Fiserv (NASDAQ:FISV) Rating Increased to Hold at Barclays

Barclays upgraded shares of Fiserv (NASDAQ:FISV) to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

FISV has been the topic of a number of other research reports. Susquehanna reiterated a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a research report on Friday, June 5th. TD Cowen reduced their target price on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a report on Tuesday. Mizuho dropped their price target on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Finally, BMO Capital Markets raised their price objective on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a report on Friday, May 15th. Seven equities research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $77.33.

Fiserv Trading Up 2.1%

NASDAQ FISV opened at $51.65 on Tuesday. The company has a market cap of $27.54 billion, a P/E ratio of 8.75, a P/E/G ratio of 1.42 and a beta of 0.82. Fiserv has a 12 month low of $47.04 and a 12 month high of $171.07. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company has a 50-day moving average of $53.47 and a 200-day moving average of $58.96.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’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. As a group, equities analysts predict that Fiserv will post 8.13 earnings per share for the current year.

Insider Buying and Selling at Fiserv

In other news, CFO Paul M. Todd bought 10,060 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the purchase, the chief financial officer owned 184,107 shares of the company’s stock, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Fiserv

A number of institutional investors have recently added to or reduced their stakes in the company. Fulton Bank N.A. boosted its holdings in Fiserv by 22.3% in the second quarter. Fulton Bank N.A. now owns 29,492 shares of the business services provider’s stock valued at $1,447,000 after purchasing an additional 5,386 shares during the last quarter. Atlas Brown Inc. purchased a new stake in Fiserv during the 2nd quarter worth approximately $232,000. Legacy Wealth Asset Management LLC raised its position in shares of Fiserv by 3.3% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 6,184 shares of the business services provider’s stock valued at $303,000 after purchasing an additional 195 shares in the last quarter. Chemistry Wealth Management LLC boosted its stake in shares of Fiserv by 24.4% during the 2nd quarter. Chemistry Wealth Management LLC now owns 8,294 shares of the business services provider’s stock valued at $407,000 after buying an additional 1,628 shares during the last quarter. Finally, First Heartland Consultants Inc. grew its position in shares of Fiserv by 26.7% during the second quarter. First Heartland Consultants Inc. now owns 12,573 shares of the business services provider’s stock worth $617,000 after buying an additional 2,646 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

More Fiserv News

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Market chatter around a possible sale of Fiserv’s STAR debit network to a consortium of large U.S. banks is boosting sentiment, since proceeds could help fund growth initiatives and reduce concern about the company’s slower legacy businesses.
• Positive Sentiment: Several recent analyst notes have kept a constructive tone on the stock, with Barclays initiating coverage and JPMorgan and Morgan Stanley maintaining hold-style ratings, suggesting Wall Street sees some upside from the asset-sale story even as risks remain.
• Neutral Sentiment: Separate commentary pieces described Fiserv as a “fallen compounder” and a fintech leader, but these were largely perspective pieces rather than new fundamentals, so their impact on the stock is likely limited.
• Negative Sentiment: Investor caution remains elevated after Fiserv’s president, Dhivya Suryadevara, resigned this week, adding to leadership turnover and raising execution concerns for the market.
• Negative Sentiment: J.P. Morgan also lowered its price target on Fiserv and kept a neutral/hold stance, reinforcing concerns about near-term growth and operational uncertainty despite the potential benefit from a network sale.

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.