Fiserv (NASDAQ:FISV) Rating Increased to Hold at BMO Capital Markets

BMO Capital Markets upgraded shares of Fiserv (NASDAQ:FISV) to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

A number of other equities analysts have also weighed in on the company. Citigroup lowered their target price on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. decreased their price target on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley set a $64.00 price objective on shares of Fiserv in a report on Wednesday, February 11th. Finally, Wells Fargo & Company dropped their price objective 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. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Fiserv has an average rating of “Hold” and an average price target of $96.63.

Fiserv Stock Performance

Shares of FISV opened at $63.26 on Tuesday. Fiserv has a one year low of $52.91 and a one year high of $221.50. The company has a market cap of $33.78 billion, a PE ratio of 9.98, a P/E/G ratio of 1.96 and a beta of 0.79. The stock has a 50-day moving average of $59.18 and a 200-day moving average of $70.05. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior year, the business earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts predict that Fiserv will post 8.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Fiserv

Institutional investors have recently bought and sold shares of the stock. Nordea Investment Management AB boosted its position in Fiserv by 4.1% in the third quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider’s stock worth $258,854,000 after purchasing an additional 78,220 shares during the last quarter. Chicago Capital LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at $1,316,000. AGF Management Ltd. raised its stake in shares of 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 period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in shares of Fiserv by 3.9% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock worth $362,128,000 after purchasing an additional 109,427 shares during the period. Finally, CMH Wealth Management LLC boosted its holdings in shares of Fiserv by 49.6% in the 3rd quarter. CMH Wealth Management LLC now owns 86,676 shares of the business services provider’s stock worth $11,175,000 after buying an additional 28,729 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

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.