Clearbridge Investments LLC Raises Stock Position in Fair Isaac Corporation $FICO

Clearbridge Investments LLC boosted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 73.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,473 shares of the technology company’s stock after purchasing an additional 42,821 shares during the period. Clearbridge Investments LLC owned approximately 0.43% of Fair Isaac worth $171,552,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Capital World Investors raised its stake in Fair Isaac by 10.7% during the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock worth $1,512,417,000 after purchasing an additional 86,200 shares during the period. Capital Research Global Investors purchased a new position in Fair Isaac during the fourth quarter worth about $516,615,000. Capital International Sarl raised its stake in Fair Isaac by 5.7% during the fourth quarter. Capital International Sarl now owns 466 shares of the technology company’s stock worth $788,000 after purchasing an additional 25 shares during the period. Capital International Inc. CA raised its stake in Fair Isaac by 2.1% during the fourth quarter. Capital International Inc. CA now owns 5,143 shares of the technology company’s stock worth $8,695,000 after purchasing an additional 104 shares during the period. Finally, Capital International Investors raised its stake in Fair Isaac by 0.8% during the fourth quarter. Capital International Investors now owns 380,750 shares of the technology company’s stock worth $643,704,000 after purchasing an additional 2,867 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Price Performance

Shares of FICO opened at $1,140.90 on Monday. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year high of $1,998.01. The stock has a market cap of $26.46 billion, a PE ratio of 36.14, a P/E/G ratio of 1.00 and a beta of 1.28. The firm has a 50-day simple moving average of $1,104.45 and a two-hundred day simple moving average of $1,378.91.

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 business had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. During the same period last year, the business earned $7.81 earnings per share. The business’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, sell-side analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current fiscal year.

Fair Isaac declared that its Board of Directors has authorized 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 buy up to 5.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FICO. Wells Fargo & Company reduced their target price on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Barclays dropped their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Needham & Company LLC dropped their price target on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,619.36.

Fair Isaac Company 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.