Havemeyer Place LP Takes Position in Fair Isaac Corporation $FICO

Havemeyer Place LP acquired a new stake in shares of Fair Isaac Corporation (NYSE:FICO) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 518 shares of the technology company’s stock, valued at approximately $876,000.

Several other hedge funds have also recently made changes to their positions in FICO. Physician Wealth Advisors Inc. raised its holdings in shares of Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after purchasing an additional 10 shares during the last quarter. Torren Management LLC purchased a new position in shares of Fair Isaac during the fourth quarter valued at approximately $30,000. Elyxium Wealth LLC purchased a new position in shares of Fair Isaac during the fourth quarter valued at approximately $42,000. Rakuten Securities Inc. raised its holdings in shares of Fair Isaac by 100.0% during the second quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after purchasing an additional 12 shares during the last quarter. Finally, JPL Wealth Management LLC purchased a new stake in Fair Isaac during the third quarter valued at approximately $46,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,209.92 on Tuesday. The firm has a fifty day moving average price of $1,107.87 and a 200-day moving average price of $1,375.28. The stock has a market cap of $28.06 billion, a PE ratio of 38.33, a price-to-earnings-growth ratio of 1.00 and a beta of 1.28. Fair Isaac Corporation has a 1 year low of $870.01 and a 1 year high of $1,998.01.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. The firm had revenue of $691.68 million during the quarter, compared to analysts’ expectations of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The company’s revenue for the quarter was up 38.7% compared to the same quarter last year. During the same period in the prior year, the company posted $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, research analysts expect that Fair Isaac Corporation will post 38.06 EPS for the current year.

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

Analyst Ratings Changes

A number of analysts have commented on FICO shares. Jefferies Financial Group reduced their target price on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a report on Monday, May 4th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Bank of America reduced their target price on shares of 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. Needham & Company LLC reduced their target price on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Barclays reduced their target price on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a report on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,619.36.

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.