Sumitomo Mitsui Trust Group Inc. Sells 3,626 Shares of Fair Isaac Corporation $FICO

Key Points

• Sumitomo Mitsui Trust Group cut its Fair Isaac stake by 7%, selling 3,626 shares in the third quarter; it held 48,011 shares valued at about $28.4 million after the sale.
• Fair Isaac beat quarterly estimates, reporting EPS of $11.10 and revenue of $657.05 million, up 27.4% year over year.
• Analyst sentiment is mixed, with a consensus “Hold” rating and a $922.75 price target; several firms recently lowered their targets, while FICO withheld fiscal 2027 guidance amid uncertainty over a mortgage-pricing change.

Sumitomo Mitsui Trust Group Inc. lowered its position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 7.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,011 shares of the technology company's stock after selling 3,626 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.22% of Fair Isaac worth $28,445,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FICO. XXEC Inc. bought a new stake in Fair Isaac in the 2nd quarter valued at $33,189,000. BlackRock Inc. bought a new position in Fair Isaac during the 2nd quarter worth $2,491,517,000. Primecap Management Co. CA bought a new position in Fair Isaac during the 2nd quarter worth $433,508,000. Legal & General Group Plc acquired a new stake in shares of Fair Isaac during the second quarter worth $173,157,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Fair Isaac during the second quarter worth $152,357,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of recent research reports. BMO Capital Markets reduced their target price on shares of Fair Isaac from $1,150.00 to $897.00 and set an "outperform" rating for the company in a research report on Monday, October 26th. Zacks Research lowered shares of Fair Isaac from a "hold" rating to a "strong sell" rating in a research report on Wednesday, October 7th. Mizuho set a $986.00 price objective on shares of Fair Isaac in a research note on Monday, October 26th. Wells Fargo & Company cut their price objective on shares of Fair Isaac from $735.00 to $650.00 and set an "equal weight" rating for the company in a report on Thursday. Finally, JPMorgan Chase & Co. cut their price objective on shares of Fair Isaac from $900.00 to $800.00 and set a "neutral" rating for the company in a report on Thursday. Nine equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $922.75.

Fair Isaac Price Performance

Fair Isaac stock opened at $708.25 on Friday. The firm has a market cap of $15.30 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 0.85 and a beta of 1.36. The stock's fifty day moving average price is $836.72 and its two-hundred day moving average price is $1,111.06. Fair Isaac Corporation has a one year low of $586.05 and a one year high of $1,858.91.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Wednesday, November 4th. The technology company reported $11.10 earnings per share for the quarter, beating analysts' consensus estimates of $10.69 by $0.41. The firm had revenue of $657.05 million during the quarter, compared to the consensus estimate of $651.73 million. Fair Isaac had a negative return on equity of 31.37% and a net margin of 32.94%. The company's revenue was up 27.4% compared to the same quarter last year. During the same period in the prior year, the company posted $7.74 EPS. Sell-side analysts expect that Fair Isaac Corporation will post 40.03 earnings per share for the current fiscal year.

Fair Isaac News Summary

Here are the key news stories impacting Fair Isaac this week:

• Positive Sentiment: FICO reported quarterly earnings of $11.10 per share and revenue of $657.05 million, beating analyst estimates. Revenue grew 27.4% year over year, with scores, pricing and software growth contributing. Read More.
• Positive Sentiment: Management also highlighted software-platform growth, wider score adoption and strong cash flow. More lenders joined FICO’s Preferred Program, and a regional lender upgraded to Auto Score 10, supporting continued product adoption. Read More. · Read More.
• Negative Sentiment: FICO withheld fiscal 2027 guidance amid uncertainty as it shifts mortgage-origination pricing from a flat fee to customer-specific pricing. Investors lack visibility into the effect on revenue, while a low-priced competitor adds pressure to assess FICO’s pricing power. Read More.
• Negative Sentiment: Several firms cut their price targets, reflecting a more cautious outlook: JPMorgan lowered its target to $800 from $900 and moved to neutral; Barclays cut to $800 from $875 but kept an overweight rating; Needham reduced its target to $925 from $1,100 while retaining a buy rating; and Wells Fargo lowered its target to $650 from $735. Read More. · Read More. · Read More. · Read More.

Fair Isaac Profile

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO's offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.

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