Wilkins Investment Counsel Inc. Purchases Shares of 117,157 Fiserv, Inc. $FISV

Wilkins Investment Counsel Inc. purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 117,157 shares of the business services provider’s stock, valued at approximately $7,869,000. Fiserv accounts for approximately 1.1% of Wilkins Investment Counsel Inc.’s investment portfolio, making the stock its 29th biggest position.

Other hedge funds also recently bought and sold shares of the company. True Wealth Design LLC raised its position in Fiserv by 3,750.0% in the 3rd 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 in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in Fiserv in the 3rd quarter valued at about $30,000. Westfuller Advisors LLC acquired a new stake in Fiserv in the 3rd quarter valued at about $36,000. WFA of San Diego LLC acquired a new stake in Fiserv in the 2nd quarter valued at about $55,000. Finally, Davis Capital Management acquired a new stake in Fiserv in the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

FISV has been the topic of a number of analyst reports. Weiss Ratings raised Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. Truist Financial reduced their price target on Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Loop Capital initiated coverage on Fiserv in a research report on Tuesday, March 31st. They issued a “hold” rating and a $62.00 price target on the stock. Stephens reduced their price target on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 11th. Finally, Zacks Research raised Fiserv from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. Eight analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $92.41.

Fiserv Trading Down 0.8%

NASDAQ:FISV opened at $62.14 on Friday. The stock’s 50 day moving average price is $59.26 and its 200 day moving average price is $67.39. The company has a market capitalization of $33.18 billion, a PE ratio of 9.80, a P/E/G ratio of 1.93 and a beta of 0.84. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 52-week low of $52.91 and a 52-week high of $191.91.

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