Fiserv, Inc. $FISV Holdings Increased by Redwood Grove Capital LLC

Redwood Grove Capital LLC increased its stake in Fiserv, Inc. (NASDAQ:FISV) by 35.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,632 shares of the business services provider’s stock after acquiring an additional 67,800 shares during the period. Fiserv makes up approximately 4.6% of Redwood Grove Capital LLC’s investment portfolio, making the stock its 11th biggest position. Redwood Grove Capital LLC’s holdings in Fiserv were worth $14,376,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FISV. Oakworth Capital Inc. bought a new stake in Fiserv during the fourth quarter worth approximately $25,000. Private Wealth Asset Management LLC bought a new position in Fiserv during the 4th quarter valued at $25,000. American National Bank & Trust acquired a new position in shares of Fiserv during the 4th quarter valued at $27,000. Kimelman & Baird LLC acquired a new position in shares of Fiserv during the 4th quarter valued at $27,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Fiserv in the 4th quarter worth $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Robert W. Baird set a $78.00 price objective on Fiserv in a report on Wednesday, May 6th. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a report on Friday, June 5th. UBS Group set a $65.00 price target on shares of Fiserv and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $53.00 price target (down from $62.00) on shares of Fiserv in a report on Wednesday, July 22nd. Finally, B. Riley Financial reduced their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $76.57.

Fiserv Price Performance

Shares of NASDAQ:FISV opened at $54.21 on Wednesday. Fiserv, Inc. has a one year low of $47.04 and a one year high of $142.83. The stock has a fifty day moving average of $52.08 and a 200-day moving average of $57.45. The company has a market capitalization of $28.91 billion, a PE ratio of 9.19, a price-to-earnings-growth ratio of 1.47 and a beta of 0.82. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.Fiserv’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts anticipate that Fiserv, Inc. will post 8.13 EPS for the current fiscal year.

Insider Buying and Selling at Fiserv

In related news, CFO Paul M. Todd purchased 10,060 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were purchased at an average price of $49.70 per share, with a total value of $499,982.00. Following the purchase, the chief financial officer owned 184,107 shares of the company’s stock, valued at $9,150,117.90. This trade represents a 5.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.06% of the stock is owned by company insiders.

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.