Banyan Capital Management Inc. Takes Position in Fiserv, Inc. $FISV

Banyan Capital Management Inc. acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 90,084 shares of the business services provider’s stock, valued at approximately $6,051,000. Fiserv comprises 2.6% of Banyan Capital Management Inc.’s holdings, making the stock its 12th largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC raised its position in Fiserv by 3,750.0% in the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after purchasing an additional 225 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new position in Fiserv in the third quarter worth about $30,000. Westfuller Advisors LLC acquired a new position in Fiserv in the third quarter worth about $36,000. WFA of San Diego LLC acquired a new position in Fiserv in the second quarter worth about $55,000. Finally, Davis Capital Management acquired a new position in Fiserv in the third quarter worth about $43,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Performance

NASDAQ FISV opened at $62.81 on Tuesday. Fiserv, Inc. has a 1-year low of $52.91 and a 1-year high of $191.91. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a 50 day moving average of $59.26 and a 200-day moving average of $67.00. The firm has a market cap of $33.54 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 1.93 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The business had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same period in the prior year, the firm earned $2.51 earnings per share. Fiserv’s revenue 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, equities analysts forecast that Fiserv, Inc. will post 8.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FISV shares. Weiss Ratings raised shares of Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. TD Cowen reissued a “hold” rating on shares of Fiserv in a research report on Monday, January 12th. JPMorgan Chase & Co. dropped their price target on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Compass Point dropped their price objective on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $92.14.

Fiserv Company 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.