Resona Asset Management Co. Ltd. Has $13.15 Million Position in Fair Isaac Corporation $FICO

Resona Asset Management Co. Ltd. cut its position in Fair Isaac Corporation (NYSE:FICO) by 5.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,713 shares of the technology company’s stock after selling 460 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Fair Isaac were worth $13,149,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings 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 purchasing an additional 3,326,972 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Fair Isaac by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after purchasing an additional 72,224 shares during the last quarter. Capital World Investors grew its holdings 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 purchasing an additional 725,432 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Fair Isaac by 13.4% during the 4th quarter. Principal Financial Group Inc. now owns 458,085 shares of the technology company’s stock valued at $774,518,000 after purchasing an additional 53,980 shares during the last quarter. Finally, Capital International Investors grew its holdings in shares of Fair Isaac by 402.8% during the 3rd quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock valued at $565,513,000 after purchasing an additional 302,734 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,230.41 on Thursday. The firm’s fifty day moving average is $1,079.45 and its 200-day moving average is $1,419.17. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The firm has a market cap of $28.53 billion, a P/E ratio of 38.97, a P/E/G ratio of 1.05 and a beta of 1.24.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating 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 company had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same period in the prior year, the firm posted $7.81 EPS. The company’s quarterly 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 anticipate that Fair Isaac Corporation will post 37.99 earnings per share for the current year.

Fair Isaac declared that its board has initiated a share buyback plan on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to buy up to 5.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at Fair Isaac

In other news, Director Eva Manolis sold 520 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total value of $638,367.60. Following the sale, the director directly owned 344 shares of the company’s stock, valued at approximately $422,304.72. This represents a 60.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 3.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on FICO shares. The Goldman Sachs Group decreased their price target on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. JPMorgan Chase & Co. decreased their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. 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 on the stock in a report on Monday, May 4th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a report on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.