Fiserv, Inc. $FISV Stake Lessened by Jacobs & Co. CA

Key Points

• Jacobs & Co. CA cut its Fiserv stake by 65.8% in the second quarter, selling 35,053 shares and retaining 18,187 shares valued at approximately $892,000. Institutional investors collectively own 90.98% of the company.
• Fiserv reported second-quarter adjusted EPS of $1.84 and revenue of $4.96 billion, missing analyst estimates of $1.91 and $5.04 billion, respectively; revenue fell 4.1% year over year.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and $74.60 target price. The company also faces a weaker outlook, including reduced 2026 adjusted EPS guidance of $7.20–$7.40 and an organic revenue forecast of flat to down 1%.

Jacobs & Co. CA reduced its position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) by 65.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,187 shares of the business services provider's stock after selling 35,053 shares during the quarter. Jacobs & Co. CA's holdings in Fiserv were worth $892,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FISV. WFA of San Diego LLC acquired a new position in Fiserv in the second quarter worth approximately $55,000. Oakworth Capital Inc. acquired a new stake in shares of Fiserv in the fourth quarter worth $25,000. Private Wealth Asset Management LLC purchased a new position in shares of Fiserv during the fourth quarter valued at $25,000. Goodman Advisory Group LLC acquired a new position in Fiserv during the fourth quarter valued at $27,000. Finally, Tripletail Wealth Management LLC acquired a new position in Fiserv during the fourth quarter valued at $27,000. Institutional investors and hedge funds own 90.98% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Barclays set a $52.00 price objective on Fiserv and gave the stock an "equal weight" rating in a research report on Friday. Raymond James Financial reissued a "market perform" rating on shares of Fiserv in a research report on Tuesday, July 7th. B. Riley Financial decreased their price target on shares of Fiserv from $69.00 to $66.00 and set a "neutral" rating for the company in a report on Wednesday, May 6th. TD Cowen dropped their price objective on shares of Fiserv from $63.00 to $55.00 and set a "hold" rating on the stock in a research note on Friday. Finally, Rothschild & Co Redburn cut their target price on shares of Fiserv from $50.00 to $40.00 and set a "sell" rating for the company in a research report on Tuesday, May 12th. Six analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $74.60.

Insiders Place Their Bets

In related news, CFO Paul M. Todd bought 10,060 shares of the firm's stock in a transaction on Wednesday, June 17th. The stock was purchased at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the transaction, the chief financial officer directly owned 184,107 shares of the company's stock, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.06% of the company's stock.

Fiserv Trading Down 3.1%

Fiserv stock opened at $52.41 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.04 and a quick ratio of 1.06. The company has a market capitalization of $27.95 billion, a price-to-earnings ratio of 10.06, a PEG ratio of 1.64 and a beta of 0.80. Fiserv, Inc. has a one year low of $47.04 and a one year high of $140.42. The company's fifty day moving average price is $51.77 and its two-hundred day moving average price is $56.76.

Fiserv (NASDAQ:FISV - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $1.91 by ($0.07). The company had revenue of $4.96 billion during the quarter, compared to analyst estimates of $5.04 billion. Fiserv had a return on equity of 15.80% and a net margin of 13.42%.The firm's quarterly revenue was down 4.1% compared to the same quarter last year. On average, analysts forecast that Fiserv, Inc. will post 7.3 earnings per share for the current fiscal year.

Trending Headlines about Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Despite lowering its target, Susquehanna maintained a “positive” rating and set an $85 target, implying substantial potential upside from recent levels. Keefe, Bruyette & Woods also retained an “outperform” rating with a $65 target. Benzinga analyst ratings
• Positive Sentiment: Recent insider activity has been supportive, with several company executives and directors reportedly purchasing FISV shares rather than selling them. This may signal that insiders view the selloff as excessive, although it does not offset the weaker operating outlook.
• Neutral Sentiment: JPMorgan reduced its price target from $62 to $60 and moved to a “neutral” rating, while TD Cowen cut its target from $63 to $55 and assigned a “hold” rating. The targets remain above the recent share price, but the reductions indicate lower near-term confidence. Benzinga analyst ratings
• Neutral Sentiment: New CEO Takis Georgakopoulos is attempting to reset expectations, with management emphasizing technology investment and a potential recovery in 2027. Investors may view the longer-term rebound opportunity positively, but it depends on improved execution and renewed client spending. Fiserv’s New CEO Resets Guidance as Headwinds Hit Growth
• Negative Sentiment: Fiserv missed second-quarter earnings and revenue expectations. Adjusted EPS was $1.84, below estimates and down from $2.47 a year earlier, while revenue declined year over year amid margin pressure. FISV Q2 Earnings Miss Estimates on Margin Pressure
• Negative Sentiment: Management cut 2026 adjusted EPS guidance to $7.20–$7.40 from $8.00–$8.30 and changed its organic revenue forecast from 1%–3% growth to flat or down 1%. Delayed client projects, weaker Argentine conditions, softer hardware sales and increased technology spending are weighing on results. FISV Q2 Earnings Call Resets Outlook

Fiserv 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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