Gamco Investors INC. ET AL Boosts Stock Holdings in Fiserv, Inc. $FISV

Gamco Investors INC. ET AL raised its stake in Fiserv, Inc. (NASDAQ:FISV) by 164.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,775 shares of the business services provider’s stock after acquiring an additional 8,575 shares during the period. Gamco Investors INC. ET AL’s holdings in Fiserv were worth $1,776,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Vise Technologies Inc. acquired a new position in Fiserv during the second quarter worth $2,320,000. Factory Mutual Insurance Co. lifted its holdings in Fiserv by 11.7% during the second quarter. Factory Mutual Insurance Co. now owns 157,000 shares of the business services provider’s stock valued at $27,068,000 after purchasing an additional 16,500 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co grew its position in shares of Fiserv by 236.6% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,037 shares of the business services provider’s stock valued at $1,386,000 after purchasing an additional 5,649 shares during the period. Nordea Investment Management AB increased its stake in shares of Fiserv by 4.1% during the third quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock worth $258,854,000 after purchasing an additional 78,220 shares in the last quarter. Finally, Investment Management Corp of Ontario raised its position in shares of Fiserv by 115.3% during the 2nd quarter. Investment Management Corp of Ontario now owns 50,609 shares of the business services provider’s stock worth $8,725,000 after purchasing an additional 27,107 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

FISV stock opened at $59.45 on Wednesday. Fiserv, Inc. has a 1 year low of $57.79 and a 1 year high of $227.00. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $31.79 billion, a PE ratio of 9.38, a price-to-earnings-growth ratio of 1.88 and a beta of 0.77. The business has a 50 day simple moving average of $63.72 and a 200-day simple moving average of $86.06.

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

Analyst Ratings Changes

Several research firms have commented on FISV. Stephens cut their price objective on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Compass Point decreased their target price on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Cantor Fitzgerald upgraded Fiserv to a “hold” rating in a research report on Tuesday, January 27th. B. Riley Financial reduced their price objective on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Finally, TD Cowen restated a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Ten investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $109.74.

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.