Fair Isaac Corporation $FICO Position Reduced by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its position in Fair Isaac Corporation (NYSE:FICO) by 0.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 132,636 shares of the technology company’s stock after selling 1,176 shares during the period. Bank of New York Mellon Corp’s holdings in Fair Isaac were worth $141,594,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FICO. Bayban bought a new stake in shares of Fair Isaac in the 4th quarter worth $25,000. Physician Wealth Advisors Inc. boosted its stake in Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after buying an additional 10 shares in the last quarter. Torren Management LLC bought a new position in Fair Isaac during the fourth quarter valued at about $30,000. Rakuten Securities Inc. grew its holdings in Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after acquiring an additional 12 shares during the period. Finally, Elyxium Wealth LLC bought a new stake in Fair Isaac in the fourth quarter worth about $42,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FICO shares. Weiss Ratings upgraded shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Raymond James Financial reissued an “outperform” rating and set a $1,750.00 target price on shares of Fair Isaac in a research note on Wednesday, April 29th. 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 for the company in a report on Thursday, April 30th. Finally, The Goldman Sachs Group dropped their price target on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,627.93.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,257.16 on Monday. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The firm has a market capitalization of $29.15 billion, a price-to-earnings ratio of 39.82, a P/E/G ratio of 1.12 and a beta of 1.29. The company has a 50 day moving average price of $1,198.07 and a 200 day moving average price of $1,259.15.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.03 by $1.47. The company had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The company’s revenue was up 38.7% on a year-over-year basis. During the same period in the previous year, the business earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities analysts forecast that Fair Isaac Corporation will post 38 earnings per share for the current fiscal year.

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.