L. Roy Papp & Associates LLP Takes $673,000 Position in Fiserv, Inc. $FISV

L. Roy Papp & Associates LLP acquired a new stake in Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 10,017 shares of the business services provider’s stock, valued at approximately $673,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of FISV. Sound Income Strategies LLC bought a new position in shares of Fiserv during the 3rd quarter worth approximately $28,000. True Wealth Design LLC boosted its stake in shares of Fiserv by 3,750.0% during the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after acquiring an additional 225 shares during the period. Redmont Wealth Advisors LLC bought a new position in shares of Fiserv during the 3rd quarter worth approximately $30,000. Westfuller Advisors LLC bought a new position in shares of Fiserv during the 3rd quarter worth approximately $36,000. Finally, WFA of San Diego LLC bought a new position in shares of Fiserv during the 2nd quarter worth approximately $55,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on FISV shares. JPMorgan Chase & Co. reduced their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. TD Cowen reaffirmed a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Finally, Citigroup reduced their target price on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $96.63.

Fiserv Stock Performance

NASDAQ FISV opened at $63.26 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $33.78 billion, a P/E ratio of 9.98, a P/E/G ratio of 1.99 and a beta of 0.79. Fiserv, Inc. has a 12-month low of $52.91 and a 12-month high of $221.50. The firm has a 50-day moving average price of $59.15 and a two-hundred day moving average price of $70.10.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts anticipate that Fiserv, Inc. will post 8.11 earnings per share for the current year.

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.