Sterling Capital Management LLC Lowers Stock Holdings in Fair Isaac Corporation $FICO

Sterling Capital Management LLC decreased its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 42.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 926 shares of the technology company’s stock after selling 673 shares during the period. Sterling Capital Management LLC’s holdings in Fair Isaac were worth $989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in FICO. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fair Isaac by 480,776.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after acquiring an additional 3,326,972 shares during the last quarter. Capital World Investors lifted its holdings in Fair Isaac by 874.4% in 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 in the last quarter. Capital Research Global Investors purchased a new position in Fair Isaac in the 4th quarter valued at $516,615,000. Capital International Investors boosted 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 worth $565,513,000 after purchasing an additional 302,734 shares during the last quarter. Finally, Norges Bank acquired a new stake in Fair Isaac during the 4th quarter worth $490,209,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and set a $1,650.00 price target on shares of Fair Isaac in a research report on Tuesday, June 9th. 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 report on Monday, May 4th. Barclays decreased their target price on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Weiss Ratings cut Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, June 24th. Finally, UBS Group upped their price target on Fair Isaac from $1,110.00 to $1,250.00 and gave the company a “neutral” rating in a research report on Tuesday, June 16th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $1,626.50.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,198.26 on Wednesday. The firm has a market cap of $27.79 billion, a PE ratio of 37.96, a price-to-earnings-growth ratio of 1.04 and a beta of 1.28. The company has a 50-day moving average of $1,142.31 and a two-hundred day moving average of $1,306.08. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year 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 (EPS) for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. The company had revenue of $691.68 million for 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 firm’s quarterly revenue was up 38.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Sell-side analysts anticipate that Fair Isaac Corporation will post 38.06 EPS for the current fiscal 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.