305,577 Shares in Fair Isaac Corporation $FICO Acquired by Capital Research Global Investors

Capital Research Global Investors bought a new position in shares of Fair Isaac Corporation (NYSE:FICO) during the fourth quarter, HoldingsChannel.com reports. The firm bought 305,577 shares of the technology company’s stock, valued at approximately $516,615,000.

A number of other hedge funds have also recently bought and sold shares of FICO. Physician Wealth Advisors Inc. boosted its position in Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after acquiring an additional 10 shares during the last quarter. Torren Management LLC acquired a new stake in Fair Isaac during the fourth quarter worth approximately $30,000. Elyxium Wealth LLC acquired a new stake in Fair Isaac during the fourth quarter worth approximately $42,000. Rakuten Securities Inc. boosted its position in Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after acquiring an additional 12 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in Fair Isaac during the third quarter worth approximately $46,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Up 0.3%

Shares of FICO opened at $1,140.90 on Monday. The firm has a market cap of $26.46 billion, a PE ratio of 36.14, a price-to-earnings-growth ratio of 1.00 and a beta of 1.28. The company’s fifty day moving average is $1,104.45 and its two-hundred day moving average is $1,378.91. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01.

Fair Isaac (NYSE:FICO) last announced its quarterly 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 company had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same quarter last year, the business earned $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. As a group, equities research analysts anticipate 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 share buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FICO. JPMorgan Chase & Co. decreased their target price on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. The Goldman Sachs Group decreased their price target on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Bank of America decreased their price target on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Jefferies Financial Group decreased 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. Finally, Wells Fargo & Company decreased their price target on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,619.36.

Fair Isaac 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.