Comerica Bank Invests $5.18 Million in Fiserv, Inc. $FISV

Key Points

• Comerica Bank bought a new Q4 position of 77,153 Fiserv shares valued at about $5.18 million, and other institutions (notably Pictet with ~$31.7M) also added stakes, leaving institutional ownership at roughly 90.98%.
• Fiserv beat Q results with $1.99 EPS (vs. $1.90 est.) and $4.90B revenue, and set FY2026 guidance of $8.00–$8.30 EPS (analysts expect ~8.11).
• The stock carries a consensus rating of "Hold" with a consensus price target of $92.41, while trading near $62 (market cap ~$33.2B, P/E ~9.8) amid mixed analyst revisions (8 Buy, 27 Hold, 1 Sell).

Comerica Bank purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 77,153 shares of the business services provider's stock, valued at approximately $5,182,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Middleton & Co. Inc. MA acquired a new position in Fiserv during the fourth quarter worth about $563,000. Eads & Heald Wealth Management acquired a new position in Fiserv during the fourth quarter worth about $715,000. First National Bank & Trust Co. of Newtown acquired a new position in Fiserv during the fourth quarter worth about $287,000. D.A. Davidson & CO. acquired a new position in Fiserv during the fourth quarter worth about $3,419,000. Finally, Pictet Asset Management Holding SA acquired a new position in Fiserv during the fourth quarter worth about $31,694,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on FISV shares. 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. UBS Group lowered their target price on shares of Fiserv from $75.00 to $70.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 11th. Tigress Financial restated a "buy" rating and set a $95.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Wells Fargo & Company lowered their price objective on shares of Fiserv from $72.00 to $62.00 and set an "equal weight" rating on the stock in a research note on Friday, March 27th. Finally, BNP Paribas Exane dropped their target price on shares of Fiserv from $64.00 to $63.00 and set a "neutral" rating for the company in a report on Friday, April 10th. Eight research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $92.41.

Fiserv Stock Down 0.8%

FISV stock opened at $62.14 on Friday. The company's 50 day simple moving average is $59.26 and its 200-day simple moving average is $67.78. The firm has a market capitalization of $33.18 billion, a PE ratio of 9.80, a P/E/G ratio of 1.95 and a beta of 0.84. Fiserv, Inc. has a 12 month low of $52.91 and a 12 month high of $191.91. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03.

Fiserv (NASDAQ:FISV - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company's quarterly revenue was up .6% on a year-over-year basis. During the same period in the prior year, the business earned $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts expect that Fiserv, Inc. will post 8.11 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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