Alberta Investment Management Corp Buys 700 Shares of Fair Isaac Corporation $FICO

Alberta Investment Management Corp raised its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 21.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,900 shares of the technology company’s stock after buying an additional 700 shares during the period. Alberta Investment Management Corp’s holdings in Fair Isaac were worth $6,593,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FICO. Northwestern Mutual Wealth Management Co. raised its holdings in Fair Isaac by 480,776.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after buying an additional 3,326,972 shares in the last quarter. Capital World Investors raised its holdings in Fair Isaac by 874.4% during the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after buying an additional 725,432 shares in the last quarter. Capital Research Global Investors bought a new position in Fair Isaac during the fourth quarter valued at about $516,615,000. Capital International Investors increased its stake in shares of Fair Isaac by 402.8% in the third 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 period. Finally, Norges Bank bought a new position in shares of Fair Isaac in the fourth quarter worth about $490,209,000. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Up 0.6%

Fair Isaac stock opened at $1,188.73 on Wednesday. The business has a 50 day moving average price of $1,124.10 and a two-hundred day moving average price of $1,351.18. The stock has a market cap of $27.57 billion, a price-to-earnings ratio of 37.65, a price-to-earnings-growth ratio of 1.04 and a beta of 1.28. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The company had revenue of $691.68 million during the quarter, compared to the consensus estimate of $630.21 million. During the same quarter last year, the company earned $7.81 EPS. The company’s quarterly revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current fiscal year.

Fair Isaac announced that its Board of Directors has approved a share buyback program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of equities analysts have recently commented on FICO shares. Wells Fargo & Company dropped their price objective on 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. Barclays dropped their price objective on 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. Robert W. Baird set a $1,549.00 price objective on Fair Isaac in a research note on Wednesday, April 29th. The Goldman Sachs Group dropped their price objective on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, UBS Group lifted their price objective on Fair Isaac from $1,110.00 to $1,250.00 and gave the stock a “neutral” rating in a research note on Tuesday. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,626.50.

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.