ICW Investment Advisors LLC Makes New Investment in Fiserv, Inc. $FISV

ICW Investment Advisors LLC purchased a new stake in Fiserv, Inc. (NASDAQ:FISV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,858 shares of the business services provider’s stock, valued at approximately $729,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. bought a new stake in shares of Fiserv in the 4th quarter valued at $3,507,063,000. Capital World Investors grew its holdings in Fiserv by 35.2% in the third 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. Legal & General Group Plc bought a new stake in Fiserv in the fourth quarter valued at $250,877,000. Barclays PLC increased its stake in Fiserv by 116.0% in the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock valued at $454,982,000 after purchasing an additional 1,895,349 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Fiserv during the fourth quarter valued at about $223,136,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of NASDAQ FISV opened at $55.61 on Wednesday. The stock has a market cap of $29.65 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 1.60 and a beta of 0.84. 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, Inc. has a fifty-two week low of $52.17 and a fifty-two week high of $177.36. The firm’s 50-day simple moving average is $57.66 and its 200 day simple moving average is $61.77.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $4.73 billion. The firm’s quarterly 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, research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FISV shares. Mizuho reduced their target price on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. The Goldman Sachs Group dropped their price target on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reduced their price objective on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Finally, B. Riley Financial lowered their target price on Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $82.97.

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.