National Pension Service grew its stake in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 12.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 42,583 shares of the technology company’s stock after acquiring an additional 4,645 shares during the quarter. National Pension Service’s holdings in Fair Isaac were worth $71,992,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SBI Okasan Asset Management Co.Ltd. bought a new position in Fair Isaac during the fourth quarter worth about $73,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Fair Isaac by 5.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 727 shares of the technology company’s stock worth $1,230,000 after buying an additional 35 shares during the last quarter. Huntington National Bank boosted its holdings in Fair Isaac by 15.0% during the fourth quarter. Huntington National Bank now owns 329 shares of the technology company’s stock worth $556,000 after buying an additional 43 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Fair Isaac by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock worth $1,213,620,000 after buying an additional 8,886 shares during the last quarter. Finally, King Luther Capital Management Corp boosted its holdings in Fair Isaac by 44.2% during the fourth quarter. King Luther Capital Management Corp now owns 14,761 shares of the technology company’s stock worth $24,955,000 after buying an additional 4,524 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.
Analyst Ratings Changes
FICO has been the topic of a number of recent analyst reports. Raymond James Financial restated an “outperform” rating and set a $1,750.00 target price on shares of Fair Isaac in a report on Wednesday, April 29th. UBS Group cut their price objective on Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Weiss Ratings cut Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Wall Street Zen cut Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, JPMorgan Chase & Co. cut their price objective on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,619.36.
Fair Isaac Price Performance
NYSE:FICO opened at $1,250.88 on Friday. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The stock has a market capitalization of $29.01 billion, a PE ratio of 39.62, a price-to-earnings-growth ratio of 1.10 and a beta of 1.24. The business’s 50-day simple moving average is $1,090.73 and its 200-day simple moving average is $1,401.06.
Fair Isaac (NYSE:FICO – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, beating the consensus estimate of $11.03 by $1.47. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The business had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. During the same quarter in the previous year, the business posted $7.81 EPS. Fair Isaac’s revenue for the quarter was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, research analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current year.
Fair Isaac announced that its Board of Directors has initiated a share buyback plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.
Fair Isaac Company Profile
Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.
FICO’s product portfolio centers on analytics and decisioning technologies.
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