The Manufacturers Life Insurance Company Buys New Holdings in Fair Isaac Corporation $FICO

Key Points

• The Manufacturers Life Insurance Company initiated a 11,582-share position in Fair Isaac worth approximately $13.8 million, while institutional investors collectively own 85.75% of FICO.
• Analysts maintain a generally positive outlook, with an average rating of “Moderate Buy” and a consensus price target of $1,553.69, despite several recent target reductions.
• 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.

The Manufacturers Life Insurance Company purchased a new position in Fair Isaac Corporation (NYSE:FICO - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,582 shares of the technology company's stock, valued at approximately $13,838,000. The Manufacturers Life Insurance Company owned 0.05% of Fair Isaac at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. XXEC Inc. purchased a new stake in shares of Fair Isaac in the 2nd quarter valued at $33,189,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fair Isaac by 480,776.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company's stock worth $5,625,815,000 after purchasing an additional 3,326,972 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Fair Isaac during the second quarter worth $2,491,517,000. Capital Research Global Investors acquired a new position in Fair Isaac during the fourth quarter valued at $516,615,000. Finally, Norges Bank acquired a new position in Fair Isaac during the fourth quarter valued at $490,209,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director owned 498 shares in the company, valued at approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on FICO shares. Needham & Company LLC reaffirmed a "buy" rating and set a $1,650.00 price target on shares of Fair Isaac in a research report on Thursday, July 30th. Bank of America decreased their price objective on Fair Isaac from $1,550.00 to $1,400.00 and set a "buy" rating for the company in a report on Tuesday, May 19th. Weiss Ratings downgraded Fair Isaac from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, July 30th. Wall Street Zen lowered Fair Isaac from a "buy" rating to a "hold" rating in a report on Sunday, June 28th. Finally, Royal Bank Of Canada reduced their price target on Fair Isaac from $2,400.00 to $1,525.00 and set an "outperform" rating for the company in a research report on Thursday, July 30th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Fair Isaac has an average rating of "Moderate Buy" and a consensus target price of $1,553.69.

Fair Isaac Stock Performance

FICO stock opened at $1,154.38 on Friday. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The firm's fifty day moving average is $1,174.41 and its 200 day moving average is $1,175.59. The firm has a market cap of $24.93 billion, a PE ratio of 33.34, a P/E/G ratio of 1.04 and a beta of 1.30.

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

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