Bank of New York Mellon Corp Has $226.23 Million Stake in Fair Isaac Corporation $FICO

Bank of New York Mellon Corp boosted its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 133,812 shares of the technology company’s stock after buying an additional 3,645 shares during the quarter. Bank of New York Mellon Corp owned about 0.56% of Fair Isaac worth $226,226,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. increased 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 buying an additional 10 shares during the last quarter. Torren Management LLC acquired a new position in Fair Isaac during the fourth quarter worth $30,000. Cornerstone Planning Group LLC increased its position in Fair Isaac by 280.0% during the third quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock worth $30,000 after buying an additional 14 shares during the last quarter. Rakuten Securities Inc. increased its position 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 buying an additional 12 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new position in Fair Isaac during the fourth quarter worth $42,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,140.90 on Friday. The company has a market cap of $26.46 billion, a P/E ratio of 36.14, a P/E/G ratio of 1.03 and a beta of 1.28. The stock’s 50-day moving average is $1,104.45 and its 200-day moving average is $1,381.60. 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 issued its quarterly 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. 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 for the quarter, compared to the consensus estimate of $630.21 million. During the same period last year, the business posted $7.81 earnings per share. 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 announced that its board has authorized a stock buyback plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Weiss Ratings downgraded shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Bank of America lowered their price target on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. UBS Group lowered their price target on Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,750.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Finally, Wall Street Zen downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,619.36.

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.