Allspring Global Investments Holdings LLC Invests $1.49 Million in Fiserv, Inc. $FISV

Allspring Global Investments Holdings LLC purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 26,844 shares of the business services provider’s stock, valued at approximately $1,488,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stonebridge Capital Advisors LLC grew its position in Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares during the period. SkyView Investment Advisors LLC boosted its stake in shares of Fiserv by 2.9% in the fourth quarter. SkyView Investment Advisors LLC now owns 7,052 shares of the business services provider’s stock valued at $474,000 after purchasing an additional 198 shares during the period. Cambient Family Office LLC grew its holdings in Fiserv by 1.7% during the 1st quarter. Cambient Family Office LLC now owns 17,096 shares of the business services provider’s stock valued at $954,000 after purchasing an additional 291 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new stake in Fiserv during the 2nd quarter valued at $55,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

Shares of FISV stock opened at $51.02 on Monday. The stock has a market capitalization of $27.21 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 1.43 and a beta of 0.82. Fiserv, Inc. has a one year low of $47.04 and a one year high of $144.05. The company’s 50-day simple moving average is $52.21 and its 200-day simple moving average is $57.67. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts anticipate that Fiserv, Inc. will post 8.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on FISV. Barclays started coverage on shares of Fiserv in a report on Wednesday, July 8th. They issued an “equal weight” rating and a $58.00 price objective on the stock. BMO Capital Markets restated a “market perform” rating and set a $55.00 target price (down from $60.00) on shares of Fiserv in a research note on Wednesday. Robert W. Baird set a $78.00 price target on Fiserv in a research note on Wednesday, May 6th. Mizuho reduced their price target on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Finally, Rothschild & Co Redburn lowered their price objective on Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research note on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Fiserv has an average rating of “Hold” and a consensus target price of $76.57.

Insider Buying and Selling at Fiserv

In other Fiserv news, CFO Paul M. Todd purchased 10,060 shares of Fiserv stock in a transaction dated Wednesday, June 17th. The shares were bought at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. This represents a 5.78% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.06% 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.