Poehling Capital Management INC. Has $12.53 Million Position in Fiserv, Inc. $FISV

Poehling Capital Management INC. lifted its stake in Fiserv, Inc. (NASDAQ:FISV) by 8.6% during the 1st quarter, HoldingsChannel reports. The fund owned 224,501 shares of the business services provider’s stock after buying an additional 17,845 shares during the period. Fiserv comprises approximately 2.6% of Poehling Capital Management INC.’s portfolio, making the stock its 6th biggest holding. Poehling Capital Management INC.’s holdings in Fiserv were worth $12,527,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC raised its stake in Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares during the last quarter. Bison Wealth LLC grew its position in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after purchasing an additional 116 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after purchasing an additional 483 shares during the period. Jump Financial LLC bought a new position in shares of Fiserv during the 2nd quarter worth about $1,001,000. Finally, Gamco Investors INC. ET AL raised its position in shares of Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after buying an additional 350 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Insider Activity

In other Fiserv news, CFO Paul M. Todd bought 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, with a total value of $499,982.00. Following the acquisition, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

FISV has been the topic of several research reports. The Goldman Sachs Group lowered their price target on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Citigroup lowered their price objective on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Weiss Ratings cut Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, June 12th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Finally, Susquehanna reissued a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and an average target price of $82.23.

Fiserv Stock Up 4.0%

Shares of NASDAQ:FISV opened at $49.45 on Friday. The company’s fifty day moving average is $55.52 and its 200-day moving average is $60.06. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. Fiserv, Inc. has a 52 week low of $47.04 and a 52 week high of $175.92. The company has a market capitalization of $26.37 billion, a PE ratio of 8.38, a P/E/G ratio of 1.33 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. The firm had revenue of $4.67 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. Equities research analysts predict 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.