Principal Financial Group Inc. Increases Stake in Fair Isaac Corporation $FICO

Principal Financial Group Inc. grew its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 8.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 404,105 shares of the technology company’s stock after purchasing an additional 30,253 shares during the quarter. Principal Financial Group Inc. owned approximately 1.68% of Fair Isaac worth $604,819,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. UMB Bank n.a. boosted its position in Fair Isaac by 17.3% during the third quarter. UMB Bank n.a. now owns 122 shares of the technology company’s stock worth $183,000 after acquiring an additional 18 shares during the last quarter. Transcend Capital Advisors LLC raised its holdings in Fair Isaac by 101.0% in the 3rd quarter. Transcend Capital Advisors LLC now owns 577 shares of the technology company’s stock valued at $863,000 after acquiring an additional 290 shares during the last quarter. Keybank National Association OH lifted its stake in Fair Isaac by 2.0% in the 3rd quarter. Keybank National Association OH now owns 1,336 shares of the technology company’s stock worth $1,999,000 after purchasing an additional 26 shares in the last quarter. National Pension Service boosted its holdings in shares of Fair Isaac by 5.9% during the 3rd quarter. National Pension Service now owns 37,938 shares of the technology company’s stock worth $56,775,000 after purchasing an additional 2,113 shares during the last quarter. Finally, Arizona State Retirement System grew its position in shares of Fair Isaac by 0.3% in the third quarter. Arizona State Retirement System now owns 7,159 shares of the technology company’s stock valued at $10,714,000 after purchasing an additional 22 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,463.16 on Friday. The company’s 50 day simple moving average is $1,684.97 and its 200-day simple moving average is $1,603.87. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,217.60. The company has a market capitalization of $34.71 billion, a price-to-earnings ratio of 54.15, a price-to-earnings-growth ratio of 1.60 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The firm had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. During the same quarter last year, the firm earned $5.79 EPS. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 2,400 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total transaction of $4,158,912.00. Following the sale, the chief executive officer owned 10,933 shares of the company’s stock, valued at approximately $18,945,577.04. This represents a 18.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Eva Manolis sold 521 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the completion of the transaction, the director directly owned 344 shares of the company’s stock, valued at approximately $628,085.52. The trade was a 60.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,347 shares of company stock valued at $7,691,229. Corporate insiders own 3.46% of the company’s stock.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Oppenheimer lowered Fair Isaac from an “outperform” rating to a “market perform” rating in a report on Monday, October 13th. Jefferies Financial Group upped their price objective on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. BMO Capital Markets reduced their target price on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $1,975.00 target price on shares of Fair Isaac in a report on Thursday. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,094.08.

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.