Assenagon Asset Management S.A. Increases Stock Holdings in Fair Isaac Corporation $FICO

Assenagon Asset Management S.A. increased its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 4.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 26,245 shares of the technology company’s stock after purchasing an additional 1,137 shares during the period. Assenagon Asset Management S.A.’s holdings in Fair Isaac were worth $28,018,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FICO. Northwestern Mutual Wealth Management Co. grew its position in 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 valued at $5,625,815,000 after acquiring an additional 3,326,972 shares in the last quarter. Capital World Investors boosted its stake in shares of Fair Isaac by 10.7% in the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after purchasing an additional 86,200 shares during the period. Geode Capital Management LLC grew its holdings in Fair Isaac by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after purchasing an additional 8,886 shares in the last quarter. Morgan Stanley increased its stake in Fair Isaac by 2.3% during the 4th quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock worth $845,037,000 after buying an additional 11,363 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Fair Isaac by 13.4% during the 4th quarter. Principal Financial Group Inc. now owns 458,085 shares of the technology company’s stock worth $774,518,000 after buying an additional 53,980 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,750.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Jefferies Financial Group lowered 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 note on Monday, May 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $1,650.00 target price on shares of Fair Isaac in a research report on Tuesday, June 9th. Robert W. Baird set a $1,549.00 price target on Fair Isaac in a research report on Wednesday, April 29th. Finally, Wall Street Zen raised Fair Isaac from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,626.50.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,179.44 on Friday. The company has a market cap of $27.35 billion, a P/E ratio of 37.36, a P/E/G ratio of 1.01 and a beta of 1.28. The stock’s 50-day moving average is $1,137.56 and its 200-day moving average is $1,317.16. Fair Isaac Corporation has a 52-week low of $870.01 and a 52-week high of $1,998.01.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. During the same quarter in the previous year, the firm earned $7.81 EPS. The firm’s revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, equities analysts predict that Fair Isaac Corporation will post 38.06 EPS for the current year.

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.