Bradley Foster & Sargent Inc. CT reduced its stake in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) by 24.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 415,884 shares of the business services provider’s stock after selling 135,624 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Fiserv were worth $53,620,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of FISV. Vise Technologies Inc. bought a new position in Fiserv in the second quarter valued at approximately $2,320,000. Factory Mutual Insurance Co. lifted its stake in shares of Fiserv by 11.7% in the 2nd quarter. Factory Mutual Insurance Co. now owns 157,000 shares of the business services provider’s stock valued at $27,068,000 after purchasing an additional 16,500 shares during the period. Dillon & Associates Inc. lifted its stake in shares of Fiserv by 9.1% in the 2nd quarter. Dillon & Associates Inc. now owns 88,570 shares of the business services provider’s stock valued at $15,234,000 after purchasing an additional 7,419 shares during the period. Ipsen Advisor Group LLC bought a new position in shares of Fiserv in the 2nd quarter worth $759,000. Finally, FUKOKU MUTUAL LIFE INSURANCE Co grew its stake in shares of Fiserv by 236.6% during the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,037 shares of the business services provider’s stock worth $1,386,000 after purchasing an additional 5,649 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.
Analysts Set New Price Targets
Several research firms have weighed in on FISV. Citigroup reissued a “neutral” rating and issued a $68.00 target price (down from $75.00) on shares of Fiserv in a research note on Wednesday, February 11th. The Goldman Sachs Group downgraded shares of Fiserv from a “buy” rating to a “neutral” rating and cut their price target for the company from $149.00 to $79.00 in a research report on Thursday, October 30th. Seaport Research Partners cut shares of Fiserv from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Tigress Financial set a $95.00 target price on shares of Fiserv and gave the company a “buy” rating in a research note on Wednesday, December 31st. Finally, Oppenheimer reiterated an “outperform” rating and issued a $91.00 target price on shares of Fiserv in a report on Thursday, October 30th. Ten investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $110.06.
Fiserv Stock Up 1.3%
Shares of FISV stock opened at $59.13 on Wednesday. The company has a market capitalization of $31.62 billion, a price-to-earnings ratio of 9.33, a P/E/G ratio of 1.79 and a beta of 0.78. Fiserv, Inc. has a 12-month low of $57.79 and a 12-month high of $238.59. The firm has a fifty day moving average of $64.87 and a 200-day moving average of $91.30. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08.
Fiserv (NASDAQ:FISV – Get Free Report) last announced its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same period in the prior year, the business earned $2.51 EPS. 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, equities research analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.
Fiserv News Roundup
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Jana Partners has taken a stake and is pressing for changes while new CEO Mike Lyons rolls out a “One Fiserv” plan focused on AI and partnerships (Microsoft, Mastercard). This creates a catalyst for strategic refocusing and potential operational improvements that could drive a rerating. Jana Stake And New CEO Put Fiserv AI Plan In Focus
- Neutral Sentiment: Broker consensus remains cautious: major aggregator shows a “Hold” consensus from brokerages, reflecting mixed expectations despite management changes. Fiserv Given Consensus Rating of “Hold” by Brokerages
- Neutral Sentiment: SentiLink named a new Chief Revenue Officer — relevant to the identity/fraud ecosystem in which Fiserv operates, but not a direct company event. Could indirectly affect competitive dynamics for identity/fraud services. SentiLink Appoints Kathleen Waid as Chief Revenue Officer
- Negative Sentiment: Madison Large Cap Fund publicly exited its Fiserv position, signaling at least one large institutional seller and raising questions about conviction among some value managers. That selling pressure can weigh on the stock near-term. Here’s Why Madison Large Cap Fund Exited Fiserv (FISV)
- Negative Sentiment: Analyst action: B. Riley trimmed its price target from $72 to $69 and keeps a “Neutral” rating, reflecting tempered upside in the near term and potential for additional analyst caution. B. Riley Cuts Price Target on Fiserv to $69 from $72
- Negative Sentiment: Market commentary is bearish in places (articles urging selling around $60 and coverage noting the stock “flopped” after activist news), highlighting short-term skepticism and the potential for volatility as activists and management outline plans. Sell Fiserv Stock At $60? Why Fiserv Stock Flopped Today
Insiders Place Their Bets
In other news, insider Adam L. Rosman bought 7,900 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were acquired at an average cost of $63.19 per share, for a total transaction of $499,201.00. Following the completion of the acquisition, the insider owned 61,285 shares in the company, valued at approximately $3,872,599.15. This represents a 14.80% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Paul M. Todd acquired 17,000 shares of the stock in a transaction dated Monday, December 1st. The shares were purchased at an average price of $62.41 per share, for a total transaction of $1,060,970.00. Following the completion of the purchase, the chief financial officer directly owned 24,453 shares in the company, valued at $1,526,111.73. The trade was a 228.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.75% of the company’s stock.
Fiserv Company 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.
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