Pacer Advisors Inc. decreased its position in Fiserv, Inc. (NASDAQ:FISV – Free Report) by 17.8% in the first quarter, Holdings Channel reports. The firm owned 45,750 shares of the business services provider’s stock after selling 9,883 shares during the period. Pacer Advisors Inc.’s holdings in Fiserv were worth $2,553,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Stonebridge Capital Advisors LLC lifted its holdings in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares during the period. Bison Wealth LLC grew its holdings in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares during the last quarter. SkyView Investment Advisors LLC increased its position in shares of Fiserv by 2.9% during the 4th quarter. SkyView Investment Advisors LLC now owns 7,052 shares of the business services provider’s stock worth $474,000 after purchasing an additional 198 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of Fiserv by 10.4% during the 1st quarter. Sunbelt Securities Inc. now owns 2,290 shares of the business services provider’s stock worth $128,000 after purchasing an additional 215 shares in the last quarter. Finally, Cambient Family Office LLC lifted its holdings in Fiserv by 1.7% during the 1st quarter. Cambient Family Office LLC now owns 17,096 shares of the business services provider’s stock valued at $954,000 after purchasing an additional 291 shares during the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages have weighed in on FISV. Raymond James Financial reaffirmed a “market perform” rating on shares of Fiserv in a research note on Tuesday, July 7th. TD Cowen cut their target price on shares of Fiserv from $63.00 to $55.00 and set a “hold” rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft reduced their target price on Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. UBS Group set a $60.00 price target on Fiserv and gave the company a “neutral” rating in a report on Friday. Finally, Citigroup reissued a “neutral” rating and issued a $57.00 price objective (down from $60.00) on shares of Fiserv in a research note on Friday, July 10th. Six equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fiserv currently has a consensus rating of “Hold” and an average price target of $74.60.
Insider Activity at Fiserv
In other news, CFO Paul M. Todd bought 10,060 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was bought at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the transaction, the chief financial officer directly owned 184,107 shares in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.06% of the company’s stock.
Fiserv Price Performance
FISV opened at $52.41 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.04 and a quick ratio of 1.06. The stock has a market capitalization of $27.95 billion, a P/E ratio of 10.06, a price-to-earnings-growth ratio of 1.69 and a beta of 0.80. The company’s 50 day simple moving average is $51.77 and its 200-day simple moving average is $56.76. Fiserv, Inc. has a one year low of $47.04 and a one year high of $140.42.
Fiserv (NASDAQ:FISV – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.84 earnings per share for the quarter, missing the consensus estimate of $1.91 by ($0.07). Fiserv had a return on equity of 15.80% and a net margin of 13.42%.The company had revenue of $4.96 billion during the quarter, compared to the consensus estimate of $5.04 billion. The business’s revenue was down 4.1% on a year-over-year basis. Sell-side analysts anticipate that Fiserv, Inc. will post 7.3 earnings per share for the current fiscal year.
Key Headlines Impacting Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Despite lowering its target, Susquehanna maintained a “positive” rating and set an $85 target, implying substantial potential upside from recent levels. Keefe, Bruyette & Woods also retained an “outperform” rating with a $65 target. Benzinga analyst ratings
- Positive Sentiment: Recent insider activity has been supportive, with several company executives and directors reportedly purchasing FISV shares rather than selling them. This may signal that insiders view the selloff as excessive, although it does not offset the weaker operating outlook.
- Neutral Sentiment: JPMorgan reduced its price target from $62 to $60 and moved to a “neutral” rating, while TD Cowen cut its target from $63 to $55 and assigned a “hold” rating. The targets remain above the recent share price, but the reductions indicate lower near-term confidence. Benzinga analyst ratings
- Neutral Sentiment: New CEO Takis Georgakopoulos is attempting to reset expectations, with management emphasizing technology investment and a potential recovery in 2027. Investors may view the longer-term rebound opportunity positively, but it depends on improved execution and renewed client spending. Fiserv’s New CEO Resets Guidance as Headwinds Hit Growth
- Negative Sentiment: Fiserv missed second-quarter earnings and revenue expectations. Adjusted EPS was $1.84, below estimates and down from $2.47 a year earlier, while revenue declined year over year amid margin pressure. FISV Q2 Earnings Miss Estimates on Margin Pressure
- Negative Sentiment: Management cut 2026 adjusted EPS guidance to $7.20–$7.40 from $8.00–$8.30 and changed its organic revenue forecast from 1%–3% growth to flat or down 1%. Delayed client projects, weaker Argentine conditions, softer hardware sales and increased technology spending are weighing on results. FISV Q2 Earnings Call Resets Outlook
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.
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