Kidder Stephen W Acquires Shares of 66,632 Fiserv, Inc. $FISV

Kidder Stephen W acquired a new stake in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 66,632 shares of the business services provider’s stock, valued at approximately $4,476,000. Fiserv makes up 1.3% of Kidder Stephen W’s investment portfolio, making the stock its 27th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. bought a new stake in Fiserv during the 4th quarter valued at about $3,507,063,000. Dodge & Cox bought a new stake in Fiserv during the 4th quarter valued at about $3,323,210,000. Capital World Investors increased its stake in 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 in the last quarter. State Street Corp bought a new stake in Fiserv during the 4th quarter valued at about $1,588,663,000. Finally, Geode Capital Management LLC bought a new stake in Fiserv during the 4th quarter valued at about $854,215,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Stock Performance

Shares of NASDAQ FISV opened at $49.83 on Wednesday. The firm’s 50-day moving average price is $57.04 and its 200-day moving average price is $60.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market cap of $26.57 billion, a PE ratio of 8.45, a PEG ratio of 1.34 and a beta of 0.79. Fiserv, Inc. has a 52-week low of $47.37 and a 52-week high of $177.36.

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 analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion for 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 business’s 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 anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Wall Street Analyst Weigh In

FISV has been the subject of a number of analyst reports. Cantor Fitzgerald reduced their price objective on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. TD Cowen restated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Truist Financial set a $58.00 price objective on shares of Fiserv and gave the company a “hold” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. Finally, B. Riley Financial dropped their price target on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $82.23.

Fiserv News Roundup

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

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.