Fifth Third Bancorp Raises Stock Position in Fair Isaac Corporation $FICO

Fifth Third Bancorp grew its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 510.4% in the first quarter, Holdings Channel.com reports. The fund owned 3,235 shares of the technology company’s stock after purchasing an additional 2,705 shares during the period. Fifth Third Bancorp’s holdings in Fair Isaac were worth $3,454,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bayban acquired a new stake in shares of Fair Isaac in the 4th quarter worth approximately $25,000. Physician Wealth Advisors Inc. boosted its position in Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after purchasing an additional 10 shares in the last quarter. Torren Management LLC acquired a new stake in Fair Isaac in the fourth quarter valued at $30,000. Rakuten Securities Inc. grew its holdings in Fair Isaac by 100.0% in the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after purchasing an additional 12 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new position in shares of Fair Isaac in the fourth quarter valued at $42,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 0.0%

FICO opened at $1,257.16 on Monday. The firm has a market cap of $29.15 billion, a P/E ratio of 39.82, a PEG ratio of 1.12 and a beta of 1.29. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The business’s fifty day simple moving average is $1,198.07 and its 200 day simple moving average is $1,259.15.

Fair Isaac (NYSE:FICO) last posted 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 firm had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. During the same quarter last year, the business posted $7.81 EPS. The firm’s quarterly 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 expect that Fair Isaac Corporation will post 38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. 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 objective on shares of Fair Isaac in a research note on Wednesday, April 29th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Needham & Company LLC restated a “buy” rating and set a $1,650.00 target price on shares of Fair Isaac in a research report on Tuesday, June 9th. Finally, Weiss Ratings raised shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,627.93.

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.