Vulcan Value Partners LLC Invests $103.40 Million in Fiserv, Inc. $FISV

Vulcan Value Partners LLC purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 803,160 shares of the business services provider’s stock, valued at approximately $103,398,000. Fiserv comprises approximately 1.9% of Vulcan Value Partners LLC’s holdings, making the stock its 18th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC acquired a new position in shares of Fiserv in the third quarter valued at approximately $28,000. True Wealth Design LLC grew 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 buying an additional 225 shares during the last quarter. Redmont Wealth Advisors LLC purchased a new position in Fiserv during the 3rd quarter worth $30,000. Clear Street LLC acquired a new stake in shares of Fiserv in the 2nd quarter worth $34,000. Finally, Westfuller Advisors LLC purchased a new stake in shares of Fiserv in the third quarter valued at about $36,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Adam L. Rosman acquired 7,900 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were acquired at an average price of $63.19 per share, with a total value of $499,201.00. Following the completion of the purchase, the insider directly owned 61,285 shares in the company, valued at approximately $3,872,599.15. The trade was a 14.80% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Paul M. Todd bought 17,000 shares of Fiserv stock in a transaction on Monday, December 1st. The stock was purchased at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the completion of the acquisition, the chief financial officer owned 24,453 shares in the company, valued at $1,526,111.73. This represents a 228.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.75% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FISV has been the subject of several analyst reports. KeyCorp cut shares of Fiserv from an “overweight” rating to a “hold” rating in a report on Thursday, October 30th. Seaport Research Partners downgraded Fiserv from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Morgan Stanley set a $64.00 price objective on Fiserv in a report on Wednesday, February 11th. Finally, Susquehanna reaffirmed a “positive” rating and set a $99.00 price target (down from $220.00) on shares of Fiserv in a research note on Wednesday, November 12th. Ten research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $110.16.

Fiserv Stock Performance

NASDAQ:FISV opened at $61.47 on Monday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average price of $65.26 and a two-hundred day moving average price of $92.34. Fiserv, Inc. has a twelve month low of $57.79 and a twelve month high of $238.59. The company has a market capitalization of $32.87 billion, a P/E ratio of 9.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.78.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, research analysts expect that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal 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.