Crossmark Global Holdings Inc. Purchases Shares of 30,237 Fiserv, Inc. $FISV

Crossmark Global Holdings Inc. acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 30,237 shares of the business services provider’s stock, valued at approximately $2,031,000.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after buying an additional 2,033 shares during the period. Bison Wealth LLC raised its holdings in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. raised its holdings in Fiserv by 21.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after acquiring an additional 483 shares during the period. Jump Financial LLC acquired a new stake in Fiserv during the second quarter worth approximately $1,001,000. Finally, Gamco Investors INC. ET AL boosted its holdings in shares of Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after acquiring an additional 350 shares during the period. 90.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on FISV shares. JPMorgan Chase & Co. lowered their target price on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Compass Point reduced their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Stephens decreased their price objective on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Weiss Ratings upgraded Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Finally, Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $87.21.

Fiserv Price Performance

Fiserv stock opened at $54.39 on Tuesday. The stock’s fifty day moving average price is $58.82 and its two-hundred day moving average price is $64.67. The firm has a market cap of $29.00 billion, a PE ratio of 9.22, a price-to-earnings-growth ratio of 1.72 and a beta of 0.84. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv, Inc. has a one year low of $52.91 and a one year high of $191.91.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv’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. As a group, research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal 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.