Farmers & Merchants Investments Inc. Makes New $5.97 Million Investment in Fiserv, Inc. $FISV

Farmers & Merchants Investments Inc. bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 88,890 shares of the business services provider’s stock, valued at approximately $5,971,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FISV. Vanguard Group Inc. acquired a new position in Fiserv during the 4th quarter worth approximately $3,507,063,000. Capital World Investors increased its position 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 worth $3,324,073,000 after purchasing an additional 6,714,536 shares during the period. Pittenger & Anderson Inc. acquired a new position in Fiserv during the 4th quarter worth approximately $193,349,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Fiserv during the 4th quarter worth approximately $174,502,000. Finally, Barclays PLC increased its position in 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 purchasing an additional 1,895,349 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

FISV stock opened at $55.48 on Friday. Fiserv, Inc. has a 1 year low of $52.91 and a 1 year high of $191.91. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.03 and a current ratio of 1.06. The stock’s 50 day moving average price is $59.09 and its 200 day moving average price is $65.65. The firm has a market cap of $29.58 billion, a P/E ratio of 9.40, a PEG ratio of 1.76 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last posted its 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. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. 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. On average, sell-side analysts expect that Fiserv, Inc. will post 8.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FISV has been the topic of several recent analyst reports. Weiss Ratings upgraded Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. BMO Capital Markets assumed coverage on Fiserv in a research report on Tuesday, April 21st. They set a “market perform” rating and a $65.00 target price on the stock. Northcoast Research cut Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Truist Financial lowered their price target on Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $70.00 price target on shares of Fiserv in a report on Wednesday, March 11th. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Fiserv currently has an average rating of “Hold” and a consensus target price of $87.48.

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.