Northwestern Mutual Wealth Management Co. Takes Position in Fiserv, Inc. $FISV

Northwestern Mutual Wealth Management Co. bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 44,900 shares of the business services provider’s stock, valued at approximately $3,016,000.

Several other large investors have also recently modified their holdings of FISV. Chicago Capital LLC acquired a new position in shares of Fiserv in the 4th quarter valued at about $1,316,000. Vulcan Value Partners LLC bought a new stake in Fiserv in the third quarter worth approximately $103,398,000. Blume Capital Management Inc. increased its holdings in Fiserv by 785.7% in the third quarter. Blume Capital Management Inc. now owns 25,197 shares of the business services provider’s stock worth $3,249,000 after purchasing an additional 22,352 shares in the last quarter. ZWJ Investment Counsel Inc. acquired a new position in Fiserv in the fourth quarter valued at approximately $1,141,000. Finally, Robeco Institutional Asset Management B.V. bought a new position in shares of Fiserv during the 4th quarter worth approximately $4,127,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Robert W. Baird set a $78.00 price objective on shares of Fiserv in a research note on Wednesday, May 6th. UBS Group set a $65.00 price target on shares of Fiserv and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Stephens cut their price objective on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 11th. Rothschild & Co Redburn reduced their target price on Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research note on Tuesday, May 12th. Finally, BMO Capital Markets upped their price target on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a research note on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $82.80.

Fiserv Stock Up 2.1%

Fiserv stock opened at $56.23 on Friday. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The firm’s 50-day simple moving average is $57.54 and its 200 day simple moving average is $61.42. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $29.98 billion, a PE ratio of 9.53, a price-to-earnings-growth ratio of 1.54 and a beta of 0.79.

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

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.