Pictet Asset Management Holding SA Has $23.77 Million Holdings in Fair Isaac Corporation $FICO

Pictet Asset Management Holding SA trimmed its stake in Fair Isaac Corporation (NYSE:FICO) by 61.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,277 shares of the technology company’s stock after selling 35,201 shares during the period. Pictet Asset Management Holding SA owned about 0.09% of Fair Isaac worth $23,766,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FICO. Brighton Jones LLC lifted its holdings in Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares during the last quarter. Great Lakes Advisors LLC increased its holdings in shares of Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after buying an additional 6 shares in the last quarter. Woodline Partners LP raised its stake in shares of Fair Isaac by 46.1% in the first quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock valued at $3,943,000 after acquiring an additional 675 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in shares of Fair Isaac by 18.0% in the second quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock valued at $25,659,000 after acquiring an additional 2,146 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of Fair Isaac by 16.1% in the 2nd quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock worth $387,431,000 after acquiring an additional 29,408 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

FICO has been the subject of a number of recent analyst reports. UBS Group raised their price target on Fair Isaac from $1,110.00 to $1,250.00 and gave the company a “neutral” rating in a report on Tuesday, June 16th. JPMorgan Chase & Co. reduced their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Robert W. Baird set a $1,549.00 price objective on shares of Fair Isaac in a report on Wednesday, April 29th. Mizuho started coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 price objective for the company. Finally, Wells Fargo & Company dropped their target price on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,626.50.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,207.73 on Thursday. The stock has a market cap of $28.01 billion, a price-to-earnings ratio of 38.26, a P/E/G ratio of 1.06 and a beta of 1.29. The company has a 50 day moving average of $1,145.21 and a 200-day moving average of $1,301.71. Fair Isaac Corporation has a one year low of $870.01 and a one year high of $1,998.01.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $630.21 million. During the same period in the prior year, the business posted $7.81 earnings per share. Fair Isaac’s revenue 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 research analysts anticipate that Fair Isaac Corporation will post 38.06 earnings per share for the current year.

About Fair Isaac

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.