Federated Hermes Inc. Has $28.91 Million Stock Holdings in Fair Isaac Corporation $FICO

Federated Hermes Inc. boosted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 3.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 19,315 shares of the technology company’s stock after buying an additional 621 shares during the quarter. Federated Hermes Inc.’s holdings in Fair Isaac were worth $28,905,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Fair Isaac by 1.2% during the second quarter. Vanguard Group Inc. now owns 2,997,525 shares of the technology company’s stock valued at $5,479,356,000 after purchasing an additional 35,091 shares during the period. State Street Corp boosted its stake in Fair Isaac by 1.2% during the second quarter. State Street Corp now owns 1,083,410 shares of the technology company’s stock worth $1,980,430,000 after buying an additional 13,018 shares in the last quarter. Geode Capital Management LLC increased its holdings in Fair Isaac by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 712,699 shares of the technology company’s stock valued at $1,299,727,000 after buying an additional 13,906 shares during the period. American Century Companies Inc. raised its stake in shares of Fair Isaac by 2.8% in the 2nd quarter. American Century Companies Inc. now owns 397,389 shares of the technology company’s stock valued at $726,411,000 after buying an additional 10,771 shares in the last quarter. Finally, Edgewood Management LLC bought a new position in shares of Fair Isaac during the 2nd quarter worth about $612,785,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

Shares of FICO opened at $1,463.16 on Friday. The company has a market capitalization of $34.71 billion, a P/E ratio of 54.15, a PEG ratio of 1.60 and a beta of 1.30. Fair Isaac Corporation has a one year low of $1,300.00 and a one year high of $2,217.60. The business’s 50 day simple moving average is $1,684.97 and its 200-day simple moving average is $1,603.19.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.08 by $0.25. The firm had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In related news, Director Eva Manolis sold 521 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the transaction, the director owned 344 shares in the company, valued at $628,085.52. This represents a 60.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the sale, the chief financial officer directly owned 2,804 shares in the company, valued at approximately $5,075,240. This represents a 33.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,347 shares of company stock valued at $7,691,229 over the last ninety days. 3.46% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FICO. Oppenheimer cut shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Wells Fargo & Company upped their price objective on Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Jefferies Financial Group increased their target price on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a report on Friday, January 16th. BMO Capital Markets decreased their price target on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Finally, Robert W. Baird increased their price objective on Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $2,094.08.

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.