Fiserv, Inc. $FISV Holdings Cut by Welch & Forbes LLC

Welch & Forbes LLC reduced its stake in Fiserv, Inc. (NASDAQ:FISVFree Report) by 9.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 506,394 shares of the business services provider’s stock after selling 50,990 shares during the period. Welch & Forbes LLC’s holdings in Fiserv were worth $28,257,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FISV. Vanguard Group Inc. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $3,507,063,000. Dodge & Cox acquired a new stake in Fiserv in the fourth quarter worth $3,323,210,000. State Street Corp acquired a new stake in Fiserv in the fourth quarter worth $1,588,663,000. Geode Capital Management LLC bought a new stake in Fiserv in the fourth quarter valued at $854,215,000. Finally, Amundi acquired a new position in shares of Fiserv during the fourth quarter valued at $825,819,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FISV. Truist Financial set a $58.00 price objective on shares of Fiserv and gave the stock a “hold” rating in a report on Friday, May 29th. BNP Paribas Exane cut shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price for the company. in a research report on Friday, June 5th. Morgan Stanley lifted their price target on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. Royal Bank Of Canada set a $75.00 price objective on Fiserv and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Finally, Robert W. Baird set a $78.00 price target on Fiserv in a research report on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $77.23.

Check Out Our Latest Stock Analysis on FISV

Fiserv Price Performance

Shares of FISV stock traded down $1.20 during mid-day trading on Friday, hitting $50.45. 7,437,308 shares of the stock traded hands, compared to its average volume of 9,078,024. Fiserv, Inc. has a twelve month low of $47.04 and a twelve month high of $169.74. 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 company’s 50-day simple moving average is $53.24 and its 200-day simple moving average is $58.90. The firm has a market cap of $26.90 billion, a price-to-earnings ratio of 8.55, a price-to-earnings-growth ratio of 1.41 and a beta of 0.82.

Fiserv (NASDAQ:FISVGet Free Report) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s quarterly 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. As a group, equities research analysts expect that Fiserv, Inc. will post 8.13 earnings per share for the current year.

Fiserv News Summary

Here are the key news stories impacting Fiserv this week:

Insider Buying and Selling at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the stock in a transaction dated Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the purchase, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.06% of the company’s stock.

Fiserv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fiserv (NASDAQ:FISV)

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