SG Americas Securities LLC Purchases 2,953 Shares of Fair Isaac Corporation $FICO

SG Americas Securities LLC raised its position in Fair Isaac Corporation (NYSE:FICO) by 29.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 12,854 shares of the technology company’s stock after purchasing an additional 2,953 shares during the period. SG Americas Securities LLC’s holdings in Fair Isaac were worth $13,722,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its holdings 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 valued at $5,625,815,000 after acquiring an additional 3,326,972 shares in the last quarter. Capital World Investors lifted its holdings in Fair Isaac by 874.4% during the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock worth $1,209,784,000 after acquiring an additional 725,432 shares during the period. Capital Research Global Investors purchased a new position in Fair Isaac in the fourth quarter worth $516,615,000. Capital International Investors boosted its position in Fair Isaac by 402.8% in the third quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock worth $565,513,000 after purchasing an additional 302,734 shares during the last quarter. Finally, Norges Bank bought a new position in 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

A number of equities research analysts have recently commented on the company. Weiss Ratings cut Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday. JPMorgan Chase & Co. reduced their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Jefferies Financial Group decreased their price objective 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. Barclays lowered their price objective on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research report on Friday, April 10th. Finally, Wells Fargo & Company dropped their target price on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,626.50.

Fair Isaac Stock Performance

FICO stock opened at $1,179.44 on Friday. The stock has a fifty day moving average of $1,137.56 and a 200-day moving average of $1,317.16. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The company has a market capitalization of $27.35 billion, a price-to-earnings ratio of 37.36, a PEG ratio of 1.01 and a beta of 1.28.

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

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.