Artisan Partners Limited Partnership Has $81.16 Million Position in Fiserv, Inc. $FISV

Artisan Partners Limited Partnership boosted its holdings in Fiserv, Inc. (NASDAQ:FISV) by 1.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 629,478 shares of the business services provider’s stock after acquiring an additional 11,147 shares during the period. Artisan Partners Limited Partnership owned 0.12% of Fiserv worth $81,159,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Vise Technologies Inc. bought a new position in Fiserv in the 2nd quarter valued at about $2,320,000. Factory Mutual Insurance Co. boosted its position in shares of Fiserv by 11.7% during the 2nd quarter. Factory Mutual Insurance Co. now owns 157,000 shares of the business services provider’s stock worth $27,068,000 after acquiring an additional 16,500 shares in the last quarter. Dillon & Associates Inc. increased its stake in Fiserv by 9.1% in the second quarter. Dillon & Associates Inc. now owns 88,570 shares of the business services provider’s stock valued at $15,234,000 after acquiring an additional 7,419 shares during the last quarter. Ipsen Advisor Group LLC acquired a new position in Fiserv during the second quarter valued at approximately $759,000. Finally, FUKOKU MUTUAL LIFE INSURANCE Co lifted its stake in Fiserv by 236.6% during the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,037 shares of the business services provider’s stock worth $1,386,000 after purchasing an additional 5,649 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Stock Performance

Fiserv stock opened at $62.29 on Friday. The business has a 50 day moving average of $64.50 and a 200-day moving average of $90.40. The company has a market capitalization of $33.31 billion, a P/E ratio of 9.82, a P/E/G ratio of 1.90 and a beta of 0.78. Fiserv, Inc. has a 1 year low of $57.79 and a 1 year high of $238.59. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.78 billion. During the same period in the previous year, the firm posted $2.51 EPS. The company’s revenue for the quarter was up .6% 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 predict that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Paul M. Todd purchased 17,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was bought at an average price of $62.41 per share, with a total value of $1,060,970.00. Following the completion of the purchase, the chief financial officer owned 24,453 shares in the company, valued at approximately $1,526,111.73. This represents a 228.10% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Adam L. Rosman acquired 7,900 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was bought at an average cost of $63.19 per share, for a total transaction of $499,201.00. Following the completion of the purchase, the insider owned 61,285 shares of the company’s stock, valued at $3,872,599.15. This trade represents a 14.80% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FISV shares. Jefferies Financial Group lifted their price target on Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a research note on Wednesday, January 21st. Northcoast Research cut Fiserv from a “buy” rating to a “neutral” rating in a research report on Monday, February 2nd. Mizuho lowered their target price on Fiserv from $110.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, December 22nd. Cantor Fitzgerald upgraded shares of Fiserv to a “hold” rating in a research note on Tuesday, January 27th. Finally, TD Cowen reiterated a “hold” rating on shares of Fiserv in a research report on Monday, January 12th. Ten research 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 stock. Based on data from MarketBeat.com, Fiserv presently has an average rating of “Hold” and a consensus price target of $109.74.

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.