Fiserv, Inc. $FISV Holdings Lowered by Vanguard Group Inc.

Vanguard Group Inc. reduced its stake in Fiserv, Inc. (NASDAQ:FISV) by 2.9% in the third quarter, HoldingsChannel reports. The fund owned 48,513,616 shares of the business services provider’s stock after selling 1,434,753 shares during the quarter. Vanguard Group Inc. owned approximately 0.09% of Fiserv worth $6,254,861,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tobam lifted its position in Fiserv by 1,095.4% in the third quarter. Tobam now owns 21,016 shares of the business services provider’s stock worth $2,710,000 after purchasing an additional 19,258 shares during the period. Eagle Rock Investment Company LLC increased its position in shares of Fiserv by 20.0% during the 3rd quarter. Eagle Rock Investment Company LLC now owns 51,900 shares of the business services provider’s stock valued at $6,691,000 after purchasing an additional 8,641 shares during the period. Fifth Third Bancorp raised its stake in shares of Fiserv by 1.0% in the 3rd quarter. Fifth Third Bancorp now owns 101,525 shares of the business services provider’s stock worth $13,090,000 after buying an additional 1,046 shares in the last quarter. Brooktree Capital Management lifted its holdings in shares of Fiserv by 22.7% in the third quarter. Brooktree Capital Management now owns 55,395 shares of the business services provider’s stock valued at $7,142,000 after buying an additional 10,246 shares during the period. Finally, State of New Jersey Common Pension Fund D boosted its stake in Fiserv by 1.8% during the third quarter. State of New Jersey Common Pension Fund D now owns 194,427 shares of the business services provider’s stock valued at $25,067,000 after buying an additional 3,442 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on FISV. William Blair cut shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 29th. Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. TD Cowen restated a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Cantor Fitzgerald raised Fiserv to a “hold” rating in a report on Tuesday, January 27th. Finally, UBS Group cut their price objective on Fiserv from $75.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $108.97.

Fiserv Stock Performance

Shares of FISV stock opened at $59.36 on Tuesday. The company has a market capitalization of $32.27 billion, a price-to-earnings ratio of 9.36, a P/E/G ratio of 3.39 and a beta of 0.78. Fiserv, Inc. has a 1-year low of $57.79 and a 1-year high of $238.59. The company has a current ratio of 1.03, a quick ratio of 1.08 and a debt-to-equity ratio of 1.08. The stock’s fifty day simple moving average is $65.66 and its 200-day simple moving average is $94.39.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period last year, the company posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Insider Activity at Fiserv

In related news, insider Adam L. Rosman bought 7,900 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was bought at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the transaction, the insider directly owned 61,285 shares in the company, valued at $3,872,599.15. This represents a 14.80% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Paul M. Todd bought 17,000 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were bought at an average cost of $62.41 per share, with a total value of $1,060,970.00. Following the purchase, the chief financial officer directly owned 24,453 shares in the company, valued at approximately $1,526,111.73. This trade represents a 228.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.75% of the stock is currently owned by corporate insiders.

Fiserv Company 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.