Pittenger & Anderson Inc. Purchases New Holdings in Fiserv, Inc. $FISV

Key Points

• Pittenger & Anderson Inc. purchased 2,878,499 shares of Fiserv in the fourth quarter worth approximately $193.35 million, making Fiserv its largest holding at about 7.4% of the fund and representing roughly 0.53% of Fiserv outstanding.
• Other institutions also made big moves — Vanguard initiated a new stake worth about $3.507 billion and Capital World Investors boosted its position by 35.2% to ~25.78 million shares — leaving institutional ownership at about 90.98%.
• Analysts carry a consensus "Hold" rating with an average price target of $92.41; Fiserv recently beat quarterly EPS and set FY2026 guidance of $8.00–8.30, while the stock trades near $62 with a market cap of ~$33.2 billion and a PE of 9.8.

Pittenger & Anderson Inc. purchased a new stake in Fiserv, Inc. (NASDAQ:FISV - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,878,499 shares of the business services provider's stock, valued at approximately $193,349,000. Fiserv accounts for approximately 7.4% of Pittenger & Anderson Inc.'s holdings, making the stock its largest holding. Pittenger & Anderson Inc. owned approximately 0.53% of Fiserv as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. bought a new stake in shares of Fiserv in the fourth quarter valued at approximately $3,507,063,000. Capital World Investors lifted its stake in Fiserv by 35.2% during the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider's stock worth $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. Legal & General Group Plc lifted its stake in Fiserv by 3.8% during the third quarter. Legal & General Group Plc now owns 3,638,031 shares of the business services provider's stock worth $469,051,000 after purchasing an additional 131,935 shares during the last quarter. Barclays PLC lifted its stake in Fiserv by 116.0% during the third 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 during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake 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 worth $404,687,000 after purchasing an additional 607,213 shares during the last quarter. 90.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Northcoast Research cut Fiserv from a "buy" rating to a "neutral" rating in a research note on Monday, February 2nd. Jefferies Financial Group upped their target price on Fiserv from $60.00 to $65.00 and gave the stock a "hold" rating in a research note on Wednesday, January 21st. Compass Point cut their target price on Fiserv from $78.00 to $75.00 and set a "neutral" rating for the company in a research note on Wednesday, February 11th. Stephens lowered their price target on shares of Fiserv from $75.00 to $70.00 and set an "equal weight" rating for the company in a report on Wednesday, February 11th. Finally, BMO Capital Markets initiated coverage on shares of Fiserv in a report on Tuesday, April 21st. They set a "market perform" rating and a $65.00 price target for the company. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Fiserv presently has a consensus rating of "Hold" and an average price target of $92.41.

Fiserv Stock Down 0.8%

Shares of NASDAQ:FISV opened at $62.14 on Friday. The company has a fifty day moving average of $59.26 and a 200-day moving average of $67.39. The company has a market capitalization of $33.18 billion, a PE ratio of 9.80, a price-to-earnings-growth ratio of 1.93 and a beta of 0.84. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. Fiserv, Inc. has a 52-week low of $52.91 and a 52-week high of $191.91.

Fiserv (NASDAQ:FISV - Get Free Report) last announced 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. The company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company's revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts predict that Fiserv, Inc. will post 8.11 EPS for the current fiscal year.

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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