Public Employees Retirement System of Ohio Acquires New Holdings in Fair Isaac Corporation $FICO

Public Employees Retirement System of Ohio bought a new stake in Fair Isaac Corporation (NYSE:FICO) in the 2nd quarter, Holdings Channel.com reports. The fund bought 6,512 shares of the technology company’s stock, valued at approximately $7,780,000.

Several other hedge funds also recently bought and sold shares of FICO. Bayban bought a new position in shares of Fair Isaac during the fourth quarter worth $25,000. Rakuten Securities Inc. raised its stake in Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after buying an additional 12 shares during the period. Elyxium Wealth LLC acquired a new stake in Fair Isaac during the 4th quarter worth $42,000. Keating Financial Advisory Services Inc. bought a new position in Fair Isaac during the second quarter worth about $30,000. Finally, Western Wealth Management LLC acquired a new position in Fair Isaac in the first quarter valued at about $29,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Bank of America lowered their price target 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. UBS Group decreased their price objective on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. Royal Bank Of Canada lowered their target price on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Barclays dropped their target price on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Finally, Jefferies Financial Group set a $1,675.00 price target on shares of Fair Isaac in a report on Monday, August 3rd. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,553.69.

Insiders Place Their Bets

In related news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the transaction, the director directly owned 498 shares in the company, valued at approximately $697,200. The trade was a 66.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,103.32 on Wednesday. The business has a 50-day moving average of $1,175.61 and a 200-day moving average of $1,170.73. The stock has a market capitalization of $23.83 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 1.03 and a beta of 1.30. Fair Isaac Corporation has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same quarter in the previous year, the firm earned $8.57 EPS. The business’s quarterly revenue was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, sell-side analysts expect that Fair Isaac Corporation will post 37.37 EPS for the current year.

Fair Isaac 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.