Franklin Resources Inc. Buys Shares of 3,178,330 Fiserv, Inc. $FISV

Franklin Resources Inc. bought a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,178,330 shares of the business services provider’s stock, valued at approximately $213,488,000.

Other large investors have also recently modified their holdings of the company. Chicago Capital LLC acquired a new stake in shares of Fiserv in the 4th quarter valued at $1,316,000. Vulcan Value Partners LLC acquired a new stake in shares of Fiserv in the 3rd quarter valued at $103,398,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of Fiserv in the 4th quarter valued at $1,141,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of Fiserv in the 4th quarter valued at $4,127,000. Finally, Applied Finance Capital Management LLC boosted its holdings in shares of Fiserv by 21.9% in the 3rd quarter. Applied Finance Capital Management LLC now owns 122,337 shares of the business services provider’s stock valued at $15,774,000 after purchasing an additional 21,993 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Analysts Set New Price Targets

FISV has been the topic of several recent research reports. TD Cowen reissued a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Cantor Fitzgerald cut their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. B. Riley Financial cut their price objective on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Mizuho cut their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Finally, Susquehanna reissued a “positive” rating and set a $91.00 price objective (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $82.23.

Fiserv Stock Up 2.5%

Shares of FISV opened at $54.03 on Wednesday. The company has a market capitalization of $28.81 billion, a PE ratio of 9.16, a PEG ratio of 1.48 and a beta of 0.79. Fiserv, Inc. has a 12 month low of $52.17 and a 12 month high of $177.36. The stock’s 50-day moving average price is $57.44 and its two-hundred day moving average price is $61.25. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.Fiserv’s 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, analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Fiserv Profile

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.