Main Street Research LLC Grows Holdings in Fair Isaac Corporation $FICO

Main Street Research LLC boosted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 239.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,464 shares of the technology company’s stock after acquiring an additional 5,972 shares during the period. Main Street Research LLC’s holdings in Fair Isaac were worth $9,036,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FICO. Northwestern Mutual Wealth Management Co. boosted its position in shares of Fair Isaac by 480,776.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after purchasing an additional 3,326,972 shares during the period. Capital World Investors raised its position in shares of Fair Isaac by 10.7% during the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after purchasing an additional 86,200 shares during the period. Geode Capital Management LLC raised its position in shares of Fair Isaac by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after purchasing an additional 8,886 shares during the period. Morgan Stanley lifted its stake in shares of Fair Isaac by 2.3% during the 4th quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock valued at $845,037,000 after buying an additional 11,363 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake 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 buying an additional 53,980 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 0.9%

FICO opened at $1,277.40 on Friday. The firm has a 50-day simple moving average of $1,178.34 and a two-hundred day simple moving average of $1,280.34. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The company has a market capitalization of $29.62 billion, a PE ratio of 40.46, a price-to-earnings-growth ratio of 1.12 and a beta of 1.29.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. During the same period in the previous year, the firm posted $7.81 earnings per share. 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. As a group, sell-side analysts expect that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Jefferies Financial Group cut their price target on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Raymond James Financial restated an “outperform” rating and issued a $1,750.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. Barclays dropped their price objective on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research note on Friday, April 10th. 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 report on Thursday, April 2nd. Finally, Bank of America decreased 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. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $1,627.93.

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.