Rockefeller Capital Management L.P. Makes New $4.46 Million Investment in Fiserv, Inc. $FISV

Rockefeller Capital Management L.P. acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 66,419 shares of the business services provider’s stock, valued at approximately $4,461,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oakworth Capital Inc. acquired a new stake in shares of Fiserv during the 4th quarter worth about $25,000. Private Wealth Asset Management LLC acquired a new position in Fiserv in the fourth quarter valued at about $25,000. American National Bank & Trust acquired a new position in Fiserv in the fourth quarter valued at about $27,000. Kimelman & Baird LLC bought a new stake in Fiserv during the fourth quarter worth about $27,000. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Fiserv during the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insider Buying and Selling at Fiserv

In related news, CFO Paul M. Todd purchased 10,060 shares of Fiserv stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.06% of the stock is currently owned by company insiders.

Fiserv Stock Up 4.0%

Shares of NASDAQ:FISV opened at $49.45 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market cap of $26.37 billion, a price-to-earnings ratio of 8.38, a P/E/G ratio of 1.38 and a beta of 0.79. The company has a 50 day moving average of $55.52 and a 200-day moving average of $60.06. Fiserv, Inc. has a one year low of $47.04 and a one year high of $175.92.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data 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. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. The firm’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. On average, sell-side analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. BNP Paribas Exane downgraded Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a report on Friday, June 5th. Royal Bank Of Canada set a $75.00 price target on Fiserv and gave the company an “outperform” rating in a report on Wednesday, May 6th. UBS Group set a $65.00 price objective on Fiserv and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Citigroup decreased their target price on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $82.23.

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.