Rehmann Capital Advisory Group Invests $733,000 in Fiserv, Inc. $FISV

Rehmann Capital Advisory Group purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 10,920 shares of the business services provider’s stock, valued at approximately $733,000.

Several other large investors have also made changes to their positions in the company. Oakworth Capital Inc. bought a new position in Fiserv during the fourth quarter valued at approximately $25,000. Private Wealth Asset Management LLC bought a new stake in Fiserv in the fourth quarter worth approximately $25,000. American National Bank & Trust bought a new stake in Fiserv in the fourth quarter worth approximately $27,000. Kimelman & Baird LLC acquired a new position in shares of Fiserv during the 4th quarter worth $27,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of Fiserv during the 4th quarter worth $27,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of Fiserv stock opened at $47.86 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a fifty day simple moving average of $56.56 and a 200-day simple moving average of $60.65. The stock has a market capitalization of $25.52 billion, a price-to-earnings ratio of 8.11, a PEG ratio of 1.34 and a beta of 0.80. Fiserv, Inc. has a 1-year low of $47.37 and a 1-year high of $177.36.

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 $4.67 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s revenue for the quarter 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, sell-side analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on FISV. Keefe, Bruyette & Woods reduced their price objective on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. BNP Paribas Exane downgraded shares of 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. Loop Capital cut their target price on Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Susquehanna reaffirmed a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Finally, Mizuho decreased 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. Nine analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $82.23.

Insider Activity at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were 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 approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.06% of the company’s stock.

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.