Focus Partners Wealth Has $77.17 Million Stock Position in Fair Isaac Corporation $FICO

Focus Partners Wealth grew its stake in Fair Isaac Corporation (NYSE:FICOFree Report) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 45,649 shares of the technology company’s stock after buying an additional 965 shares during the period. Focus Partners Wealth’s holdings in Fair Isaac were worth $77,170,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in FICO. Natixis Advisors LLC grew its stake in shares of Fair Isaac by 28.9% in the third quarter. Natixis Advisors LLC now owns 14,721 shares of the technology company’s stock valued at $22,030,000 after acquiring an additional 3,302 shares in the last quarter. Soltis Investment Advisors LLC bought a new stake in Fair Isaac during the fourth quarter worth $2,379,000. Jefferies Financial Group Inc. bought a new stake in Fair Isaac during the third quarter worth $1,580,000. Akre Capital Management LLC lifted its stake in Fair Isaac by 2,751.4% during the third quarter. Akre Capital Management LLC now owns 260,849 shares of the technology company’s stock worth $390,368,000 after purchasing an additional 251,701 shares during the last quarter. Finally, Brighton Jones LLC lifted its stake in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the subject of several recent analyst reports. The Goldman Sachs Group cut their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. UBS Group lowered their price target on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Mizuho assumed coverage on shares of Fair Isaac in a report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 price target for the company. Finally, JPMorgan Chase & Co. decreased their price objective on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,619.36.

Read Our Latest Analysis on Fair Isaac

Fair Isaac Trading Down 0.2%

Shares of Fair Isaac stock opened at $1,177.22 on Monday. The business has a 50-day moving average price of $1,120.24 and a two-hundred day moving average price of $1,359.91. Fair Isaac Corporation has a 1-year low of $870.01 and a 1-year high of $1,998.01. The company has a market cap of $27.30 billion, a P/E ratio of 37.29, a PEG ratio of 1.04 and a beta of 1.28.

Fair Isaac (NYSE:FICOGet Free Report) last issued its quarterly 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 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 the consensus estimate of $630.21 million. During the same period last year, the business posted $7.81 EPS. The business’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. Equities research analysts forecast that Fair Isaac Corporation will post 38.06 EPS for the current fiscal year.

Fair Isaac declared that its board has initiated a share buyback 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 shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

About Fair Isaac

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Corporation (NYSE:FICOFree Report).

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.