Bank of Montreal Can raised its holdings in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) by 22.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 521,557 shares of the business services provider’s stock after acquiring an additional 96,512 shares during the quarter. Bank of Montreal Can owned approximately 0.10% of Fiserv worth $67,244,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in the business. Norges Bank purchased a new stake in Fiserv during the second quarter worth approximately $1,252,260,000. Amundi increased its stake in Fiserv by 27.2% in the second quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock valued at $652,148,000 after purchasing an additional 807,916 shares during the last quarter. Legal & General Group Plc raised its holdings in Fiserv by 3.8% during the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider’s stock worth $469,051,000 after purchasing an additional 131,935 shares in the last quarter. Barclays PLC lifted its position in shares of Fiserv by 116.0% during the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after buying an additional 1,895,349 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Fiserv by 24.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider’s stock valued at $404,687,000 after buying an additional 607,213 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Key Stories Impacting Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: TruStage integration — Fiserv’s CoreAdvance platform will integrate TruStage Compliance Solutions to speed and simplify compliant account-opening workflows for banks, supporting recurring revenue and product-led sales. TruStage Integration Release
- Positive Sentiment: Analyst buy rating — Tigress Financial reaffirmed a buy on FISV with a $95 price target, suggesting significant upside if execution and turnaround accelerate. Tigress Rating
- Neutral Sentiment: Analyst neutrality — Cantor Fitzgerald reiterated a neutral rating with a $70 target, indicating mixed views among sell‑side firms on near-term recovery. Cantor Fitzgerald Note
- Neutral Sentiment: Investor events and commentary — Management presented at the Wolfe Research FinTech Forum; transcripts and management remarks (including measured comments on AI and transformation) provide more detail but haven’t materially shifted consensus yet. Wolfe Research Transcript
- Neutral Sentiment: AI commentary — Coverage highlights CEO Mike Lyons’ cautious, patient approach to AI-driven transformation — reassuring on long-term strategy but signaling slower near-term upside. AI Commentary
- Negative Sentiment: New CEO resets expectations — Coverage notes the CEO is pulling back on growth targets and signaling patience on transformation, which markets interpret as slower near-term revenue/earnings trajectory. CEO Growth Reset
- Negative Sentiment: Post-earnings pullback — Analysts and outlets highlight that FISV has fallen since the latest results despite an EPS beat, driven by cautious FY26 guidance and investor skepticism about the pace of recovery. Zacks Post-Earnings Note
- Negative Sentiment: Sector and sentiment pressure — Coverage citing Morningstar and others points to broader asset‑management/private‑credit worries weighing on financials and technology names, adding to selling pressure. Sector Headwinds
- Negative Sentiment: Negative retail/skim articles — Critical pieces advising avoidance of FISV amplify bearish sentiment among retail investors already reacting to the stock’s sharp multi‑month decline. Bearish Coverage
Fiserv Price Performance
Fiserv (NASDAQ:FISV – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts predict that Fiserv, Inc. will post 10.23 EPS for the current year.
Analyst Ratings Changes
Several brokerages recently commented on FISV. Northcoast Research lowered shares of Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. B. Riley Financial dropped their price objective on Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Tigress Financial reiterated a “buy” rating and set a $95.00 target price on shares of Fiserv in a research report on Wednesday. BNP Paribas Exane boosted their target price on Fiserv from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 11th. Finally, TD Cowen reissued 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 issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $109.74.
View Our Latest Report on FISV
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.
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