King Luther Capital Management Corp boosted its stake in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 44.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 14,761 shares of the technology company’s stock after buying an additional 4,524 shares during the quarter. King Luther Capital Management Corp’s holdings in Fair Isaac were worth $24,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its stake in Fair Isaac by 480,776.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after purchasing an additional 3,326,972 shares during the last quarter. Vanguard Group Inc. raised its stake in Fair Isaac by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after purchasing an additional 72,224 shares during the last quarter. Capital World Investors raised its stake in Fair Isaac by 874.4% during the 3rd quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after purchasing an additional 725,432 shares during the last quarter. Principal Financial Group Inc. raised its stake in Fair Isaac by 13.4% during the 4th quarter. Principal Financial Group Inc. now owns 458,085 shares of the technology company’s stock valued at $774,518,000 after purchasing an additional 53,980 shares during the last quarter. Finally, Capital International Investors raised its stake in Fair Isaac by 402.8% during the 3rd 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 during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently commented on FICO. Robert W. Baird set a $1,549.00 target price on shares of Fair Isaac in a research note on Wednesday, April 29th. Bank of America cut their target price on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a research note on Tuesday, May 19th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Jefferies Financial Group cut their target price on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Finally, Wells Fargo & Company dropped their price objective on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,619.36.
Fair Isaac Stock Performance
Shares of FICO stock opened at $1,278.86 on Thursday. Fair Isaac Corporation has a 52-week low of $870.01 and a 52-week high of $1,998.01. The stock has a market cap of $29.66 billion, a price-to-earnings ratio of 40.51, a P/E/G ratio of 1.11 and a beta of 1.24. The firm has a fifty day moving average of $1,087.79 and a 200-day moving average of $1,405.23.
Fair Isaac (NYSE:FICO – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) 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 company had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. During the same quarter in the prior year, the company posted $7.81 EPS. The business’s 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. On average, sell-side analysts predict that Fair Isaac Corporation will post 37.99 earnings per share for the current year.
Fair Isaac declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.
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.
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