TD Asset Management Inc Decreases Stock Holdings in Fair Isaac Corporation $FICO

TD Asset Management Inc trimmed its position in Fair Isaac Corporation (NYSE:FICO) by 22.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,723 shares of the technology company’s stock after selling 2,529 shares during the quarter. TD Asset Management Inc’s holdings in Fair Isaac were worth $14,747,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Physician Wealth Advisors Inc. increased its stake in shares of Fair Isaac by 166.7% in the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after buying an additional 10 shares during the period. Torren Management LLC purchased a new position in shares of Fair Isaac in the fourth quarter worth $30,000. Elyxium Wealth LLC purchased a new position in shares of Fair Isaac in the fourth quarter worth $42,000. Rakuten Securities Inc. increased its stake in shares of Fair Isaac by 100.0% in the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after buying an additional 12 shares during the period. Finally, JPL Wealth Management LLC purchased a new position in shares of Fair Isaac in the third quarter worth $46,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on FICO shares. Jefferies Financial Group reduced their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Weiss Ratings upgraded shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. UBS Group dropped their target price on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Barclays dropped their target price on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Finally, JPMorgan Chase & Co. dropped their target price 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. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,619.36.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,209.92 on Tuesday. The stock has a market cap of $28.06 billion, a price-to-earnings ratio of 38.33, a PEG ratio of 1.00 and a beta of 1.28. The firm’s 50-day moving average is $1,107.87 and its 200 day moving average is $1,375.28. Fair Isaac Corporation has a 1 year low of $870.01 and a 1 year high of $1,998.01.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. The company had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. Fair Isaac’s revenue was up 38.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, equities analysts expect that Fair Isaac Corporation will post 38.06 EPS for the current fiscal year.

Fair Isaac declared that its Board of Directors has initiated a share buyback program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

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.