Poehling Capital Management INC. Acquires 17,845 Shares of Fiserv, Inc. $FISV

Poehling Capital Management INC. boosted its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 8.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 224,501 shares of the business services provider’s stock after purchasing an additional 17,845 shares during the period. Fiserv comprises approximately 2.6% of Poehling Capital Management INC.’s holdings, making the stock its 6th largest position. Poehling Capital Management INC.’s holdings in Fiserv were worth $12,527,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Oakworth Capital Inc. purchased a new stake in shares of Fiserv during the fourth quarter worth $25,000. Private Wealth Asset Management LLC acquired a new stake in Fiserv during the fourth quarter valued at $25,000. American National Bank & Trust purchased a new position in Fiserv in the fourth quarter valued at about $27,000. Kimelman & Baird LLC acquired a new position in Fiserv in the 4th quarter worth about $27,000. Finally, Goodman Advisory Group LLC acquired a new position in Fiserv in the 4th quarter worth about $27,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Paul M. Todd purchased 10,060 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was bought at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the acquisition, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.06% of the stock is currently owned by corporate insiders.

Fiserv Trading Up 4.0%

NASDAQ:FISV opened at $49.45 on Friday. Fiserv, Inc. has a 12 month low of $47.04 and a 12 month high of $175.92. The firm has a market cap of $26.37 billion, a price-to-earnings ratio of 8.38, a P/E/G ratio of 1.33 and a beta of 0.79. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The company’s 50 day moving average is $55.52 and its 200-day moving average is $60.06.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Analyst Ratings Changes

FISV has been the subject of several research reports. BMO Capital Markets lifted their price target on Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, May 15th. Mizuho dropped their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Rothschild & Co Redburn cut their price objective on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company decreased their target price on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research report on Friday, March 27th. Nine analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $82.23.

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.