Fiserv, Inc. $FISV Shares Acquired by JANA Partners Management LP

JANA Partners Management LP increased its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 97.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 4,435,605 shares of the business services provider’s stock after buying an additional 2,190,085 shares during the period. Fiserv makes up about 14.8% of JANA Partners Management LP’s investment portfolio, making the stock its 3rd biggest position. JANA Partners Management LP’s holdings in Fiserv were worth $247,507,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Stonebridge Capital Advisors LLC grew its stake in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares in the last quarter. SkyView Investment Advisors LLC lifted its stake in shares of Fiserv by 2.9% in the fourth quarter. SkyView Investment Advisors LLC now owns 7,052 shares of the business services provider’s stock worth $474,000 after acquiring an additional 198 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in Fiserv by 10.4% in the first quarter. Sunbelt Securities Inc. now owns 2,290 shares of the business services provider’s stock valued at $128,000 after purchasing an additional 215 shares during the last quarter. Finally, Cambient Family Office LLC grew its stake in Fiserv by 1.7% during the 1st quarter. Cambient Family Office LLC now owns 17,096 shares of the business services provider’s stock valued at $954,000 after purchasing an additional 291 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Performance

NASDAQ:FISV opened at $53.94 on Monday. The company has a market cap of $28.76 billion, a PE ratio of 9.14, a P/E/G ratio of 1.51 and a beta of 0.82. The business’s 50 day moving average is $51.97 and its two-hundred day moving average is $57.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a 52 week low of $47.04 and a 52 week high of $141.38.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm’s revenue for the quarter 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, analysts predict that Fiserv, Inc. will post 8.13 EPS for the current year.

Insider Buying and Selling

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was purchased at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the acquisition, the chief financial officer directly owned 184,107 shares in the company, valued at $9,150,117.90. This trade represents a 5.78% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.06% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FISV. Susquehanna restated a “positive” rating and set a $91.00 price objective (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Wells Fargo & Company set a $56.00 target price on Fiserv and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Truist Financial decreased their price target on shares of Fiserv from $58.00 to $52.00 and set a “hold” rating for the company in a research report on Friday, July 24th. TD Cowen dropped their price target on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating for the company in a research note on Tuesday, July 7th. Finally, BNP Paribas Exane cut shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 price target on the stock. in a report on Friday, June 5th. Six investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $76.57.

Fiserv 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.