Vulcan Value Partners LLC Purchases Shares of 803,160 Fiserv, Inc. $FISV

Vulcan Value Partners LLC purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 803,160 shares of the business services provider’s stock, valued at approximately $103,398,000. Fiserv accounts for about 1.9% of Vulcan Value Partners LLC’s portfolio, making the stock its 18th largest position. Vulcan Value Partners LLC owned about 0.15% of Fiserv as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in FISV. Norges Bank acquired a new position in Fiserv during the second quarter worth $1,252,260,000. Amundi lifted its stake in Fiserv by 27.2% during the 2nd quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock worth $652,148,000 after acquiring an additional 807,916 shares in the last quarter. Legal & General Group Plc lifted its stake in Fiserv by 1.1% during the 2nd quarter. Legal & General Group Plc now owns 3,506,096 shares of the business services provider’s stock worth $604,486,000 after acquiring an additional 39,036 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in Fiserv by 3.9% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock valued at $362,128,000 after acquiring an additional 109,427 shares during the period. Finally, Franklin Resources Inc. grew its position in Fiserv by 34.7% in the 2nd quarter. Franklin Resources Inc. now owns 2,641,827 shares of the business services provider’s stock valued at $455,478,000 after acquiring an additional 680,743 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Citigroup reissued a “neutral” rating and issued a $68.00 price objective (down previously from $75.00) on shares of Fiserv in a research note on Wednesday, February 11th. Argus reissued a “hold” rating on shares of Fiserv in a research report on Thursday, October 30th. Zacks Research raised Fiserv from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. BNP Paribas Exane lifted their target price on Fiserv from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 11th. Finally, Susquehanna reissued a “positive” rating and set a $99.00 target price (down from $220.00) on shares of Fiserv in a research note on Wednesday, November 12th. Ten equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Fiserv presently has a consensus rating of “Hold” and an average target price of $110.16.

Fiserv Stock Performance

Shares of FISV stock opened at $61.47 on Monday. The company has a market cap of $32.87 billion, a P/E ratio of 9.70, a PEG ratio of 1.89 and a beta of 0.78. The firm has a fifty day moving average price of $65.26 and a 200 day moving average price of $92.34. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 12 month low of $57.79 and a 12 month high of $238.59.

Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter last year, the company earned $2.51 earnings per share. The firm’s revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Adam L. Rosman acquired 7,900 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was bought at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the completion of the purchase, the insider directly owned 61,285 shares of the company’s stock, valued at approximately $3,872,599.15. The trade was a 14.80% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Paul M. Todd bought 17,000 shares of Fiserv stock in a transaction dated Monday, December 1st. The stock was purchased at an average cost of $62.41 per share, with a total value of $1,060,970.00. Following the completion of the acquisition, the chief financial officer directly owned 24,453 shares in the company, valued at approximately $1,526,111.73. The trade was a 228.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.75% of the stock is owned by insiders.

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.