New Mexico Educational Retirement Board Takes $1.71 Million Position in Fiserv, Inc. $FISV

New Mexico Educational Retirement Board acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 25,516 shares of the business services provider’s stock, valued at approximately $1,714,000.

Several other large investors also recently made changes to their positions in FISV. Oakworth Capital Inc. bought a new position in Fiserv during the fourth quarter worth $25,000. American National Bank & Trust bought a new position in shares of Fiserv in the fourth quarter valued at about $27,000. Kimelman & Baird LLC bought a new position in shares of Fiserv in the fourth quarter valued at about $27,000. Mendota Financial Group LLC bought a new position in shares of Fiserv in the fourth quarter valued at about $28,000. Finally, Capital Advisors Ltd. LLC bought a new position in shares of Fiserv in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Susquehanna reissued a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. TD Cowen reissued a “buy” rating on shares of Fiserv in a research report on Friday, May 15th. UBS Group set a $65.00 price objective on shares of Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Keefe, Bruyette & Woods dropped their price objective on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Finally, Tigress Financial reissued a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Nine analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv has a consensus rating of “Hold” and an average price target of $82.80.

Fiserv Trading Down 4.4%

Shares of Fiserv stock opened at $56.46 on Wednesday. The firm has a 50-day moving average of $57.60 and a 200-day moving average of $61.59. The stock has a market cap of $30.11 billion, a PE ratio of 9.57, a PEG ratio of 1.65 and a beta of 0.79. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36. 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 earnings results 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. The company had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’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 forecast that Fiserv, Inc. will post 8.14 EPS for the current 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.