Fair Isaac Corporation $FICO Stock Position Lifted by King Luther Capital Management Corp

Key Points

• King Luther Capital Management increased its Fair Isaac stake by 44.2% in the fourth quarter, buying 4,524 additional shares and bringing its total holdings to 14,761 shares worth about $24.96 million.
• Fair Isaac reported strong quarterly results, with EPS of $12.50 beating estimates of $11.03 and revenue of $691.68 million topping expectations. Revenue rose 38.7% year over year.
• The company has also authorized a $1.5 billion share buyback, and analysts currently rate the stock a “Moderate Buy” on average with a consensus target price of $1,619.36.

King Luther Capital Management Corp boosted its stake in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 44.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,761 shares of the technology company's stock after purchasing an additional 4,524 shares during the period. King Luther Capital Management Corp owned about 0.06% of Fair Isaac worth $24,955,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Heartland Bank & Trust Co grew its position in Fair Isaac by 1.3% during the third quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company's stock valued at $694,000 after purchasing an additional 6 shares in the last quarter. GW&K Investment Management LLC grew its position in Fair Isaac by 4.6% during the third quarter. GW&K Investment Management LLC now owns 136 shares of the technology company's stock valued at $204,000 after purchasing an additional 6 shares in the last quarter. Great Lakes Advisors LLC grew its position in Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company's stock valued at $207,000 after purchasing an additional 6 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in Fair Isaac by 1.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 367 shares of the technology company's stock worth $620,000 after acquiring an additional 7 shares in the last quarter. Finally, San Luis Wealth Advisors LLC grew its position in Fair Isaac by 2.8% in the third quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company's stock worth $379,000 after acquiring an additional 7 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Trading Up 1.5%

NYSE FICO opened at $1,278.86 on Thursday. The company has a fifty day simple moving average of $1,087.79 and a 200 day simple moving average of $1,405.23. The company has a market cap of $29.66 billion, a P/E ratio of 40.51, a P/E/G ratio of 1.11 and a beta of 1.24. Fair Isaac Corporation has a 1 year low of $870.01 and a 1 year high of $1,998.01.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $691.68 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 38.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities research analysts forecast that Fair Isaac Corporation will post 37.99 EPS for the current fiscal year.

Fair Isaac announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

Analyst Ratings Changes

FICO has been the subject of several recent research reports. UBS Group decreased their target price on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a "neutral" rating for the company in a research report on Thursday, April 23rd. Mizuho initiated coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They issued an "outperform" rating and a $1,416.00 target price for the company. The Goldman Sachs Group decreased their target price on shares of 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. Raymond James Financial reissued an "outperform" rating and issued a $1,750.00 target price on shares of Fair Isaac in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. decreased their target price 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. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, Fair Isaac presently has an average rating of "Moderate Buy" and an average target price of $1,619.36.

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.

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