Empowered Funds LLC Buys Shares of 2,771 Fair Isaac Corporation $FICO

Key Points

• Empowered Funds LLC bought 2,771 Fair Isaac shares during the second quarter, valued at approximately $3.31 million. Institutional investors and hedge funds collectively own 85.75% of FICO.
• Fair Isaac reported quarterly EPS of $12.18, beating estimates of $11.76, while revenue rose 25.7% year over year to $674.19 million, slightly below expectations.
• Analysts maintain a generally positive view, with 11 Buy ratings and five Holds; the consensus price target is $1,553.69 versus a recent share price of $1,103.32.

Empowered Funds LLC bought a new position in Fair Isaac Corporation (NYSE:FICO - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 2,771 shares of the technology company's stock, valued at approximately $3,311,000.

Several other institutional investors and hedge funds have also recently modified their holdings of FICO. XXEC Inc. acquired a new stake in Fair Isaac during the second quarter worth about $33,189,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Fair Isaac by 480,776.3% in 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. BlackRock Inc. purchased a new stake in shares of Fair Isaac in the 2nd quarter valued at approximately $2,491,517,000. Capital World Investors grew its stake in shares of Fair Isaac by 10.7% in the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company's stock valued at $1,512,417,000 after buying an additional 86,200 shares during the period. Finally, Geode Capital Management LLC increased its holdings 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 worth $1,213,620,000 after buying an additional 8,886 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,103.32 on Wednesday. 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 50 day moving average price of $1,175.61 and a 200 day moving average price of $1,170.73. The stock has a market capitalization of $23.83 billion, a P/E ratio of 31.87, a PEG ratio of 1.03 and a beta of 1.30.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The company had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same quarter in the previous year, the company earned $8.57 earnings per share. The firm's quarterly revenue was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Research analysts forecast that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on FICO shares. Royal Bank Of Canada reduced their price target on shares of Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating on the stock in a research report on Thursday, July 30th. Bank of America cut their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating for the company in a research note on Tuesday, May 19th. Barclays reduced their target price on Fair Isaac from $1,950.00 to $1,700.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. Wells Fargo & Company increased their price target on Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Finally, UBS Group cut their price objective on Fair Isaac from $1,200.00 to $1,130.00 and set a "neutral" rating for the company in a research report on Wednesday, August 12th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,553.69.

Insider Activity

In related news, Director Eva Manolis sold 967 shares of the business's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the sale, the director owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company's stock.

About Fair Isaac

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.

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