XXEC Inc. Has $5.45 Million Holdings in Fair Isaac Corporation $FICO

XXEC Inc. grew its position in Fair Isaac Corporation (NYSE:FICO) by 500.0% in the first quarter, Holdings Channel reports. The fund owned 5,106 shares of the technology company’s stock after acquiring an additional 4,255 shares during the quarter. Fair Isaac accounts for 1.1% of XXEC Inc.’s portfolio, making the stock its 19th largest holding. XXEC Inc.’s holdings in Fair Isaac were worth $5,451,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

Several research firms have recently issued reports on FICO. Jefferies Financial Group lowered their price objective on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Weiss Ratings lowered shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, June 24th. Wall Street Zen lowered shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday. Robert W. Baird set a $1,549.00 price target on shares of Fair Isaac in a research report on Wednesday, April 29th. Finally, The Goldman Sachs Group dropped their price target on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and an average price target of $1,626.50.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,198.26 on Wednesday. The stock’s 50 day moving average is $1,142.31 and its 200 day moving average is $1,306.08. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01. The firm has a market cap of $27.79 billion, a P/E ratio of 37.96, a P/E/G ratio of 1.04 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last released its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share 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 during the quarter, compared to the consensus estimate of $630.21 million. During the same quarter in the prior year, the firm posted $7.81 EPS. The company’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. Equities analysts anticipate that Fair Isaac Corporation will post 38.06 earnings per share 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.