Burney Co. Reduces Position in Fair Isaac Corporation $FICO

Burney Co. reduced its stake in Fair Isaac Corporation (NYSE:FICO) by 67.7% during the 1st quarter, Holdings Channel reports. The fund owned 4,212 shares of the technology company’s stock after selling 8,848 shares during the period. Burney Co.’s holdings in Fair Isaac were worth $4,496,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Fair Isaac by 480,776.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after purchasing an additional 3,326,972 shares in the last quarter. Capital World Investors lifted its stake in shares of Fair Isaac by 874.4% during the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after buying an additional 725,432 shares during the period. Capital Research Global Investors acquired a new stake in Fair Isaac during the fourth quarter worth approximately $516,615,000. Capital International Investors grew its stake in Fair Isaac by 402.8% in the 3rd quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock worth $565,513,000 after acquiring an additional 302,734 shares during the period. Finally, Norges Bank purchased a new position in shares of Fair Isaac during the 4th quarter worth $490,209,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of a number of recent analyst reports. Bank of America lowered their price objective on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Jefferies Financial Group lowered their price target on 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. Wells Fargo & Company cut their price objective on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Weiss Ratings cut shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, June 24th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,627.93.

Fair Isaac Stock Up 1.2%

Shares of FICO stock opened at $1,301.70 on Wednesday. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The firm’s 50 day moving average price is $1,167.90 and its two-hundred day moving average price is $1,287.12. The stock has a market cap of $30.19 billion, a price-to-earnings ratio of 41.23, a price-to-earnings-growth ratio of 1.14 and a beta of 1.29.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The business had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. During the same quarter last year, the firm posted $7.81 EPS. The business’s revenue for the quarter was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, equities analysts forecast that Fair Isaac Corporation will post 38.06 EPS 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.