Vanguard Group Inc. Takes Position in Fiserv, Inc. $FISV

Vanguard Group Inc. purchased a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 52,211,751 shares of the business services provider’s stock, valued at approximately $3,507,063,000. Vanguard Group Inc. owned 0.10% of Fiserv at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Jacobsen Capital Management lifted its holdings in shares of Fiserv by 5.8% during the 3rd quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock valued at $228,000 after buying an additional 97 shares during the period. Stonebridge Capital Advisors LLC increased its stake in shares of Fiserv by 2.3% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after purchasing an additional 98 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of Fiserv by 1.7% in the 3rd quarter. Boston Trust Walden Corp now owns 6,446 shares of the business services provider’s stock worth $831,000 after purchasing an additional 108 shares in the last quarter. Quent Capital LLC increased its stake in shares of Fiserv by 5.6% in the 3rd quarter. Quent Capital LLC now owns 2,199 shares of the business services provider’s stock worth $284,000 after purchasing an additional 116 shares in the last quarter. Finally, Bison Wealth LLC increased its stake in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares in the last quarter. 90.98% of the stock is owned by institutional investors.

Fiserv Trading Up 0.5%

Shares of FISV stock opened at $61.60 on Wednesday. Fiserv, Inc. has a 52-week low of $52.91 and a 52-week high of $191.91. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market capitalization of $32.89 billion, a PE ratio of 9.72, a PEG ratio of 1.90 and a beta of 0.79. The stock has a fifty day simple moving average of $59.26 and a two-hundred day simple moving average of $67.85.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same quarter in the prior year, the business posted $2.51 EPS. Fiserv’s revenue for the quarter was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts predict that Fiserv, Inc. will post 8.12 EPS for the current fiscal year.

Analyst Ratings Changes

FISV has been the subject of several analyst reports. Keefe, Bruyette & Woods reduced their price objective on Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. B. Riley Financial reduced their price objective on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Wells Fargo & Company reduced their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Finally, Truist Financial reduced their price objective on Fiserv from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $92.41.

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.