Poehling Capital Management INC. Takes $13.88 Million Position in Fiserv, Inc. $FISV

Poehling Capital Management INC. bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, HoldingsChannel reports. The firm bought 206,656 shares of the business services provider’s stock, valued at approximately $13,881,000. Fiserv makes up approximately 2.8% of Poehling Capital Management INC.’s holdings, making the stock its 7th largest holding.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $3,507,063,000. Capital World Investors boosted its position 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 worth $3,324,073,000 after purchasing an additional 6,714,536 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $223,136,000. Pittenger & Anderson Inc. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $193,349,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in Fiserv in the 4th quarter worth about $174,502,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Compass Point dropped their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Stephens dropped their price target on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Wells Fargo & Company dropped their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Friday, March 27th. The Goldman Sachs Group dropped their price target on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Finally, BNP Paribas Exane lowered their price objective on Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $82.97.

Fiserv Price Performance

FISV opened at $56.03 on Wednesday. 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 capitalization of $29.88 billion, a P/E ratio of 9.50, a P/E/G ratio of 1.80 and a beta of 0.84. The company’s 50-day simple moving average is $57.86 and its two-hundred day simple moving average is $62.07. Fiserv, Inc. has a 52-week low of $52.17 and a 52-week high of $177.36.

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