164,276 Shares in Fiserv, Inc. $FISV Bought by ING Groep NV

ING Groep NV purchased a new position in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 164,276 shares of the business services provider’s stock, valued at approximately $11,034,000.

Other institutional investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new stake in shares of Fiserv in the third quarter worth $30,000. WFA of San Diego LLC purchased a new stake in shares of Fiserv in the second quarter worth $55,000. Oakworth Capital Inc. purchased a new stake in shares of Fiserv in the fourth quarter worth $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of Fiserv in the fourth quarter worth $25,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Fiserv in the fourth quarter worth $27,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Fiserv Price Performance

FISV stock opened at $54.43 on Monday. Fiserv, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The business’s 50-day moving average is $57.49 and its two-hundred day moving average is $61.36. 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 cap of $29.02 billion, a price-to-earnings ratio of 9.23, a P/E/G ratio of 1.52 and a beta of 0.80.

Fiserv (NASDAQ:FISV) last posted its 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. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. The business’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on FISV shares. Tigress Financial reissued a “buy” rating and issued a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Weiss Ratings raised Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft cut their target price on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. B. Riley Financial cut their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Finally, UBS Group set a $65.00 target price on Fiserv and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $82.23.

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.