Fiserv (NASDAQ:FISV) Upgraded at Barclays

Barclays upgraded shares of Fiserv (NASDAQ:FISV) to a hold rating in a research note released on Tuesday,Zacks.com reports.

FISV has been the subject of several other reports. Morgan Stanley lifted their target price on shares of Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. 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 objective on shares of Fiserv in a research report on Wednesday, March 11th. TD Cowen reduced their target price on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Rothschild & Co Redburn decreased their price target on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research note on Tuesday, May 12th. Seven analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Fiserv has an average rating of “Hold” and a consensus price target of $77.33.

Fiserv Trading Up 2.1%

Fiserv stock opened at $51.65 on Tuesday. The stock has a 50-day moving average price of $53.47 and a 200 day moving average price of $58.96. Fiserv has a 52 week low of $47.04 and a 52 week high of $171.07. The stock has a market cap of $27.54 billion, a PE ratio of 8.75, a P/E/G ratio of 1.42 and a beta of 0.82. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts predict that Fiserv will post 8.13 earnings per share for the current fiscal year.

Insider Activity

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the transaction, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.06% of the stock is owned by insiders.

Institutional Trading of Fiserv

A number of institutional investors have recently added to or reduced their stakes in the business. Oakworth Capital Inc. purchased a new position in Fiserv in the fourth quarter valued at about $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of Fiserv in the fourth quarter worth about $25,000. American National Bank & Trust acquired a new stake in shares of Fiserv in the fourth quarter valued at about $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at about $27,000. Finally, Goodman Advisory Group LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at about $27,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Market chatter around a possible sale of Fiserv’s STAR debit network to a consortium of large U.S. banks is boosting sentiment, since proceeds could help fund growth initiatives and reduce concern about the company’s slower legacy businesses.
• Positive Sentiment: Several recent analyst notes have kept a constructive tone on the stock, with Barclays initiating coverage and JPMorgan and Morgan Stanley maintaining hold-style ratings, suggesting Wall Street sees some upside from the asset-sale story even as risks remain.
• Neutral Sentiment: Separate commentary pieces described Fiserv as a “fallen compounder” and a fintech leader, but these were largely perspective pieces rather than new fundamentals, so their impact on the stock is likely limited.
• Negative Sentiment: Investor caution remains elevated after Fiserv’s president, Dhivya Suryadevara, resigned this week, adding to leadership turnover and raising execution concerns for the market.
• Negative Sentiment: J.P. Morgan also lowered its price target on Fiserv and kept a neutral/hold stance, reinforcing concerns about near-term growth and operational uncertainty despite the potential benefit from a network sale.

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.