Sawyer & Company Inc Invests $810,000 in Fiserv, Inc. $FISV

Sawyer & Company Inc purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,066 shares of the business services provider’s stock, valued at approximately $810,000.

Several other institutional investors also recently modified their holdings of FISV. Oakworth Capital Inc. acquired a new position in shares of Fiserv during the fourth quarter worth $25,000. American National Bank & Trust acquired a new position in shares of Fiserv during the fourth quarter worth $27,000. Mendota Financial Group LLC acquired a new position in shares of Fiserv during the fourth quarter worth $28,000. Capital Advisors Ltd. LLC acquired a new position in shares of Fiserv during the fourth quarter worth $29,000. Finally, True Wealth Design LLC increased its holdings in Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 225 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Performance

Shares of Fiserv stock opened at $62.14 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The business has a 50-day moving average price of $59.26 and a two-hundred day moving average price of $67.39. Fiserv, Inc. has a 1-year low of $52.91 and a 1-year high of $191.91. The company has a market cap of $33.18 billion, a P/E ratio of 9.80, a PEG ratio of 1.93 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same period last year, the business posted $2.51 EPS. The business’s revenue was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, analysts anticipate that Fiserv, Inc. will post 8.11 EPS for the current year.

Analyst Upgrades and Downgrades

FISV has been the subject of a number of recent research reports. BMO Capital Markets initiated coverage on Fiserv in a report on Tuesday, April 21st. They issued a “market perform” rating and a $65.00 price objective for the company. Tigress Financial restated a “buy” rating and issued a $95.00 price objective on shares of Fiserv in a report on Wednesday, March 11th. Morgan Stanley decreased their price objective on Fiserv from $81.00 to $64.00 and set an “equal weight” rating for the company in a report on Tuesday, April 28th. Compass Point decreased their price objective on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $70.00 price objective on shares of Fiserv in a report on Wednesday, March 11th. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and a consensus target price of $92.41.

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.