Franklin Resources Inc. Acquires Shares of 3,178,330 Fiserv, Inc. $FISV

Franklin Resources Inc. acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,178,330 shares of the business services provider’s stock, valued at approximately $213,488,000. Franklin Resources Inc. owned 0.58% of Fiserv as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Erste Asset Management GmbH bought a new stake in Fiserv in the fourth quarter valued at approximately $503,000. O Shaughnessy Asset Management LLC bought a new position in shares of Fiserv during the fourth quarter worth approximately $3,385,000. Manchester Capital Management LLC bought a new position in shares of Fiserv during the fourth quarter worth approximately $168,000. Krane Funds Advisors LLC bought a new position in shares of Fiserv during the fourth quarter worth approximately $887,000. Finally, SouthState Bank Corp bought a new position in shares of Fiserv during the fourth quarter worth approximately $1,716,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Fiserv stock opened at $54.03 on Wednesday. The stock’s fifty day moving average price is $57.44 and its two-hundred day moving average price is $61.25. Fiserv, Inc. has a one year low of $52.17 and a one year high of $177.36. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $28.81 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 1.48 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data 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 return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. The business’s revenue for the quarter 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, research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

FISV has been the topic of a number of recent research reports. Cantor Fitzgerald lowered their target price on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a research note on Friday. The Goldman Sachs Group lowered their target price on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Susquehanna reiterated a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Finally, Morgan Stanley increased their target price on Fiserv from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $82.23.

Fiserv Company 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.