Munich Reinsurance Co Stock Corp in Munich Buys 2,507 Shares of Fair Isaac Corporation $FICO

Munich Reinsurance Co Stock Corp in Munich raised its stake in Fair Isaac Corporation (NYSE:FICO) by 381.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,165 shares of the technology company’s stock after acquiring an additional 2,507 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in Fair Isaac were worth $3,379,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Fair Isaac by 480,776.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after buying an additional 3,326,972 shares during the period. Capital World Investors boosted its holdings in shares of Fair Isaac by 874.4% in the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock worth $1,209,784,000 after acquiring an additional 725,432 shares during the period. Capital Research Global Investors purchased a new position in shares of Fair Isaac in the fourth quarter valued at $516,615,000. Capital International Investors grew its position in shares of Fair Isaac by 402.8% in the third quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock valued at $565,513,000 after purchasing an additional 302,734 shares in the last quarter. Finally, Norges Bank purchased a new stake in Fair Isaac during the 4th quarter worth about $490,209,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of recent analyst reports. Wall Street Zen lowered Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Jefferies Financial Group cut their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $1,650.00 price objective on shares of Fair Isaac in a research note on Tuesday, June 9th. Robert W. Baird set a $1,549.00 target price on shares of Fair Isaac in a report on Wednesday, April 29th. Finally, The Goldman Sachs Group lowered their target price on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,627.93.

Fair Isaac Trading Down 2.5%

Shares of FICO opened at $1,268.05 on Thursday. The stock has a 50-day moving average price of $1,172.99 and a 200-day moving average price of $1,283.65. The company has a market cap of $29.41 billion, a PE ratio of 40.17, a price-to-earnings-growth ratio of 1.15 and a beta of 1.29. 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 earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The business had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. During the same period last year, the firm posted $7.81 earnings per share. Fair Isaac’s quarterly revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, analysts predict that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

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.