TD Waterhouse Canada Inc. Invests $1.43 Million in Fiserv, Inc. $FISV

Key Points

• TD Waterhouse Canada opened a new position in Fiserv, buying 21,241 shares in Q4 valued at approximately $1.43 million, according to its latest 13F filing.
• Fiserv beat Q results with $1.99 EPS versus a $1.90 estimate and $4.90B in revenue, and set FY2026 guidance of $8.00–$8.30 EPS (analysts expect about $8.11).
• Wall Street has trimmed price targets and the stock carries an average rating of "Hold" with a consensus target of $96.63, while shares trade near $61.55 (down 2.7%), with a market cap of $32.86B and a P/E of 9.71.

TD Waterhouse Canada Inc. purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,241 shares of the business services provider's stock, valued at approximately $1,427,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FISV. Brighton Jones LLC boosted its position 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 purchasing an additional 2,033 shares in the last quarter. Bison Wealth LLC boosted its position 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 purchasing an additional 116 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Fiserv by 21.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider's stock worth $480,000 after purchasing an additional 483 shares in the last quarter. Jump Financial LLC bought a new position in shares of Fiserv during the second quarter worth $1,001,000. Finally, Gamco Investors INC. ET AL boosted its position in shares of Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider's stock worth $897,000 after purchasing an additional 350 shares in the last quarter. 90.98% of the stock is owned by institutional investors.

Fiserv Trading Down 2.7%

Shares of NASDAQ:FISV opened at $61.55 on Friday. The company's 50-day moving average price is $59.23 and its two-hundred day moving average price is $69.99. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. Fiserv, Inc. has a one year low of $52.91 and a one year high of $198.68. The stock has a market capitalization of $32.86 billion, a PE ratio of 9.71, a price-to-earnings-growth ratio of 1.96 and a beta of 0.79.

Fiserv (NASDAQ:FISV - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 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 analysts' expectations of $4.78 billion. During the same period in the previous year, the firm posted $2.51 EPS. The company's revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts forecast that Fiserv, Inc. will post 8.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Stephens reduced their price target on shares of Fiserv from $75.00 to $70.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 11th. JPMorgan Chase & Co. reduced their target price on shares of Fiserv from $85.00 to $75.00 and set a "neutral" rating for the company in a research note on Wednesday, February 11th. Compass Point reduced their target price on shares of Fiserv from $78.00 to $75.00 and set a "neutral" rating for the company in a research note on Wednesday, February 11th. Truist Financial reduced their target price on shares of Fiserv from $71.00 to $65.00 and set a "hold" rating for the company in a research note on Thursday, February 26th. Finally, B. Riley Financial reduced their target price on shares of Fiserv from $72.00 to $69.00 and set a "neutral" rating for the company in a research note on Monday, February 23rd. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $96.63.

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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