Notis McConarty Edward Purchases New Position in Fiserv, Inc. $FISV

Notis McConarty Edward purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 34,915 shares of the business services provider’s stock, valued at approximately $2,345,000.

Other large investors also recently modified their holdings of the company. Chicago Capital LLC acquired a new position in Fiserv in the fourth quarter worth about $1,316,000. Vulcan Value Partners LLC bought a new position in Fiserv in the third quarter worth about $103,398,000. ZWJ Investment Counsel Inc. bought a new position in Fiserv in the fourth quarter worth about $1,141,000. Robeco Institutional Asset Management B.V. bought a new position in Fiserv in the fourth quarter worth about $4,127,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Fiserv during the fourth quarter valued at approximately $14,907,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Trading Up 4.0%

NASDAQ FISV opened at $49.83 on Wednesday. Fiserv, Inc. has a twelve month low of $47.37 and a twelve month high of $177.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $26.57 billion, a price-to-earnings ratio of 8.45, a PEG ratio of 1.34 and a beta of 0.79. The firm’s 50 day moving average price is $57.04 and its two-hundred day moving average price is $60.93.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FISV. Robert W. Baird set a $78.00 target price on Fiserv in a report on Wednesday, May 6th. B. Riley Financial decreased their price target on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Cantor Fitzgerald decreased their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Wells Fargo & Company decreased their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. Finally, Mizuho decreased their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $82.23.

Key Stories Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv launched a $2.75 billion tender offer for senior notes, a move that may lower future interest costs and improve financial flexibility. Article Title
• Positive Sentiment: Michael Burry reportedly added to his Fiserv position, signaling that some investors see the post-selloff weakness as an opportunity. Article Title
• Neutral Sentiment: Goldman Sachs kept a Hold rating and maintained its $70 price target, suggesting the brokerage is waiting for more clarity on the leadership transition and operating trends. Article Title
• Negative Sentiment: The CEO shakeup remains the main overhang, with investors worried about strategic continuity after Lyons’ abrupt exit just after investor day. Article Title
• Negative Sentiment: Ademi LLP’s shareholder investigation into possible fiduciary-duty claims adds another layer of legal and governance risk. Article Title

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.