Montag A & Associates Inc. Invests $3.02 Million in Fiserv, Inc. $FISV

Key Points

• Montag A & Associates opened a new position in Fiserv (NASDAQ:FISV) during Q4, buying 44,978 shares valued at approximately $3.02 million.
• Heavy institutional activity surrounds Fiserv: Vanguard opened a new position worth about $3.51 billion, Capital World Investors boosted its stake by 35.2%, and institutional investors/hedge funds now own 90.98% of the stock.
• Fiserv beat quarterly expectations with $1.99 EPS (vs. $1.90) and $4.90B revenue, set FY2026 guidance of 8.00–8.30 EPS, and currently trades near $62 with an average analyst rating of "Hold" and a $92.41 price target.

Montag A & Associates Inc. bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 44,978 shares of the business services provider's stock, valued at approximately $3,021,000.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. acquired a new position in shares of Fiserv during the fourth quarter worth approximately $3,507,063,000. Capital World Investors grew its position in shares of Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider's stock worth $3,324,073,000 after buying an additional 6,714,536 shares during the period. Legal & General Group Plc grew its position in shares of Fiserv by 3.8% during the 3rd quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider's stock worth $469,051,000 after buying an additional 131,935 shares during the period. Barclays PLC grew its position in shares of 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 buying an additional 1,895,349 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Fiserv by 24.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,138,413 shares of the business services provider's stock worth $404,687,000 after buying an additional 607,213 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Stock Performance

Shares of NASDAQ FISV opened at $62.14 on Monday. Fiserv, Inc. has a fifty-two week low of $52.91 and a fifty-two week high of $191.91. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $33.18 billion, a P/E ratio of 9.80, a P/E/G ratio of 1.93 and a beta of 0.84. The company's 50 day simple moving average is $59.26 and its 200 day simple moving average is $67.00.

Fiserv (NASDAQ:FISV - Get Free Report) last issued its earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. The business'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. On average, analysts predict that Fiserv, Inc. will post 8.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. TD Cowen restated a "hold" rating on shares of Fiserv in a report on Monday, January 12th. Truist Financial cut their price objective on shares of Fiserv from $65.00 to $64.00 and set a "hold" rating on the stock in a report on Friday, April 24th. Citigroup cut their price objective on shares of Fiserv from $68.00 to $60.00 and set a "neutral" rating on the stock in a report on Thursday, April 9th. BMO Capital Markets assumed coverage on shares of Fiserv in a report on Tuesday, April 21st. They issued a "market perform" rating and a $65.00 price objective on the stock. Finally, BNP Paribas Exane cut their price objective on shares of Fiserv from $64.00 to $63.00 and set a "neutral" rating on the stock in a report on Friday, April 10th. Eight analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Fiserv presently has an average rating of "Hold" and an average price target of $92.41.

Fiserv Company 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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