Arvest Bank Trust Division Takes Position in Fiserv, Inc. $FISV

Arvest Bank Trust Division purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 84,868 shares of the business services provider’s stock, valued at approximately $5,701,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FISV. Vanguard Group Inc. bought a new stake in shares of Fiserv during the fourth quarter valued at about $3,507,063,000. Capital World Investors increased its position in shares of 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 buying an additional 6,714,536 shares during the period. Legal & General Group Plc bought a new stake in shares of Fiserv during the fourth quarter valued at about $250,877,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Fiserv during the fourth quarter valued at about $223,136,000. Finally, Pittenger & Anderson Inc. bought a new position in shares of Fiserv in the fourth quarter worth approximately $193,349,000. 90.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on FISV. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Fiserv from $63.00 to $60.00 in a research report on Monday, May 11th. Morgan Stanley decreased their price objective on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 28th. Weiss Ratings cut shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 15th. Royal Bank Of Canada set a $75.00 price objective on shares of Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, Truist Financial decreased their price objective on shares of Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Fiserv has an average rating of “Hold” and an average price target of $82.97.

Fiserv Stock Performance

NASDAQ:FISV opened at $55.61 on Wednesday. The firm has a market cap of $29.65 billion, a PE ratio of 9.43, a price-to-earnings-growth ratio of 1.60 and a beta of 0.84. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The business has a 50 day moving average price of $57.66 and a 200-day moving average price of $61.77.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’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, Inc. will post 8.14 earnings per share 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.