124,200 Shares in Fiserv, Inc. $FISV Bought by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 124,200 shares of the business services provider’s stock, valued at approximately $8,343,000.

A number of other institutional investors and hedge funds also recently modified their holdings of FISV. Oakworth Capital Inc. acquired a new stake in Fiserv in the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC bought a new stake in Fiserv in the fourth quarter valued at approximately $25,000. American National Bank & Trust acquired a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Kimelman & Baird LLC acquired a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC bought a new position in shares of Fiserv during the 4th quarter worth approximately $27,000. 90.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

FISV has been the topic of a number of research analyst reports. Robert W. Baird set a $78.00 price target on Fiserv in a research note on Wednesday, May 6th. Truist Financial set a $58.00 price objective on shares of Fiserv and gave the company a “hold” rating in a report on Friday, May 29th. Rothschild & Co Redburn dropped their price objective on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Tigress Financial reaffirmed a “buy” rating and set a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. Finally, Cantor Fitzgerald lowered their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $82.23.

Fiserv Stock Performance

NASDAQ FISV opened at $53.28 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $28.41 billion, a P/E ratio of 9.03, a P/E/G ratio of 1.51 and a beta of 0.79. Fiserv, Inc. has a 12-month low of $52.17 and a 12-month high of $177.36. The firm has a 50-day moving average price of $57.41 and a two-hundred day moving average price of $61.20.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data 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 firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s quarterly revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts anticipate that Fiserv, Inc. will post 8.14 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.