Savant Capital LLC Purchases New Shares in Fiserv, Inc. $FISV

Savant Capital LLC purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, Holdings Channel.com reports. The firm purchased 39,044 shares of the business services provider’s stock, valued at approximately $2,623,000.

Other institutional investors have also made changes to their positions in the company. Chicago Capital LLC bought a new stake in Fiserv during the 4th quarter worth about $1,316,000. AGF Management Ltd. raised its holdings in Fiserv by 55.4% during the 3rd quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider’s stock worth $25,080,000 after purchasing an additional 69,383 shares during the last quarter. National Pension Service raised its holdings in Fiserv by 2.6% during the 3rd quarter. National Pension Service now owns 1,217,726 shares of the business services provider’s stock worth $157,001,000 after purchasing an additional 30,951 shares during the last quarter. Machina Capital S.A.S. raised its holdings in Fiserv by 256.8% during the 3rd quarter. Machina Capital S.A.S. now owns 47,170 shares of the business services provider’s stock worth $6,082,000 after purchasing an additional 33,949 shares during the last quarter. Finally, Vulcan Value Partners LLC bought a new stake in Fiserv during the 3rd quarter worth about $103,398,000. 90.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. BMO Capital Markets boosted their price objective on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a report on Friday, May 15th. Cantor Fitzgerald dropped their price objective on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Loop Capital dropped their price objective on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a report on Friday, May 15th. Finally, 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. Nine investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $82.80.

Fiserv Price Performance

Fiserv stock opened at $56.56 on Monday. The firm has a market capitalization of $30.16 billion, a P/E ratio of 9.59, a PEG ratio of 1.58 and a beta of 0.80. Fiserv, Inc. has a 1 year low of $52.17 and a 1 year high of $177.36. The business has a 50-day moving average of $57.56 and a 200-day moving average of $61.62. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

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, topping the consensus estimate of $1.57 by $0.22. The company had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’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. On average, equities analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current 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.