Delta Global Management LP Purchases 6,856 Shares of Fair Isaac Corporation $FICO

Delta Global Management LP lifted its position in Fair Isaac Corporation (NYSE:FICO) by 76.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 15,880 shares of the technology company’s stock after purchasing an additional 6,856 shares during the period. Fair Isaac comprises approximately 1.2% of Delta Global Management LP’s portfolio, making the stock its 17th biggest holding. Delta Global Management LP’s holdings in Fair Isaac were worth $26,847,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in FICO. Brighton Jones LLC grew its holdings in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares during the last quarter. Great Lakes Advisors LLC boosted its holdings in Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares in the last quarter. Woodline Partners LP boosted its holdings in Fair Isaac by 46.1% in the first quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock valued at $3,943,000 after acquiring an additional 675 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in Fair Isaac by 18.0% in the second quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock valued at $25,659,000 after acquiring an additional 2,146 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Fair Isaac by 16.1% in the second quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock valued at $387,431,000 after acquiring an additional 29,408 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.0%

Shares of Fair Isaac stock opened at $1,179.42 on Tuesday. The firm has a market capitalization of $27.35 billion, a P/E ratio of 37.36, a P/E/G ratio of 1.04 and a beta of 1.28. The business has a fifty day simple moving average of $1,122.08 and a two-hundred day simple moving average of $1,355.46. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating the consensus estimate of $11.03 by $1.47. The business had revenue of $691.68 million during the quarter, compared to analyst estimates of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The company’s revenue for the quarter was up 38.7% on a year-over-year basis. During the same quarter last year, the firm posted $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Analysts predict that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

Fair Isaac declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, June 5th. Jefferies Financial Group cut their price target on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Needham & Company LLC reiterated a “buy” rating and issued a $1,650.00 price target on shares of Fair Isaac in a report on Tuesday, June 9th. Finally, UBS Group cut their price target on shares of 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. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,619.36.

About Fair Isaac

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.