Empirical Financial Services LLC d.b.a. Empirical Wealth Management Decreases Stock Position in Fiserv, Inc. $FISV

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 44.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,929 shares of the business services provider’s stock after selling 30,984 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Fiserv were worth $5,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of FISV. Norges Bank purchased a new stake in shares of Fiserv during the second quarter valued at approximately $1,252,260,000. Amundi boosted its position in Fiserv by 27.2% during the 2nd quarter. Amundi now owns 3,781,665 shares of the business services provider’s stock valued at $652,148,000 after buying an additional 807,916 shares during the period. Legal & General Group Plc grew its holdings in Fiserv by 1.1% in the 2nd quarter. Legal & General Group Plc now owns 3,506,096 shares of the business services provider’s stock worth $604,486,000 after acquiring an additional 39,036 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its position in shares of 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 during the period. Finally, Franklin Resources Inc. raised its stake in shares of Fiserv by 34.7% during the second quarter. Franklin Resources Inc. now owns 2,641,827 shares of the business services provider’s stock valued at $455,478,000 after acquiring an additional 680,743 shares during the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Fiserv

In other Fiserv news, CFO Paul M. Todd bought 17,000 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was acquired 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 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 document filed with the SEC, which can be accessed through this hyperlink. Also, insider Adam L. Rosman purchased 7,900 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 61,285 shares in the company, valued at approximately $3,872,599.15. This represents a 14.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.00% of the stock is currently owned by corporate insiders.

Fiserv Price Performance

FISV opened at $61.47 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.08 and a debt-to-equity ratio of 1.08. The company has a market cap of $33.41 billion, a price-to-earnings ratio of 9.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.78. The stock has a fifty day simple moving average of $65.26 and a two-hundred day simple moving average of $92.63. Fiserv, Inc. has a 12-month low of $57.79 and a 12-month high of $238.59.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 16.42% and a return on equity of 18.39%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts predict that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Oppenheimer reissued an “outperform” rating and issued a $91.00 target price on shares of Fiserv in a research note on Thursday, October 30th. Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. Susquehanna restated a “positive” rating and set a $99.00 target price (down previously from $220.00) on shares of Fiserv in a report on Wednesday, November 12th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Finally, Cantor Fitzgerald upgraded shares of Fiserv to a “hold” rating in a report on Tuesday, January 27th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $110.16.

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.