State of New Jersey Common Pension Fund D Invests $12.96 Million in Fiserv, Inc. $FISV

Key Points

• The State of New Jersey Common Pension Fund D purchased a new position of 192,891 Fiserv shares in Q4 valued at approximately $12.96 million.
• FISV is heavily institutionally held — about 90.98% of shares are owned by hedge funds and other institutions, with several funds increasing their stakes recently.
• Analysts are mostly cautious (eight Buy, 27 Hold, 1 Sell) with an average price target of $92.41, while the stock trades near $62, has a P/E of 9.8, and management set FY2026 EPS guidance of 8.00–8.30 (consensus ~8.11).

State of New Jersey Common Pension Fund D purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 192,891 shares of the business services provider's stock, valued at approximately $12,956,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FISV. Brighton Jones LLC grew its holdings in shares of Fiserv by 91.9% during the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider's stock worth $872,000 after buying an additional 2,033 shares in the last quarter. Bison Wealth LLC grew its holdings in shares of Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider's stock worth $472,000 after buying an additional 116 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider's stock valued at $480,000 after purchasing an additional 483 shares during the period. Jump Financial LLC purchased a new stake in Fiserv in the second quarter valued at approximately $1,001,000. Finally, Gamco Investors INC. ET AL grew its holdings in Fiserv by 7.2% in the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider's stock valued at $897,000 after purchasing an additional 350 shares during the period. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FISV has been the subject of a number of recent analyst reports. Tigress Financial restated a "buy" rating and issued a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. BNP Paribas Exane lowered their target price on shares of Fiserv from $64.00 to $63.00 and set a "neutral" rating for the company in a report on Friday, April 10th. Keefe, Bruyette & Woods lowered their target price on shares of Fiserv from $80.00 to $75.00 and set an "outperform" rating for the company in a report on Tuesday, April 7th. Northcoast Research downgraded shares of Fiserv from a "buy" rating to a "neutral" rating in a report on Monday, February 2nd. Finally, Jefferies Financial Group boosted 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. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Fiserv has an average rating of "Hold" and an average price target of $92.41.

Fiserv Trading Down 0.8%

Shares of FISV stock opened at $62.14 on Friday. The stock has a market cap of $33.18 billion, a price-to-earnings ratio of 9.80, a price-to-earnings-growth ratio of 1.95 and a beta of 0.84. 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 fifty-two week low of $52.91 and a fifty-two week high of $191.91. The firm's 50 day moving average price is $59.26 and its two-hundred day moving average price is $67.78.

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 for the quarter, beating analysts' consensus estimates of $1.90 by $0.09. The firm had revenue of $4.90 billion for the quarter, compared to analysts' expectations of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. Fiserv's revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts anticipate that Fiserv, Inc. will post 8.11 EPS for the current 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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