Fair Isaac Corporation $FICO Stock Holdings Lifted by Allstate Corp

Allstate Corp lifted its position in Fair Isaac Corporation (NYSE:FICO) by 102.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,817 shares of the technology company’s stock after buying an additional 921 shares during the quarter. Allstate Corp’s holdings in Fair Isaac were worth $3,072,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Clearstead Trust LLC boosted its holdings in shares of Fair Isaac by 2,970.0% during the fourth quarter. Clearstead Trust LLC now owns 307 shares of the technology company’s stock worth $519,000 after purchasing an additional 297 shares during the period. Clearstead Advisors LLC boosted its holdings in shares of Fair Isaac by 56.8% during the fourth quarter. Clearstead Advisors LLC now owns 127 shares of the technology company’s stock worth $215,000 after purchasing an additional 46 shares during the period. New Age Alpha Advisors LLC boosted its holdings in shares of Fair Isaac by 119.3% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,891 shares of the technology company’s stock worth $4,888,000 after purchasing an additional 1,573 shares during the period. Simplify Asset Management Inc. acquired a new stake in shares of Fair Isaac during the fourth quarter worth approximately $203,000. Finally, Catalyst Funds Management Pty Ltd acquired a new stake in shares of Fair Isaac during the fourth quarter worth approximately $321,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FICO shares. Mizuho started coverage on Fair Isaac in a research note on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 price target for the company. Robert W. Baird set a $1,549.00 price target on Fair Isaac in a research note on Wednesday, April 29th. Wells Fargo & Company cut their price objective on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Bank of America cut their price objective on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Finally, 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 on the stock in a research report on Monday, May 4th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,619.36.

Fair Isaac Stock Up 1.5%

Shares of NYSE:FICO opened at $1,278.86 on Thursday. The company has a market cap of $29.66 billion, a price-to-earnings ratio of 40.51, a PEG ratio of 1.11 and a beta of 1.24. The business has a 50 day moving average price of $1,087.79 and a 200 day moving average price of $1,405.23. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. The company had revenue of $691.68 million during 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 company’s quarterly revenue was up 38.7% compared to the same quarter last year. During the same period 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. Analysts anticipate that Fair Isaac Corporation will post 37.99 EPS for the current year.

Fair Isaac announced that its Board of Directors has initiated a stock repurchase program on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.