OMERS ADMINISTRATION Corp Invests $3.35 Million in Fair Isaac Corporation $FICO

OMERS ADMINISTRATION Corp bought a new position in shares of Fair Isaac Corporation (NYSE:FICO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,808 shares of the technology company’s stock, valued at approximately $3,355,000.

Other institutional investors have also made changes to their positions in the company. XXEC Inc. acquired a new position in Fair Isaac in the 2nd quarter valued at about $33,189,000. Northwestern Mutual Wealth Management Co. raised 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 acquiring an additional 3,326,972 shares during the period. BlackRock Inc. acquired a new stake in Fair Isaac during the second quarter worth approximately $2,491,517,000. Capital Research Global Investors bought a new stake in shares of Fair Isaac during the fourth quarter worth approximately $516,615,000. Finally, Norges Bank bought a new stake in shares of Fair Isaac during the fourth quarter worth approximately $490,209,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Trading Down 2.4%

NYSE FICO opened at $1,138.87 on Wednesday. The company has a market cap of $24.60 billion, a price-to-earnings ratio of 32.90, a PEG ratio of 1.05 and a beta of 1.30. The company has a 50 day moving average of $1,171.94 and a 200-day moving average of $1,178.95. 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 issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.The business had revenue of $674.19 million for the quarter, compared to the consensus estimate of $679.17 million. During the same quarter in the prior year, the business posted $8.57 earnings per share. The firm’s quarterly revenue was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, equities research analysts forecast that Fair Isaac Corporation will post 37.37 earnings per share for the current year.

Insider Activity

In related news, Director Eva Manolis sold 967 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the transaction, the director owned 498 shares in the company, valued at approximately $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on FICO shares. Wells Fargo & Company increased their target price on Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. decreased their price objective on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. UBS Group dropped their target price on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada reduced their target price on shares of 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 analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,553.69.

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.