Independent Advisor Alliance acquired a new position in Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 22,626 shares of the business services provider’s stock, valued at approximately $1,520,000.
Other large investors also recently modified their holdings of the company. Vanguard Group Inc. bought a new position in Fiserv in the 4th quarter worth $3,507,063,000. Capital World Investors lifted its position in shares of Fiserv by 35.2% in the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after acquiring an additional 6,714,536 shares in the last quarter. Pittenger & Anderson Inc. purchased a new position in shares of Fiserv in the fourth quarter valued at about $193,349,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in shares of Fiserv in the fourth quarter worth about $174,502,000. Finally, Barclays PLC boosted its stake in shares of Fiserv by 116.0% in the third quarter. Barclays PLC now owns 3,528,906 shares of the business services provider’s stock worth $454,982,000 after acquiring an additional 1,895,349 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Fiserv News Roundup
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv unveiled agentOS, an agentic AI operating system for banks, and announced a collaboration with OpenAI and AWS. The company says the platform could improve financial-institution workflows and support longer-term growth. Article Title
- Positive Sentiment: At its Investor Day, Fiserv reaffirmed 2026 guidance and laid out medium-term targets for revenue growth, margin expansion, and double-digit EPS growth, which supported sentiment around the company’s turnaround plan. Article Title
- Positive Sentiment: BMO Capital Markets raised its price target on Fiserv to $60 from $55, signaling some confidence in the stock’s valuation and near-term upside. Article Title
- Neutral Sentiment: Analysts at TD Cowen and Loop Capital trimmed their price targets to $64 and $62, respectively, while keeping Hold ratings, reflecting cautious views on execution but not a strong bearish call. Article Title Article Title
- Neutral Sentiment: BTIG also maintained a Hold rating, with analysts highlighting that long-term targets look attractive but near-term execution and valuation remain a risk. Article Title
- Negative Sentiment: Investor attention remains on the company’s recent quarter, where Fiserv beat EPS estimates but the market focused on margin pressure and operational transition risks, which helps explain why some investors remain cautious. Article Title
Fiserv Stock Up 3.5%
Fiserv (NASDAQ:FISV – Get Free Report) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on FISV. Stephens decreased their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. TD Cowen reaffirmed a “buy” rating on shares of Fiserv in a report on Friday. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Jefferies Financial Group upped their target price on shares of Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Wednesday, January 21st. Finally, Mizuho cut their target price on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $82.97.
Read Our Latest Stock Analysis on FISV
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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