley set a target price of $230.0 on 07/02/2026
Jason Haas from Wells Fargo set a target price of $210.0 on 07/02/2026
Faiza Alwy from Deutsche Bank set a target price of $280.0 on 07/02/2026
Ashish Sabadra from RBC Capital set a target price of $240.0 on 07/02/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.