Hartford Investment Management Co. Makes New Investment in Fiserv, Inc. $FISV

Hartford Investment Management Co. purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 31,062 shares of the business services provider’s stock, valued at approximately $2,086,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Investors Asset Management of Georgia Inc. GA ADV bought a new stake in shares of Fiserv in the 4th quarter worth approximately $469,000. Purkiss Capital Advisors LLC bought a new stake in shares of Fiserv in the 4th quarter worth approximately $478,000. Provident Investment Management Inc. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $913,000. Meridian Wealth Management LLC bought a new stake in shares of Fiserv in the 4th quarter worth approximately $3,570,000. Finally, HighPoint Advisor Group LLC bought a new stake in shares of Fiserv in the 4th quarter worth approximately $547,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Stock Performance

Shares of FISV opened at $53.46 on Friday. 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 company has a market capitalization of $28.51 billion, a PE ratio of 9.06, a PEG ratio of 1.66 and a beta of 0.84. Fiserv, Inc. has a 52 week low of $52.17 and a 52 week high of $190.86. The company’s 50 day moving average price is $58.29 and its 200 day moving average price is $63.16.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 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 the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. 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. Research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Tigress Financial reiterated a “buy” rating and issued a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. Susquehanna restated a “positive” rating and set a $91.00 price target (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Truist Financial cut their price target on shares of Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Morgan Stanley cut their price target on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 28th. Finally, Jefferies Financial Group boosted their price target on shares of Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $83.57.

Trending Headlines about Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv reaffirmed 2026 guidance and outlined a longer-term plan for 4% to 6% annual adjusted revenue growth from 2026 to 2029, with adjusted operating margins expected to exceed 37% by 2029 and EPS topping $12.00 in 2029.
• Positive Sentiment: The company launched agentOS and announced a collaboration with OpenAI, signaling a push into agentic AI for banks that could improve efficiency for customers and open new product opportunities.
• Positive Sentiment: Management emphasized the “One Fiserv” strategy, which is aimed at driving durable growth, stronger cash generation, and disciplined capital allocation, helping restore confidence in the turnaround narrative.
• Neutral Sentiment: Fiserv also announced a joint venture with Bridgeport Partners for its ATM Managed Services, Cash & Logistics, and MoneyPass businesses, a move that may unlock value but still needs regulatory approval and closing conditions.
• Negative Sentiment: The 2026 outlook still calls for only 1% to 3% adjusted and organic revenue growth, which suggests near-term growth remains modest despite the more optimistic multi-year targets.
• Negative Sentiment: A recent analyst price-target cut to $40 from Rothschild & Co Redburn reflects lingering skepticism about the stock’s near-term recovery.

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.