Teacher Retirement System of Texas Makes New $6.57 Million Investment in Fiserv, Inc. $FISV

Key Points

• Teacher Retirement System of Texas initiated a new position in Fiserv by purchasing 97,791 shares worth about $6.57 million in Q4, joining other institutions that adjusted stakes in a stock that is 90.98% institutionally owned.
• Analyst sentiment is lukewarm with a MarketBeat consensus of "Hold" and an average target price of $92.41, even as several firms recently cut targets and ratings; Fiserv's shares traded around $60.84 at the time of the report.
• Fiserv recently beat quarterly estimates with $1.99 EPS (vs. $1.90 expected) and $4.90 billion in revenue, and set FY2026 guidance of 8.00–8.30 EPS.

Teacher Retirement System of Texas purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 97,791 shares of the business services provider's stock, valued at approximately $6,569,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FISV. Brighton Jones LLC grew its position in shares of Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider's stock valued at $872,000 after acquiring an additional 2,033 shares during the period. Bison Wealth LLC grew its position in shares of Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider's stock valued at $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. grew its position in shares of Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider's stock valued at $480,000 after acquiring an additional 483 shares during the period. Jump Financial LLC acquired a new stake in shares of Fiserv during the 2nd quarter valued at about $1,001,000. Finally, Gamco Investors INC. ET AL grew its position in shares of Fiserv by 7.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider's stock valued at $897,000 after acquiring an additional 350 shares during the period. 90.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on FISV shares. Morgan Stanley set a $64.00 target price on Fiserv in a research report on Wednesday, February 11th. Raymond James Financial cut Fiserv from an "outperform" rating to a "market perform" rating in a research report on Thursday, March 26th. JPMorgan Chase & Co. dropped their target price on Fiserv from $85.00 to $75.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 11th. The Goldman Sachs Group dropped their target price on Fiserv from $79.00 to $70.00 and set a "neutral" rating on the stock in a research report on Monday, April 13th. Finally, Loop Capital started coverage on Fiserv in a research report on Tuesday, March 31st. They set a "hold" rating and a $62.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $92.41.

Fiserv Stock Performance

Shares of Fiserv stock opened at $60.84 on Monday. The firm has a market capitalization of $32.49 billion, a PE ratio of 9.60, a P/E/G ratio of 1.89 and a beta of 0.79. Fiserv, Inc. has a twelve month low of $52.91 and a twelve month high of $191.91. The firm's 50-day moving average price is $59.26 and its 200 day moving average price is $68.74. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08.

Fiserv (NASDAQ:FISV - Get Free Report) last issued 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 analyst estimates of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. Fiserv's quarterly revenue was up .6% compared to the same quarter last year. During the same period last year, the company posted $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts predict that Fiserv, Inc. will post 8.11 EPS for the current fiscal year.

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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