Meiji Yasuda Asset Management Co Ltd. Acquires 16,155 Shares of Fiserv, Inc. $FISV

Key Points

• Meiji Yasuda Asset Management boosted its stake in Fiserv by 167.3% in Q3, buying 16,155 shares to hold 25,810 shares worth about $3.33 million.
• Fiserv beat recent quarterly estimates, reporting $1.99 EPS vs $1.90 expected and $4.90B revenue vs $4.78B, and set FY2026 guidance of $8.00–$8.30 EPS while analysts' average forecast is about 10.23 EPS.
• Analyst sentiment is mixed — the consensus rating is "Hold" with an average target of $109.74, the stock trades near $63 (50-day ~$64, 200-day ~$87), and institutional investors own roughly 90.98% of the shares.

Meiji Yasuda Asset Management Co Ltd. boosted its holdings in Fiserv, Inc. (NASDAQ:FISV - Free Report) by 167.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,810 shares of the business services provider's stock after buying an additional 16,155 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.'s holdings in Fiserv were worth $3,328,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of FISV. Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of Fiserv by 2.8% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,811 shares of the business services provider's stock valued at $485,000 after purchasing an additional 77 shares during the last quarter. Quadcap Wealth Management LLC lifted its stake in shares of Fiserv by 2.1% in the 2nd quarter. Quadcap Wealth Management LLC now owns 3,900 shares of the business services provider's stock valued at $672,000 after acquiring an additional 79 shares during the last quarter. Glenview Trust co grew its holdings in shares of Fiserv by 0.3% during the second quarter. Glenview Trust co now owns 32,864 shares of the business services provider's stock worth $5,666,000 after purchasing an additional 85 shares during the last quarter. Smithfield Trust Co grew its stake in shares of Fiserv by 0.9% in the second quarter. Smithfield Trust Co now owns 9,773 shares of the business services provider's stock worth $1,685,000 after purchasing an additional 86 shares during the last quarter. Finally, TRUE Private Wealth Advisors increased its stake in shares of Fiserv by 5.1% in the second quarter. TRUE Private Wealth Advisors now owns 1,785 shares of the business services provider's stock valued at $308,000 after buying an additional 86 shares during the period. Institutional investors and hedge funds own 90.98% of the company's stock.

Fiserv Stock Performance

NASDAQ FISV opened at $63.16 on Monday. The company has a 50-day simple moving average of $64.00 and a two-hundred day simple moving average of $87.17. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv, Inc. has a 12-month low of $57.79 and a 12-month high of $227.00. The firm has a market cap of $33.78 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 1.94 and a beta of 0.77.

Fiserv (NASDAQ:FISV - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts' consensus estimates of $1.90 by $0.09. The firm 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% compared to the same quarter last year. During the same period last year, the company earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts forecast that Fiserv, Inc. will post 10.23 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Susquehanna restated a "positive" rating and set a $99.00 target price (down from $220.00) on shares of Fiserv in a research report on Wednesday, November 12th. 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 report on Wednesday, February 11th. TD Cowen restated a "hold" rating on shares of Fiserv in a research note on Monday, January 12th. Weiss Ratings restated a "sell (d+)" rating on shares of Fiserv in a research note on Monday, December 29th. Finally, Cantor Fitzgerald upgraded shares of Fiserv to a "hold" rating in a report on Tuesday, January 27th. Ten analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $109.74.

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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