Fair Isaac Corporation $FICO Holdings Boosted by Alberta Investment Management Corp

Alberta Investment Management Corp grew its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 21.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,900 shares of the technology company’s stock after purchasing an additional 700 shares during the quarter. Alberta Investment Management Corp’s holdings in Fair Isaac were worth $6,593,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Physician Wealth Advisors Inc. increased its holdings in shares of Fair Isaac by 166.7% in the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after acquiring an additional 10 shares during the period. Torren Management LLC acquired a new position in Fair Isaac during the 4th quarter valued at about $30,000. Rakuten Securities Inc. grew its position in Fair Isaac by 100.0% in the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after purchasing an additional 12 shares during the last quarter. Elyxium Wealth LLC bought a new position in Fair Isaac in the 4th quarter worth about $42,000. Finally, Aventura Private Wealth LLC acquired a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $51,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Price Performance

FICO opened at $1,188.73 on Wednesday. The business has a 50 day moving average price of $1,124.10 and a two-hundred day moving average price of $1,351.18. The company has a market capitalization of $27.57 billion, a price-to-earnings ratio of 37.65, a price-to-earnings-growth ratio of 1.04 and a beta of 1.28. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year 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 analysts’ expectations of $630.21 million. During the same period last year, the firm earned $7.81 EPS. The firm’s revenue for the quarter was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities analysts expect that Fair Isaac Corporation will post 38.06 EPS for the current fiscal year.

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

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price target on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Wells Fargo & Company lowered their target price on Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Bank of America cut their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Finally, Wall Street Zen lowered Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,626.50.

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.