Gabelli Funds LLC Raises Holdings in Fiserv, Inc. $FISV

Key Points

• Gabelli Funds LLC increased its stake in Fiserv by 129.2% in Q3, adding 39,890 shares to hold 70,764 shares valued at about $9.12 million.
• Other large institutions also accumulated shares—Norges Bank opened a new position worth about $1.25 billion and Barclays more than doubled its holding—leaving institutional ownership near 90.98%.
• Fiserv beat quarterly estimates with $1.99 EPS and $4.90B revenue, set FY2026 guidance of 8.00–8.30 EPS, and carries a consensus analyst rating of Hold with a target of $109.74.

Gabelli Funds LLC boosted its position in Fiserv, Inc. (NASDAQ:FISV - Free Report) by 129.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,764 shares of the business services provider's stock after acquiring an additional 39,890 shares during the quarter. Gabelli Funds LLC's holdings in Fiserv were worth $9,124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FISV. Norges Bank acquired a new position in shares of Fiserv in the 2nd quarter valued at about $1,252,260,000. Amundi increased its position in Fiserv by 27.2% during the 2nd quarter. Amundi now owns 3,781,665 shares of the business services provider's stock worth $652,148,000 after purchasing an additional 807,916 shares in the last quarter. Barclays PLC increased its position in Fiserv by 116.0% during the 3rd quarter. Barclays PLC now owns 3,528,906 shares of the business services provider's stock worth $454,982,000 after purchasing an additional 1,895,349 shares in the last quarter. Legal & General Group Plc raised its holdings in Fiserv by 1.1% in the second quarter. Legal & General Group Plc now owns 3,506,096 shares of the business services provider's stock valued at $604,486,000 after buying an additional 39,036 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Fiserv by 24.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider's stock valued at $404,687,000 after buying an additional 607,213 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on FISV. Zacks Research upgraded shares of Fiserv from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 14th. Jefferies Financial Group lifted their target price on shares of Fiserv from $60.00 to $65.00 and gave the company a "hold" rating in a report on Wednesday, January 21st. Mizuho decreased their price target on shares of Fiserv from $110.00 to $100.00 and set an "outperform" rating for the company in a research report on Monday, December 22nd. Compass Point lowered their price target on Fiserv from $78.00 to $75.00 and set a "neutral" rating for the company in a report on Wednesday, February 11th. Finally, Tigress Financial set a $95.00 price objective on Fiserv and gave the stock a "buy" rating in a research note on Wednesday, December 31st. Ten equities research 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.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $109.74.

Fiserv Price Performance

Shares of FISV stock opened at $63.16 on Monday. The firm has a fifty day simple moving average of $64.00 and a 200-day simple moving average of $87.17. The company has a market capitalization of $33.78 billion, a PE ratio of 9.96, a price-to-earnings-growth ratio of 1.94 and a beta of 0.77. Fiserv, Inc. has a twelve month low of $57.79 and a twelve month high of $227.00. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08.

Fiserv (NASDAQ:FISV - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the previous year, the firm posted $2.51 EPS. The firm's quarterly revenue was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts anticipate that Fiserv, Inc. will post 10.23 earnings per share for the current fiscal year.

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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