Fiserv, Inc. $FISV Shares Sold by Marietta Investment Partners LLC

Key Points

• Marietta Investment Partners LLC trimmed its Fiserv position by 40.9% in the third quarter, selling 19,663 shares and retaining 28,355 shares valued at about $3.656 million.
• Fiserv beat the quarter with $1.99 EPS (vs. $1.90 est.) and $4.90B revenue (vs. $4.78B est.), set FY2026 guidance of 8.00–8.30 EPS, while analysts on average forecast 10.23 EPS and assign an average target of $109.74 with a consensus rating of "Hold".
• Institutional investors own 90.98% of Fiserv; Nordea increased its stake to 2,003,668 shares (~$258.9M), and the stock trades near $63.86 with a market cap of $34.15B and a P/E of 10.07.

Marietta Investment Partners LLC trimmed its position in Fiserv, Inc. (NASDAQ:FISV - Free Report) by 40.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,355 shares of the business services provider's stock after selling 19,663 shares during the quarter. Marietta Investment Partners LLC's holdings in Fiserv were worth $3,656,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vise Technologies Inc. purchased a new position in Fiserv during the second quarter worth about $2,320,000. Factory Mutual Insurance Co. raised its stake in shares of Fiserv by 11.7% in the 2nd quarter. Factory Mutual Insurance Co. now owns 157,000 shares of the business services provider's stock valued at $27,068,000 after acquiring an additional 16,500 shares during the period. Ipsen Advisor Group LLC acquired a new position in shares of Fiserv in the 2nd quarter worth approximately $759,000. FUKOKU MUTUAL LIFE INSURANCE Co boosted its position in shares of Fiserv by 236.6% during the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 8,037 shares of the business services provider's stock worth $1,386,000 after purchasing an additional 5,649 shares during the period. Finally, Nordea Investment Management AB increased its holdings in 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 valued at $258,854,000 after purchasing an additional 78,220 shares during the last quarter. Institutional investors and hedge funds own 90.98% of the company's stock.

Fiserv Stock Up 2.0%

Shares of NASDAQ FISV opened at $63.86 on Friday. The business has a 50-day moving average of $64.08 and a two-hundred day moving average of $88.41. The company has a market capitalization of $34.15 billion, a price-to-earnings ratio of 10.07, a price-to-earnings-growth ratio of 1.92 and a beta of 0.77. Fiserv, Inc. has a 1 year low of $57.79 and a 1 year high of $227.00. 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 issued its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping 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 return on equity of 18.39% and a net margin of 16.42%.The business's quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts forecast that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. UBS Group lowered their price target on Fiserv from $75.00 to $70.00 and set a "neutral" rating for the company in a research report on Wednesday, February 11th. Zacks Research upgraded shares of Fiserv from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 14th. Compass Point dropped their price objective on shares of Fiserv from $78.00 to $75.00 and set a "neutral" rating for the company in a report on Wednesday, February 11th. JPMorgan Chase & Co. reduced their target price on shares of Fiserv from $85.00 to $75.00 and set a "neutral" rating on the stock in a report on Wednesday, February 11th. Finally, TD Cowen reiterated a "hold" rating on shares of Fiserv in a research note on Monday, January 12th. Ten analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $109.74.

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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