Notis McConarty Edward Buys New Shares in Fiserv, Inc. $FISV

Notis McConarty Edward bought a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 34,915 shares of the business services provider’s stock, valued at approximately $2,345,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. acquired a new position in shares of Fiserv during the 4th quarter worth about $3,507,063,000. Dodge & Cox purchased a new stake in shares of Fiserv in the 4th quarter valued at about $3,323,210,000. Capital World Investors lifted its holdings in shares of Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. State Street Corp purchased a new stake in shares of Fiserv in the 4th quarter valued at about $1,588,663,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Fiserv in the 4th quarter valued at about $854,215,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Fiserv Price Performance

Shares of NASDAQ:FISV opened at $49.83 on Wednesday. The business’s fifty day moving average price is $57.04 and its two-hundred day moving average price is $60.93. The stock has a market cap of $26.57 billion, a PE ratio of 8.45, a price-to-earnings-growth ratio of 1.34 and a beta of 0.79. 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, Inc. has a one year low of $47.37 and a one year high of $177.36.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Analysts Set New Price Targets

FISV has been the subject of several analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Truist Financial set a $58.00 price objective on Fiserv and gave the company a “hold” rating in a research note on Friday, May 29th. Weiss Ratings downgraded Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. Mizuho dropped their target price on Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Finally, Rothschild & Co Redburn dropped their target price on Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Fiserv presently has an average rating of “Hold” and an average target price of $82.23.

Fiserv News Roundup

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv launched a $2.75 billion tender offer for senior notes, a move that may lower future interest costs and improve financial flexibility. Article Title
• Positive Sentiment: Michael Burry reportedly added to his Fiserv position, signaling that some investors see the post-selloff weakness as an opportunity. Article Title
• Neutral Sentiment: Goldman Sachs kept a Hold rating and maintained its $70 price target, suggesting the brokerage is waiting for more clarity on the leadership transition and operating trends. Article Title
• Negative Sentiment: The CEO shakeup remains the main overhang, with investors worried about strategic continuity after Lyons’ abrupt exit just after investor day. Article Title
• Negative Sentiment: Ademi LLP’s shareholder investigation into possible fiduciary-duty claims adds another layer of legal and governance risk. Article Title

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.