Petrus Trust Company LTA Acquires New Stake in Fair Isaac Corporation $FICO

Key Points

• Petrus Trust Company LTA acquired 25,470 FICO shares during the second quarter, valued at approximately $30.4 million. The position represents about 2.9% of the fund’s holdings and 0.12% of Fair Isaac’s outstanding shares.
• Institutional ownership remains high at 85.75%, while analysts maintain a generally positive outlook: 11 rate FICO a Buy and five rate it a Hold, resulting in a “Moderate Buy” consensus and a $1,553.69 target price.
• Fair Isaac exceeded quarterly EPS expectations, reporting $12.18 versus $11.76 expected, while revenue rose 25.7% year over year to $674.19 million, slightly below estimates.

Petrus Trust Company LTA purchased a new stake in Fair Isaac Corporation (NYSE:FICO - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 25,470 shares of the technology company's stock, valued at approximately $30,431,000. Fair Isaac comprises approximately 2.9% of Petrus Trust Company LTA's holdings, making the stock its 11th largest position. Petrus Trust Company LTA owned about 0.12% of Fair Isaac as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Philadelphia Financial Management of San Francisco LLC acquired a new position in shares of Fair Isaac in the second quarter worth approximately $8,769,685,000. Bamco Inc. NY acquired a new stake in Fair Isaac during the 2nd quarter valued at approximately $35,542,000. Bank of America Corp DE acquired a new stake in Fair Isaac during the 2nd quarter valued at approximately $95,051,000. Strategic Global Advisors LLC bought a new position in Fair Isaac during the 2nd quarter worth approximately $4,349,000. Finally, Caisse de depot et placement du Quebec acquired a new position in shares of Fair Isaac in the 2nd quarter worth approximately $521,000. 85.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of analyst reports. Wall Street Zen lowered shares of Fair Isaac from a "buy" rating to a "hold" rating in a research note on Sunday, June 28th. Needham & Company LLC restated a "buy" rating and issued a $1,650.00 target price on shares of Fair Isaac in a report on Thursday, July 30th. Weiss Ratings downgraded Fair Isaac from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Wells Fargo & Company boosted their price objective on Fair Isaac from $1,400.00 to $1,450.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. Finally, Jefferies Financial Group set a $1,675.00 target price on Fair Isaac in a research report on Monday, August 3rd. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,553.69.

Fair Isaac Price Performance

FICO stock opened at $1,132.75 on Thursday. The stock has a market capitalization of $24.47 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 1.02 and a beta of 1.30. The company's 50-day moving average is $1,172.07 and its 200-day moving average is $1,177.39. 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 issued its earnings results on Wednesday, July 29th. The technology company reported $12.18 EPS for the quarter, beating analysts' consensus estimates of $11.76 by $0.42. The business had revenue of $674.19 million during the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The firm's revenue was up 25.7% compared to the same quarter last year. During the same period in the previous year, the company posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, analysts anticipate that Fair Isaac Corporation will post 37.37 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director owned 498 shares of the company's stock, valued at approximately $697,200. This trade represents a 66.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is currently owned by corporate insiders.

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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