Why FactSet Research Systems (FDS) Stock Is Up Today

FactSet Research Systems (FDS) is up 6.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied primarily to a fresh wave of bullish analyst actions, led by William Blair’s upgrade to Outperform, along with higher price targets from other Wall Street firms. Investors also seem to be positioning ahead of FactSet’s scheduled fourth-quarter fiscal 2026 earnings release on September 30, 2026, while still reacting to the company’s recent steady revenue growth and updated full-year outlook.

Details:

William Blair upgraded FactSet to Outperform on September 8, a notable sentiment shift for a stock that had faced questions around growth and competitive pressure.

Additional analyst support followed, with Deutsche Bank raising its price target to $299 on September 11 and Morgan Stanley lifting its target to $300 on September 10.

FactSet has already posted third-quarter fiscal 2026 results showing revenue growth and reaffirmed confidence in its business trajectory through updated fiscal 2026 guidance.

The company has also set September 30, 2026 as the date for its fourth-quarter earnings report, which may be drawing incremental buying interest ahead of the event.

Sources:

FactSet Investor Relations, SEC, TipRanks, Benzinga, StreetInsider

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 413 institutional investors add shares of $FDS stock to their portfolio, and 458 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
CITADEL ADVISORS LLC removed 609,471 shares (-70.2%) from their portfolio in Q1 2026, for an estimated $132,249,112
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

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 $1,360,132 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 4 times in the past 6 months. Of those trades, 0 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. sold 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
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.