Franklin Resources Inc. Sells 18,287 Shares of Fair Isaac Corporation $FICO

Franklin Resources Inc. decreased its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 11.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 135,458 shares of the technology company’s stock after selling 18,287 shares during the quarter. Franklin Resources Inc.’s holdings in Fair Isaac were worth $229,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. Northwestern Mutual Wealth Management Co. raised its position in shares of Fair Isaac by 480,776.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after acquiring an additional 3,326,972 shares during the last quarter. Capital World Investors raised its position in shares of Fair Isaac by 874.4% during the 3rd quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after acquiring an additional 725,432 shares during the last quarter. Capital Research Global Investors bought a new stake in shares of Fair Isaac during the 4th quarter valued at $516,615,000. Capital International Investors grew its holdings in shares of Fair Isaac by 402.8% in the 3rd quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock valued at $565,513,000 after buying an additional 302,734 shares during the period. Finally, Norges Bank acquired a new position in shares of Fair Isaac in the 4th quarter valued at $490,209,000. Institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group decreased their price target 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. Bank of America decreased their price target on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Barclays decreased their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a report on Friday, April 10th. UBS Group decreased 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. Finally, Needham & Company LLC reissued a “buy” rating and issued a $1,650.00 price target on shares of Fair Isaac in a report on Tuesday. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $1,619.36.

Fair Isaac Stock Up 1.4%

Shares of FICO stock opened at $1,224.37 on Wednesday. Fair Isaac Corporation has a 12-month low of $870.01 and a 12-month high of $1,998.01. The firm has a market capitalization of $28.39 billion, a price-to-earnings ratio of 38.78, a price-to-earnings-growth ratio of 1.07 and a beta of 1.28. The firm has a fifty day moving average of $1,112.11 and a 200-day moving average of $1,371.67.

Fair Isaac (NYSE:FICO) last announced 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. The firm had revenue of $691.68 million during 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 revenue for the quarter was up 38.7% compared to the same quarter last year. During the same period in the prior year, the business earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Research analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

Fair Isaac announced that its Board of Directors has approved a share repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is 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.