Why FactSet Research Systems (FDS) Stock Is Up Today

FactSet Research Systems (FDS) is up 6.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a well-received quarterly earnings report that showed faster subscription growth, better-than-expected adjusted earnings, and continued traction in AI-related products. Investors also appear to be responding to strong cash generation, shareholder returns, and signs that enterprise clients are expanding their use of the platform.

Details:

FactSet disclosed fiscal third-quarter 2026 results for the period ended May 31, 2026, with revenue rising 6.4% year over year to $622.9 million and organic revenue growth of 7.0%.

Adjusted diluted EPS increased 6.1% to $4.53, while market estimates tracked by financial data services were around $4.45, pointing to an earnings beat.

Organic annual subscription value grew 7.1% to about $2.49 billion, and the company said more than 90% of its top 50 clients now use four or more AI products.

FactSet also returned $243.4 million to shareholders in the quarter through buybacks and dividends, and it maintained its fiscal 2026 outlook, which may have reinforced confidence in demand trends.

Sources:

SEC, FactSet Investor Relations, Investing.com

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 345 institutional investors add shares of $FDS stock to their portfolio, and 381 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 13,854,753 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $3,006,342,853
BAMCO INC /NY/ added 867,742 shares (+30.0%) to their portfolio in Q1 2026, for an estimated $188,291,336
CITADEL ADVISORS LLC removed 609,471 shares (-70.2%) from their portfolio in Q1 2026, for an estimated $132,249,112
AQR CAPITAL MANAGEMENT LLC removed 397,520 shares (-56.4%) from their portfolio in Q1 2026, for an estimated $86,257,864
PINESTONE ASSET MANAGEMENT INC. removed 387,784 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $89,221,342
CHAMPLAIN INVESTMENT PARTNERS, LLC removed 343,281 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $74,488,544
EQUITY INVESTMENT CORP added 287,617 shares (+inf%) to their portfolio in Q1 2026, for an estimated $62,410,012

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 $1,912,237 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.: $1,004,500
FACTSET CORPORATE BOND INDENTIFIERS LICENSE CUSIP: $155,068
ACCESS TO OWNERSHIP DATABASE, SHARKREPELLENT DATABASE, AND ETF DATA FEED: $152,137
FACTSET WORKSTATION SUBSCRIPTION SOFTWARE: $146,760
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 5 times in the past 6 months. Of those trades, 1 have been purchases and 4 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. has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/13 and 1 sale worth up to $15,000 on 05/15.
SENATOR SHELLEY MOORE CAPITO has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 03/31, 03/26, 03/25.

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 12 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
Ashish Sabadra from RBC Capital set a target price of $240.0 on 07/02/2026
Surinder Thind from Jefferies set a target price of $253.0 on 07/02/2026
David Motemeden from Evercore ISI Group set a target price of $275.0 on 07/02/2026
Scott Wurtzel from Wolfe Research set a target price of $240.0 on 07/02/2026
Alex Kramm from UBS set a target price of $340.0 on 07/02/2026
Curtis Nagle from B of A Securities set a target price of $210.0 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.