Fiserv, Inc. $FISV is Clark Estates Inc. NY’s 4th Largest Position

Clark Estates Inc. NY boosted its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 113.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,300 shares of the business services provider’s stock after purchasing an additional 80,000 shares during the quarter. Fiserv comprises 4.4% of Clark Estates Inc. NY’s holdings, making the stock its 4th largest holding. Clark Estates Inc. NY’s holdings in Fiserv were worth $19,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Fiserv in the 2nd quarter valued at about $1,252,260,000. Amundi lifted its position in Fiserv by 27.2% during the second quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock valued at $652,148,000 after acquiring an additional 807,916 shares during the last quarter. Legal & General Group Plc lifted its position in Fiserv by 1.1% during the second quarter. Legal & General Group Plc now owns 3,506,096 shares of the business services provider’s stock valued at $604,486,000 after acquiring an additional 39,036 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its stake in Fiserv by 3.9% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,921,333 shares of the business services provider’s stock valued at $362,128,000 after acquiring an additional 109,427 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in Fiserv by 34.7% in the second quarter. Franklin Resources Inc. now owns 2,641,827 shares of the business services provider’s stock worth $455,478,000 after purchasing an additional 680,743 shares during the last quarter. 90.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Fiserv

In related news, CFO Paul M. Todd purchased 17,000 shares of the business’s stock in a transaction on Monday, December 1st. The shares were bought at an average cost of $62.41 per share, with a total value of $1,060,970.00. Following the transaction, the chief financial officer owned 24,453 shares of the company’s stock, valued at approximately $1,526,111.73. This trade represents a 228.10% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Adam L. Rosman acquired 7,900 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was bought at an average cost of $63.19 per share, with a total value of $499,201.00. Following the acquisition, the insider owned 61,285 shares in the company, valued at approximately $3,872,599.15. This trade represents a 14.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on FISV shares. Seaport Research Partners cut Fiserv from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 29th. Citigroup reiterated a “neutral” rating and issued a $68.00 price target (down from $75.00) on shares of Fiserv in a research note on Wednesday, February 11th. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. B. Riley Financial restated a “neutral” rating and set a $72.00 price objective (down previously from $76.00) on shares of Fiserv in a report on Wednesday, February 11th. Finally, Stephens lowered their target price on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Ten investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.16.

Fiserv Trading Down 0.1%

Shares of NASDAQ:FISV opened at $61.47 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 52-week low of $57.79 and a 52-week high of $238.59. The stock has a market cap of $32.87 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 1.89 and a beta of 0.78. The business has a 50-day moving average price of $65.26 and a 200-day moving average price of $92.34.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the prior year, the company earned $2.51 EPS. Fiserv’s quarterly revenue was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts predict that Fiserv, Inc. will post 10.23 EPS for the current year.

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.