Sumitomo Mitsui Trust Group Inc. Sells 3,626 Shares of Fair Isaac Corporation $FICO

Sumitomo Mitsui Trust Group Inc. trimmed its position in Fair Isaac Corporation (NYSE:FICO) by 7.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,011 shares of the technology company’s stock after selling 3,626 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Fair Isaac were worth $28,445,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new stake in Fair Isaac during the second quarter worth $1,737,000. Bank of America Corp DE increased its stake in shares of Fair Isaac by 5.7% in the 1st quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock valued at $142,461,000 after purchasing an additional 7,154 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Fair Isaac during the 2nd quarter worth $67,760,000. Nykredit A S acquired a new position in shares of Fair Isaac during the 2nd quarter worth $10,586,000. Finally, Quantinno Capital Management LP lifted its position in shares of Fair Isaac by 44.9% during the 1st quarter. Quantinno Capital Management LP now owns 15,582 shares of the technology company’s stock worth $16,635,000 after buying an additional 4,830 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

Key Fair Isaac News

Here are the key news stories impacting Fair Isaac this week:

• Positive Sentiment: FICO reported quarterly earnings of $11.10 per share and revenue of $657.05 million, beating analyst estimates. Revenue grew 27.4% year over year, with scores, pricing and software growth contributing. Read More.
• Positive Sentiment: Management also highlighted software-platform growth, wider score adoption and strong cash flow. More lenders joined FICO’s Preferred Program, and a regional lender upgraded to Auto Score 10, supporting continued product adoption. Read More. · Read More.
• Negative Sentiment: FICO withheld fiscal 2027 guidance amid uncertainty as it shifts mortgage-origination pricing from a flat fee to customer-specific pricing. Investors lack visibility into the effect on revenue, while a low-priced competitor adds pressure to assess FICO’s pricing power. Read More.
• Negative Sentiment: Several firms cut their price targets, reflecting a more cautious outlook: JPMorgan lowered its target to $800 from $900 and moved to neutral; Barclays cut to $800 from $875 but kept an overweight rating; Needham reduced its target to $925 from $1,100 while retaining a buy rating; and Wells Fargo lowered its target to $650 from $735. Read More. · Read More. · Read More. · Read More.

Fair Isaac Stock Performance

Shares of FICO opened at $708.25 on Friday. Fair Isaac Corporation has a 52 week low of $586.05 and a 52 week high of $1,858.91. The stock has a market capitalization of $15.30 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 0.85 and a beta of 1.36. The stock has a fifty day moving average of $836.72 and a 200-day moving average of $1,111.06.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, November 4th. The technology company reported $11.10 earnings per share for the quarter, topping analysts’ consensus estimates of $10.69 by $0.41. Fair Isaac had a negative return on equity of 31.37% and a net margin of 32.94%. The business had revenue of $657.05 million for the quarter, compared to analyst estimates of $651.73 million. During the same quarter in the previous year, the company posted $7.74 EPS. Fair Isaac’s quarterly revenue was up 27.4% compared to the same quarter last year. As a group, equities analysts forecast that Fair Isaac Corporation will post 40.03 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Zacks Research lowered Fair Isaac from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 7th. Credit Suisse Group set a $1,150.00 target price on Fair Isaac in a research note on Wednesday, September 30th. Citigroup reissued a “neutral” rating on shares of Fair Isaac in a report on Tuesday, October 27th. Barclays reduced their price target on shares of Fair Isaac from $875.00 to $800.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Susquehanna set a $700.00 price target on shares of Fair Isaac in a report on Wednesday, September 30th. Nine investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $922.75.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.