Bowen Hanes & Co. Inc. Has $55.24 Million Holdings in Fair Isaac Corporation $FICO

Bowen Hanes & Co. Inc. lifted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,220 shares of the technology company’s stock after acquiring an additional 220 shares during the quarter. Bowen Hanes & Co. Inc.’s holdings in Fair Isaac were worth $55,241,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FICO. Brighton Jones LLC raised its position in Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Fair Isaac by 11.1% during the first quarter. Venturi Wealth Management LLC now owns 110 shares of the technology company’s stock worth $203,000 after purchasing an additional 11 shares during the last quarter. Pinnacle Associates Ltd. grew its holdings in shares of Fair Isaac by 5.6% during the first quarter. Pinnacle Associates Ltd. now owns 171 shares of the technology company’s stock worth $315,000 after purchasing an additional 9 shares during the last quarter. Journey Strategic Wealth LLC increased its stake in shares of Fair Isaac by 5.3% in the first quarter. Journey Strategic Wealth LLC now owns 579 shares of the technology company’s stock valued at $1,068,000 after buying an additional 29 shares during the period. Finally, Lifeworks Advisors LLC raised its holdings in Fair Isaac by 23.3% in the 1st quarter. Lifeworks Advisors LLC now owns 196 shares of the technology company’s stock valued at $361,000 after buying an additional 37 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on FICO. Seaport Res Ptn upgraded shares of Fair Isaac to a “strong-buy” rating in a research report on Wednesday, October 1st. Zacks Research raised shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. UBS Group raised their target price on Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research report on Monday, September 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fair Isaac in a report on Wednesday. Finally, JPMorgan Chase & Co. upped their price target on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,118.50.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 2,400 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total transaction of $4,158,912.00. Following the completion of the sale, the chief executive officer owned 10,933 shares of the company’s stock, valued at $18,945,577.04. This trade represents a 18.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders have sold 20,432 shares of company stock worth $32,252,997. Company insiders own 3.46% of the company’s stock.

Fair Isaac Trading Up 3.9%

FICO stock opened at $1,787.96 on Friday. The firm has a market cap of $42.39 billion, a PE ratio of 69.92, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. The stock has a 50-day moving average price of $1,651.24 and a 200-day moving average price of $1,655.02. Fair Isaac Corporation has a 1-year low of $1,300.00 and a 1-year high of $2,400.00.

Fair Isaac (NYSE:FICO) last announced its earnings results on Wednesday, November 5th. The technology company reported $7.74 EPS for the quarter, beating the consensus estimate of $7.36 by $0.38. The company had revenue of $515.75 million for the quarter, compared to analyst estimates of $512.38 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $6.54 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.