ING Groep NV Invests $11.03 Million in Fiserv, Inc. $FISV

ING Groep NV acquired a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 164,276 shares of the business services provider’s stock, valued at approximately $11,034,000.

Other institutional investors have also recently made changes to their positions in the company. Oakworth Capital Inc. bought a new position in shares of Fiserv in the fourth quarter worth about $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of Fiserv during the fourth quarter worth about $25,000. American National Bank & Trust purchased a new stake in shares of Fiserv during the fourth quarter worth about $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv during the fourth quarter worth about $27,000. Finally, Mendota Financial Group LLC purchased a new stake in shares of Fiserv during the fourth quarter worth about $28,000. Institutional investors own 90.98% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Loop Capital cut their target price on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Cantor Fitzgerald cut their target price on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. BNP Paribas Exane cut Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price for the company. in a research report on Friday. Finally, Truist Financial set a $58.00 target price on Fiserv and gave the stock a “hold” rating in a research report on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $82.23.

Fiserv Stock Performance

NASDAQ FISV opened at $54.43 on Monday. The stock has a market capitalization of $29.02 billion, a PE ratio of 9.23, a P/E/G ratio of 1.52 and a beta of 0.80. The business has a 50 day simple moving average of $57.49 and a two-hundred day simple moving average of $61.36. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company’s quarterly revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts predict that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

About Fiserv

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.