Fiserv, Inc. $FISV Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in Fiserv, Inc. (NASDAQ:FISV) by 36.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 92,128 shares of the business services provider’s stock after buying an additional 24,533 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Fiserv were worth $5,141,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of FISV. Oakworth Capital Inc. acquired a new position in shares of Fiserv during the fourth quarter worth about $25,000. Private Wealth Asset Management LLC acquired a new stake in Fiserv in the fourth quarter valued at about $25,000. American National Bank & Trust acquired a new stake in Fiserv in the fourth quarter valued at about $27,000. Kimelman & Baird LLC purchased a new stake in Fiserv in the 4th quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC acquired a new position in Fiserv during the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FISV shares. Susquehanna reissued a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Tigress Financial restated a “buy” rating and issued a $95.00 price target on shares of Fiserv in a research note on Wednesday, March 11th. Morgan Stanley increased their price objective on Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Robert W. Baird set a $78.00 target price on shares of Fiserv in a research report on Wednesday, May 6th. Finally, Loop Capital lowered their price target on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Nine analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and an average price target of $82.23.

Insider Activity at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.06% of the stock is owned by corporate insiders.

Fiserv Stock Performance

NASDAQ FISV opened at $52.33 on Monday. Fiserv, Inc. has a 1-year low of $47.04 and a 1-year high of $175.92. The company has a market capitalization of $27.90 billion, a P/E ratio of 8.87, a PEG ratio of 1.46 and a beta of 0.82. The business has a 50 day moving average price of $54.24 and a 200 day moving average price of $59.42. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’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. Sell-side analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

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.