Bank Julius Baer & Co. Ltd Zurich Purchases Shares of 1,060,395 Fiserv, Inc. $FISV

Key Points

• Bank Julius Baer bought a new stake in Fiserv during the fourth quarter, purchasing 1,060,395 shares worth about $71.4 million and holding roughly 0.20% of the company.
• Institutional ownership remains very high, with hedge funds and other investors owning 90.98% of Fiserv shares. Several other funds also increased or initiated positions in the stock recently.
• Analyst sentiment is mixed: ratings have been split between buy, hold, and sell, and the consensus remains “Hold” with an average price target of $83.57, while the stock recently traded near $52.

Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,060,395 shares of the business services provider's stock, valued at approximately $71,358,000. Bank Julius Baer & Co. Ltd Zurich owned 0.20% of Fiserv as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nordea Investment Management AB raised its holdings in shares of Fiserv by 4.1% in the 3rd quarter. Nordea Investment Management AB now owns 2,003,668 shares of the business services provider's stock worth $258,854,000 after purchasing an additional 78,220 shares during the period. Chicago Capital LLC purchased a new stake in shares of Fiserv during the 4th quarter worth about $1,316,000. AGF Management Ltd. increased its position in Fiserv by 55.4% during the 3rd quarter. AGF Management Ltd. now owns 194,524 shares of the business services provider's stock worth $25,080,000 after purchasing an additional 69,383 shares in the last quarter. National Pension Service raised its holdings in Fiserv by 2.6% in the third quarter. National Pension Service now owns 1,217,726 shares of the business services provider's stock valued at $157,001,000 after buying an additional 30,951 shares during the period. Finally, Machina Capital S.A.S. lifted its position in Fiserv by 256.8% during the third quarter. Machina Capital S.A.S. now owns 47,170 shares of the business services provider's stock valued at $6,082,000 after buying an additional 33,949 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. BMO Capital Markets started coverage on shares of Fiserv in a research note on Tuesday, April 21st. They set a "market perform" rating and a $65.00 price objective for the company. Citigroup reduced their target price on shares of Fiserv from $68.00 to $60.00 and set a "neutral" rating on the stock in a report on Thursday, April 9th. 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. Robert W. Baird set a $78.00 price objective on Fiserv in a research report on Wednesday, May 6th. Finally, Raymond James Financial cut Fiserv from an "outperform" rating to a "market perform" rating in a research note on Thursday, March 26th. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $83.57.

Key Fiserv News

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv announced an agreement with Bridgeport Partners to form a joint venture covering its ATM Managed Services, Cash & Logistics, and MoneyPass businesses. The deal could help Fiserv unlock value, streamline operations, and accelerate growth in its cash-services businesses. Fiserv and Bridgeport Partners Enter into Agreement to Form Joint Venture to Accelerate Growth Across ATM and Cash Services Businesses
• Positive Sentiment: Fiserv also expanded its Clover platform with Clover Reserve powered by Tabit, an AI-driven restaurant POS and hospitality solution aimed at full-service and fine-dining restaurants. Investors may see this as a way to deepen Clover’s reach and support longer-term merchant revenue growth. Fiserv Tabit AI Restaurant Platform Aims To Deepen Clover Relationships
• Neutral Sentiment: Industry commentary highlighted Fiserv as one of several financial transaction stocks positioned to benefit from digital payments trends such as contactless payments and cross-border growth, which supports the company’s longer-term operating backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Neutral Sentiment: Several analysts still see upside from current levels, but targets have been mixed, with some recent cuts offset by others that remain bullish. That creates a divided near-term sentiment backdrop rather than a clear catalyst. Deutsche Bank Adjusts Price Target on Fiserv to $60 From $63
• Negative Sentiment: Rothschild & Co Redburn cut its price target to $40 and kept a sell rating, reinforcing concerns that Fiserv may face further downside if growth or margins do not improve soon. Rothschild & Co Redburn Adjusts Price Target on Fiserv to $40 From $50

Fiserv Stock Performance

Shares of FISV stock opened at $52.37 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company's fifty day moving average price is $58.48 and its two-hundred day moving average price is $63.67. The firm has a market capitalization of $27.93 billion, a P/E ratio of 8.88, a P/E/G ratio of 1.74 and a beta of 0.84. Fiserv, Inc. has a 12 month low of $52.17 and a 12 month high of $191.28.

Fiserv (NASDAQ:FISV - Get Free Report) last announced 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. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. The firm's revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal 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.

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