Praxis Investment Management Inc. purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 13,764 shares of the business services provider’s stock, valued at approximately $925,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FISV. Vanguard Group Inc. bought a new stake in shares of Fiserv during the 4th quarter worth about $3,507,063,000. Capital World Investors raised its position in shares of Fiserv by 35.2% during 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 buying an additional 6,714,536 shares in the last quarter. Pittenger & Anderson Inc. bought a new stake in shares of Fiserv during the 4th quarter worth about $193,349,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of Fiserv during the 4th quarter worth about $174,502,000. Finally, Barclays PLC raised its position in shares of Fiserv by 116.0% during the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after buying an additional 1,895,349 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.
Fiserv News Summary
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: EPS beat but partly one‑time benefit — Fiserv reported adjusted EPS of $1.79, above consensus, aided by a ~ $0.17 per‑share tax benefit that boosted the beat; this supports near‑term cash generation. Zacks: FISV Q1 Earnings
- Positive Sentiment: Product launches/longer‑term growth initiatives — Early rollouts of the CashFlow Central small‑business tools and Experience Digital upgrades could support future revenue recovery if adoption scales. Yahoo: CashFlow Central & valuation
- Neutral Sentiment: Company reaffirms FY‑2026 guidance — Fiserv reiterated adjusted EPS guidance of $8.00–$8.30, roughly in line with consensus, which provides some visibility but reflects a cautious outlook. GlobeNewswire: Q1 results & guidance
- Neutral Sentiment: “Transition year” message from management — CEO described 2026 as a transition year with new executive hires and cost‑cutting actions intended to revive growth; this signals restructuring pain now for potential gains later. PaymentsDive: Transition year
- Negative Sentiment: Revenue and organic growth missed/softened — GAAP revenue fell ~2% y/y and organic revenue declined ~4% (merchant and financial solutions weakness), and margins contracted, fueling concerns over near‑term growth momentum. Reuters: Revenue miss
- Negative Sentiment: Analyst downgrades and price‑target cuts — Several firms cut forecasts and targets (BMO trimmed to $55 hold; B. Riley to $66 neutral; Mizuho lowered its target to $90 but remains outperform), amplifying selling pressure. Benzinga: Analysts cut forecasts TipRanks: BMO cut
- Negative Sentiment: Market reaction and heightened volatility — Shares fell sharply after the print (including a near‑term ~7% intraday drop in early trading) and unusual options activity suggests increased short‑term trading/hedging. Yahoo: Stock down after Q1
Wall Street Analyst Weigh In
Read Our Latest Research Report on FISV
Fiserv Stock Down 2.0%
NASDAQ FISV opened at $56.11 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.03. The company’s 50 day simple moving average is $59.13 and its 200 day simple moving average is $66.11. Fiserv, Inc. has a 12 month low of $52.91 and a 12 month high of $191.91. The company has a market capitalization of $29.96 billion, a P/E ratio of 9.51, a PEG ratio of 1.77 and a beta of 0.84.
Fiserv (NASDAQ:FISV – Get Free Report) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates 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 $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. 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. Equities research analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.
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