KLCM Advisors Inc. Buys New Stake in Fiserv, Inc. $FISV

KLCM Advisors Inc. bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, Holdings Channel reports. The institutional investor bought 34,740 shares of the business services provider’s stock, valued at approximately $2,333,000.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. purchased a new position in Fiserv during the fourth quarter valued at $3,507,063,000. Capital World Investors grew its stake in Fiserv by 35.2% during the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after acquiring an additional 6,714,536 shares in the last quarter. Legal & General Group Plc grew its stake in Fiserv by 3.8% during the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock valued at $469,051,000 after acquiring an additional 131,935 shares in the last quarter. Barclays PLC grew its stake in Fiserv by 116.0% during the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock valued at $454,982,000 after acquiring an additional 1,895,349 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Fiserv by 24.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock valued at $404,687,000 after acquiring an additional 607,213 shares in the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.

Fiserv Trading Down 2.0%

Shares of FISV opened at $54.39 on Tuesday. Fiserv, Inc. has a twelve month low of $52.91 and a twelve month high of $191.91. 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 company’s fifty day simple moving average is $58.82 and its 200-day simple moving average is $64.67. The company has a market cap of $29.00 billion, a P/E ratio of 9.22, a P/E/G ratio of 1.72 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $4.73 billion. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, analysts expect that Fiserv, Inc. will post 8.14 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on FISV. Loop Capital began coverage on shares of Fiserv in a research note on Tuesday, March 31st. They set a “hold” rating and a $62.00 target price for the company. B. Riley Financial cut their target price on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. TD Cowen reaffirmed a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Stephens cut their target price on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Finally, Keefe, Bruyette & Woods dropped 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. Eight research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $87.21.

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.