Fair Isaac Corporation $FICO Shares Acquired by CIBC Asset Management Inc

CIBC Asset Management Inc lifted its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 66.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,634 shares of the technology company’s stock after acquiring an additional 2,249 shares during the quarter. CIBC Asset Management Inc’s holdings in Fair Isaac were worth $9,525,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FICO. Physician Wealth Advisors Inc. grew its position in Fair Isaac by 166.7% in 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. Cornerstone Planning Group LLC grew its position in Fair Isaac by 280.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 19 shares of the technology company’s stock worth $30,000 after purchasing an additional 14 shares in the last quarter. Torren Management LLC purchased a new position in Fair Isaac during the 4th quarter worth approximately $30,000. Westside Investment Management Inc. grew its position in Fair Isaac by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 28 shares of the technology company’s stock worth $42,000 after purchasing an additional 14 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new position in Fair Isaac during the 4th quarter worth approximately $42,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,140.90 on Friday. The firm has a market cap of $26.46 billion, a price-to-earnings ratio of 36.14, a P/E/G ratio of 1.03 and a beta of 1.28. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The firm has a fifty day moving average price of $1,104.45 and a two-hundred day moving average price of $1,381.60.

Fair Isaac (NYSE:FICO) last released its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The firm had revenue of $691.68 million during the quarter, compared to analyst estimates of $630.21 million. During the same quarter in the previous year, the business earned $7.81 EPS. The business’s 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. As a group, sell-side analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

Fair Isaac declared that its board has initiated a stock repurchase program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

FICO has been the topic of several research analyst reports. Barclays lowered their price objective on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research report on Friday, April 10th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. JPMorgan Chase & Co. lowered their price objective on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Weiss Ratings cut shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Finally, Needham & Company LLC lowered their price objective on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $1,619.36.

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.