Capital Research Global Investors Makes New $25.13 Million Investment in Fiserv, Inc. $FISV

Capital Research Global Investors acquired a new position in Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 374,110 shares of the business services provider’s stock, valued at approximately $25,129,000. Capital Research Global Investors owned about 0.07% of Fiserv at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FISV. Redmont Wealth Advisors LLC bought a new position in shares of Fiserv during the 3rd quarter valued at approximately $30,000. WFA of San Diego LLC bought a new position in shares of Fiserv during the 2nd quarter valued at approximately $55,000. Oakworth Capital Inc. bought a new position in shares of Fiserv during the 4th quarter valued at approximately $25,000. Private Wealth Asset Management LLC bought a new position in shares of Fiserv during the 4th quarter valued at approximately $25,000. Finally, Kimelman & Baird LLC bought a new position in shares of Fiserv during the 4th quarter valued at approximately $27,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

FISV opened at $54.03 on Wednesday. The business has a fifty day moving average of $57.44 and a 200 day moving average of $61.25. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The stock has a market cap of $28.81 billion, a P/E ratio of 9.16, a PEG ratio of 1.48 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data 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. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The company’s 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, sell-side analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Analysts Set New Price Targets

FISV has been the topic of several analyst reports. JPMorgan Chase & Co. cut their target price on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Morgan Stanley boosted their target price on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a research report on Friday, May 29th. B. Riley Financial cut their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Compass Point cut their target price on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, Wells Fargo & Company cut their target price on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $82.23.

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.