Elefante Mark B Takes $1.53 Million Position in Fiserv, Inc. $FISV

Elefante Mark B bought a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 22,761 shares of the business services provider’s stock, valued at approximately $1,529,000.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. bought a new position in shares of Fiserv during the 4th quarter valued at approximately $3,507,063,000. Dodge & Cox bought a new position in shares of Fiserv during the 4th quarter valued at approximately $3,323,210,000. Capital World Investors increased its position in shares of Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. State Street Corp bought a new position in Fiserv in the 4th quarter valued at $1,588,663,000. Finally, Geode Capital Management LLC bought a new position in Fiserv in the 4th quarter valued at $854,215,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

FISV opened at $49.83 on Wednesday. Fiserv, Inc. has a 12-month low of $47.37 and a 12-month high of $177.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The business’s fifty day simple moving average is $57.04 and its 200-day simple moving average is $60.93. The company has a market capitalization of $26.57 billion, a price-to-earnings ratio of 8.45, a PEG ratio of 1.34 and a beta of 0.79.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (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 business had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. The business’s 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. On average, equities research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Key Stories Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv launched a $2.75 billion tender offer for senior notes, a move that may lower future interest costs and improve financial flexibility. Article Title
• Positive Sentiment: Michael Burry reportedly added to his Fiserv position, signaling that some investors see the post-selloff weakness as an opportunity. Article Title
• Neutral Sentiment: Goldman Sachs kept a Hold rating and maintained its $70 price target, suggesting the brokerage is waiting for more clarity on the leadership transition and operating trends. Article Title
• Negative Sentiment: The CEO shakeup remains the main overhang, with investors worried about strategic continuity after Lyons’ abrupt exit just after investor day. Article Title
• Negative Sentiment: Ademi LLP’s shareholder investigation into possible fiduciary-duty claims adds another layer of legal and governance risk. Article Title

Analyst Ratings Changes

FISV has been the topic of several research analyst reports. The Goldman Sachs Group cut their price objective on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. UBS Group set a $65.00 price objective on Fiserv and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Weiss Ratings downgraded Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday. Finally, Wells Fargo & Company cut their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. Nine research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $82.23.

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.