305,577 Shares in Fair Isaac Corporation $FICO Purchased by Capital Research Global Investors

Capital Research Global Investors bought a new stake in Fair Isaac Corporation (NYSE:FICO) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 305,577 shares of the technology company’s stock, valued at approximately $516,615,000. Capital Research Global Investors owned approximately 1.29% of Fair Isaac at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Capital International Sarl increased its holdings in Fair Isaac by 5.7% in the fourth quarter. Capital International Sarl now owns 466 shares of the technology company’s stock valued at $788,000 after buying an additional 25 shares in the last quarter. Capital International Inc. CA increased its holdings in Fair Isaac by 2.1% in the fourth quarter. Capital International Inc. CA now owns 5,143 shares of the technology company’s stock valued at $8,695,000 after buying an additional 104 shares in the last quarter. Capital International Investors increased its holdings in Fair Isaac by 0.8% in the fourth quarter. Capital International Investors now owns 380,750 shares of the technology company’s stock valued at $643,704,000 after buying an additional 2,867 shares in the last quarter. Havemeyer Place LP purchased a new position in Fair Isaac in the fourth quarter valued at about $876,000. Finally, BI Asset Management Fondsmaeglerselskab A S increased its holdings in Fair Isaac by 0.8% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 8,195 shares of the technology company’s stock valued at $13,855,000 after buying an additional 69 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. The Goldman Sachs Group dropped their target price on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Needham & Company LLC dropped their target price on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Mizuho assumed coverage on shares of Fair Isaac in a report on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 target price for the company. Jefferies Financial Group dropped their target price on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a report on Monday, May 4th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $1,750.00 target price on shares of Fair Isaac in a report on Wednesday, April 29th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,619.36.

Fair Isaac Price Performance

FICO stock opened at $1,140.90 on Monday. The company’s 50 day simple moving average is $1,104.45 and its 200-day simple moving average is $1,378.91. The firm has a market capitalization of $26.46 billion, a PE ratio of 36.14, a P/E/G ratio of 1.00 and a beta of 1.28. Fair Isaac Corporation has a 12 month low of $870.01 and a 12 month high of $1,998.01.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating the consensus estimate of $11.03 by $1.47. The business had revenue of $691.68 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 38.7% on a year-over-year basis. During the same period in the prior year, the business earned $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, sell-side analysts anticipate that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

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

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.