Staley Capital Advisers Inc. Cuts Stake in Fiserv, Inc. $FISV

Staley Capital Advisers Inc. reduced its holdings in shares of Fiserv, Inc. (NASDAQ:FISV) by 13.8% during the first quarter, Holdings Channel reports. The fund owned 110,159 shares of the business services provider’s stock after selling 17,615 shares during the period. Staley Capital Advisers Inc.’s holdings in Fiserv were worth $6,147,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Oakworth Capital Inc. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $25,000. Private Wealth Asset Management LLC bought a new position in shares of Fiserv during the 4th quarter valued at $25,000. American National Bank & Trust purchased a new position in Fiserv in the 4th quarter worth $27,000. Kimelman & Baird LLC bought a new stake in Fiserv in the fourth quarter worth $27,000. Finally, Goodman Advisory Group LLC bought a new stake in Fiserv in the fourth quarter worth $27,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Key Fiserv News

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Shares were boosted by reports that major U.S. banks are exploring a possible purchase of Fiserv’s STAR debit network, with investors viewing the network as a valuable strategic asset that could unlock significant proceeds for Fiserv. Fiserv’s executive turnover continues with president’s resignation
• Positive Sentiment: Analysts at Barclays assigned Fiserv an “equal weight” rating with a $58 price target, while JPMorgan’s new $62 target still implies upside from recent trading levels, suggesting Wall Street sees some value even after the pullback. JPMorgan price target cut on Fiserv
• Neutral Sentiment: Coverage from Barclays and JPMorgan reflects a cautious but not outright bearish stance, with both firms maintaining neutral-type views as investors wait for more clarity on any asset sale and Fiserv’s strategic direction. Fiserv (FISV) Banks Are Circling STAR And Debit Fees Could Be Next
• Neutral Sentiment: Fiserv President Dhivya Suryadevara resigned, adding to the company’s recent executive turnover and creating uncertainty around management stability during a period of strategic review. Fiserv President Dhivya Suryadevara Resigns Citing ‘Good Reason’ Contract Clause
• Negative Sentiment: Some analysts warned that a potential sale of the debit network could face regulatory scrutiny and political resistance, which could limit the likelihood or value of any transaction. FISV stock draws attention after debit network sale buzz: This analyst warns deal could face regulatory scrutiny

Insiders Place Their Bets

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were purchased at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Mizuho reduced their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. B. Riley Financial lowered their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Raymond James Financial restated a “market perform” rating on shares of Fiserv in a report on Tuesday. Tigress Financial reaffirmed a “buy” rating and issued a $95.00 price target on shares of Fiserv in a research note on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Seven analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $77.87.

Fiserv Stock Performance

Shares of NASDAQ:FISV opened at $50.60 on Thursday. 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 has a 50-day moving average price of $53.67 and a 200-day moving average price of $59.08. The company has a market cap of $26.98 billion, a price-to-earnings ratio of 8.58, a price-to-earnings-growth ratio of 1.48 and a beta of 0.82. Fiserv, Inc. has a 12 month low of $47.04 and a 12 month high of $171.77.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The firm’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current 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.