Fiserv, Inc. $FISV Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT trimmed its holdings in Fiserv, Inc. (NASDAQ:FISV) by 17.8% during the first quarter, HoldingsChannel reports. The firm owned 76,342 shares of the business services provider’s stock after selling 16,491 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Fiserv were worth $4,260,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FISV. Chicago Capital LLC acquired a new stake in shares of Fiserv during the fourth quarter worth about $1,316,000. ZWJ Investment Counsel Inc. acquired a new position in shares of Fiserv in the fourth quarter valued at approximately $1,141,000. Robeco Institutional Asset Management B.V. purchased a new stake in Fiserv during the 4th quarter worth approximately $4,127,000. KLP Kapitalforvaltning AS purchased a new stake in Fiserv during the 4th quarter worth approximately $14,907,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in Fiserv during the 4th quarter worth approximately $1,996,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fiserv

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on FISV shares. Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. Wells Fargo & Company set a $56.00 price target on Fiserv and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $53.00 price objective (down from $62.00) on shares of Fiserv in a research note on Wednesday. Susquehanna reissued a “positive” rating and set a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $60.00 target price (down from $70.00) on shares of Fiserv in a research note on Thursday, July 9th. Six analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $76.57.

Fiserv Price Performance

Fiserv stock opened at $51.02 on Monday. Fiserv, Inc. has a fifty-two week low of $47.04 and a fifty-two week high of $144.05. 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 company has a market capitalization of $27.21 billion, a P/E ratio of 8.65, a PEG ratio of 1.43 and a beta of 0.82. The stock has a 50-day simple moving average of $52.21 and a 200-day simple moving average of $57.67.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. 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 expect that Fiserv, Inc. will post 8.13 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.