Answer:
Yes, it is; along with Lauric, Myristic, Palmitic, [Stearic], Arachidic and Lignoceric: all are Saturated 'fatty acids'.
The symbol for [the common name] Stearic acid is 18:0, it's structure is CH3(CH2-18)COOH, it's systematic name is n-Octadecanoic acid and it's melting point is 69.6 degrees C.