Fiserv, Inc. $FISV Stake Lifted by Capital World Investors

Capital World Investors grew its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 35.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,781,919 shares of the business services provider’s stock after purchasing an additional 6,714,536 shares during the quarter. Capital World Investors’ holdings in Fiserv were worth $3,324,073,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of FISV. Pinnacle Wealth Management Advisory Group LLC grew its position in Fiserv by 2.8% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider’s stock worth $485,000 after purchasing an additional 77 shares during the last quarter. Quadcap Wealth Management LLC increased its position in Fiserv by 2.1% in the 2nd quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider’s stock valued at $672,000 after acquiring an additional 79 shares during the period. Glenview Trust co boosted its position in Fiserv by 0.3% during the 2nd quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock worth $5,666,000 after acquiring an additional 85 shares during the period. Smithfield Trust Co grew its stake in shares of Fiserv by 0.9% in the second quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider’s stock worth $1,685,000 after purchasing an additional 86 shares in the last quarter. Finally, TRUE Private Wealth Advisors raised its stake in shares of Fiserv by 5.1% during the second quarter. TRUE Private Wealth Advisors now owns 1,785 shares of the business services provider’s stock valued at $308,000 after purchasing an additional 86 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

Fiserv Price Performance

FISV stock opened at $61.29 on Tuesday. The firm has a 50-day moving average of $63.88 and a two-hundred day moving average of $86.62. The firm has a market capitalization of $32.78 billion, a PE ratio of 9.67, a P/E/G ratio of 1.94 and a beta of 0.76. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a one year low of $57.79 and a one year high of $227.00.

Fiserv (NASDAQ:FISV) last posted 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 net margin of 16.42% and a return on equity of 18.39%. The company’s revenue was up .6% on a year-over-year basis. 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, analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on FISV. Tigress Financial set a $95.00 target price on shares of Fiserv and gave the company a “buy” rating in a research note on Wednesday, December 31st. Morgan Stanley set a $64.00 target price on Fiserv in a report on Wednesday, February 11th. B. Riley Financial decreased their price target on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Cantor Fitzgerald upgraded Fiserv to a “hold” rating in a report on Tuesday, January 27th. Finally, Jefferies Financial Group boosted their price target on shares of Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Wednesday, January 21st. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average price target of $109.74.

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.