Fiserv, Inc. $FI is Dudley & Shanley Inc.'s 8th Largest Position

Key Points

• Dudley & Shanley Inc. increased its stake in Fiserv, Inc. by 8.2%, becoming its 8th largest position with holdings valued at approximately $29.2 million.
• Major investors like Vanguard Group and JPMorgan Chase also recorded significant increases in their positions in Fiserv, indicating strong institutional interest as they own nearly 91% of the company's stock.
• Wall Street analysts have issued mixed ratings for Fiserv, with a consensus target price of $207.36 and most ratings leaning towards Buy or Overweight.

Dudley & Shanley Inc. boosted its holdings in Fiserv, Inc. (NYSE:FI - Free Report) by 8.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 169,344 shares of the business services provider's stock after buying an additional 12,870 shares during the quarter. Fiserv makes up about 4.6% of Dudley & Shanley Inc.'s holdings, making the stock its 8th largest position. Dudley & Shanley Inc.'s holdings in Fiserv were worth $29,197,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FI. Vega Investment Solutions acquired a new position in Fiserv in the 4th quarter valued at $25,000. Park Square Financial Group LLC purchased a new stake in Fiserv during the 4th quarter worth $28,000. Activest Wealth Management boosted its holdings in Fiserv by 3,150.0% in the first quarter. Activest Wealth Management now owns 130 shares of the business services provider's stock valued at $29,000 after purchasing an additional 126 shares during the last quarter. Abound Financial LLC acquired a new position in Fiserv during the 1st quarter worth $38,000. Finally, Saudi Central Bank acquired a new stake in Fiserv during the first quarter valued at approximately $49,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Performance

FI stock traded down $1.08 during mid-day trading on Friday, hitting $131.79. 10,593,503 shares of the company were exchanged, compared to its average volume of 3,646,586. The business has a 50 day simple moving average of $140.59 and a 200-day simple moving average of $171.72. The stock has a market capitalization of $71.64 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 0.87 and a beta of 0.94. Fiserv, Inc. has a 1-year low of $128.22 and a 1-year high of $238.59. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.09.

Fiserv (NYSE:FI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $2.47 EPS for the quarter, beating analysts' consensus estimates of $2.43 by $0.04. The business had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.20 billion. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.Fiserv's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.13 earnings per share. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. On average, equities analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on FI. Jefferies Financial Group cut their target price on Fiserv from $180.00 to $165.00 and set a "hold" rating on the stock in a research note on Tuesday, May 27th. Monness Crespi & Hardt upgraded Fiserv from a "sell" rating to a "neutral" rating in a report on Monday, July 21st. Mizuho cut their price objective on Fiserv from $194.00 to $165.00 and set an "outperform" rating for the company in a report on Tuesday, July 29th. JPMorgan Chase & Co. cut their price target on shares of Fiserv from $210.00 to $190.00 and set an "overweight" rating on the stock in a report on Thursday, July 24th. Finally, Susquehanna cut their price objective on Fiserv from $240.00 to $220.00 and set a "positive" rating for the company in a research report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Fiserv currently has an average rating of "Moderate Buy" and an average target price of $207.36.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.