Jacobs & Co. CA lowered its holdings in Fiserv, Inc. (NASDAQ:FISV – Free Report) by 65.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 18,187 shares of the business services provider’s stock after selling 35,053 shares during the period. Jacobs & Co. CA’s holdings in Fiserv were worth $892,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. Vanguard Group Inc. acquired a new stake in shares of Fiserv in the fourth quarter worth $3,507,063,000. Dodge & Cox bought a new stake in Fiserv in the 4th quarter valued at $3,323,210,000. State Street Corp bought a new stake in Fiserv in the 4th quarter valued at $1,588,663,000. Geode Capital Management LLC acquired a new stake in Fiserv in the 4th quarter worth $854,215,000. Finally, Amundi bought a new position in shares of Fiserv during the 4th quarter worth about $825,819,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Fiserv
In related news, CFO Paul M. Todd acquired 10,060 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was purchased at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the purchase, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
View Our Latest Stock Report on Fiserv
Key Headlines Impacting Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Despite lowering its target, Susquehanna maintained a “positive” rating and set an $85 target, implying substantial potential upside from recent levels. Keefe, Bruyette & Woods also retained an “outperform” rating with a $65 target. Benzinga analyst ratings
- Positive Sentiment: Recent insider activity has been supportive, with several company executives and directors reportedly purchasing FISV shares rather than selling them. This may signal that insiders view the selloff as excessive, although it does not offset the weaker operating outlook.
- Neutral Sentiment: JPMorgan reduced its price target from $62 to $60 and moved to a “neutral” rating, while TD Cowen cut its target from $63 to $55 and assigned a “hold” rating. The targets remain above the recent share price, but the reductions indicate lower near-term confidence. Benzinga analyst ratings
- Neutral Sentiment: New CEO Takis Georgakopoulos is attempting to reset expectations, with management emphasizing technology investment and a potential recovery in 2027. Investors may view the longer-term rebound opportunity positively, but it depends on improved execution and renewed client spending. Fiserv’s New CEO Resets Guidance as Headwinds Hit Growth
- Negative Sentiment: Fiserv missed second-quarter earnings and revenue expectations. Adjusted EPS was $1.84, below estimates and down from $2.47 a year earlier, while revenue declined year over year amid margin pressure. FISV Q2 Earnings Miss Estimates on Margin Pressure
- Negative Sentiment: Management cut 2026 adjusted EPS guidance to $7.20–$7.40 from $8.00–$8.30 and changed its organic revenue forecast from 1%–3% growth to flat or down 1%. Delayed client projects, weaker Argentine conditions, softer hardware sales and increased technology spending are weighing on results. FISV Q2 Earnings Call Resets Outlook
Fiserv Stock Down 3.1%
NASDAQ FISV opened at $52.41 on Friday. Fiserv, Inc. has a 1-year low of $47.04 and a 1-year high of $140.42. The company has a market capitalization of $27.95 billion, a price-to-earnings ratio of 10.06, a PEG ratio of 1.64 and a beta of 0.80. The stock’s 50 day moving average is $51.77 and its two-hundred day moving average is $56.76. The company has a current ratio of 1.04, a quick ratio of 1.06 and a debt-to-equity ratio of 0.99.
Fiserv (NASDAQ:FISV – Get Free Report) last issued its earnings results on Thursday, August 6th. The business services provider reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.07). The company had revenue of $4.96 billion during the quarter, compared to analyst estimates of $5.04 billion. Fiserv had a return on equity of 15.80% and a net margin of 13.42%.Fiserv’s revenue was down 4.1% on a year-over-year basis. Equities analysts forecast that Fiserv, Inc. will post 7.3 earnings per share for the current fiscal 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.
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