Teachers Retirement System of The State of Kentucky Invests $3 Million in Fiserv, Inc. $FISV

Key Points

• Teachers Retirement System of the State of Kentucky purchased a new position of 44,588 shares (~$2.995 million) in Fiserv during Q4, and institutional investors now own about 90.98% of the stock.
• Fiserv beat estimates for the quarter with $1.99 EPS (vs. $1.90 est.) and $4.90B revenue, and set FY2026 guidance of 8.00–8.30 EPS (sell-side consensus ~8.11).
• The stock trades near $61.27 (1-year range $52.91–$191.91) with a P/E of 9.66 and $32.72B market cap; analysts’ consensus is a "Hold" with an average target price of $92.41.

Teachers Retirement System of The State of Kentucky bought a new position in Fiserv, Inc. (NASDAQ:FISV - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 44,588 shares of the business services provider's stock, valued at approximately $2,995,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. American National Bank & Trust bought a new position in shares of Fiserv in the fourth quarter valued at $27,000. Mendota Financial Group LLC acquired a new stake in shares of Fiserv during the 4th quarter valued at $28,000. Capital Advisors Ltd. LLC bought a new stake in shares of Fiserv during the 4th quarter worth $29,000. True Wealth Design LLC boosted its stake in shares of Fiserv by 3,750.0% during the 3rd quarter. True Wealth Design LLC now owns 231 shares of the business services provider's stock worth $30,000 after acquiring an additional 225 shares in the last quarter. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Fiserv in the 3rd quarter worth $30,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv Stock Performance

Shares of FISV stock opened at $61.27 on Tuesday. Fiserv, Inc. has a 1-year low of $52.91 and a 1-year high of $191.91. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $32.72 billion, a price-to-earnings ratio of 9.66, a P/E/G ratio of 1.89 and a beta of 0.79. The stock's fifty day simple moving average is $59.30 and its 200-day simple moving average is $68.29.

Fiserv (NASDAQ:FISV - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 18.39% and a net margin of 16.42%.Fiserv's quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.51 earnings per share. 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 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on FISV shares. Morgan Stanley set a $64.00 target price on Fiserv in a report on Wednesday, February 11th. Loop Capital started coverage on Fiserv in a research note on Tuesday, March 31st. They issued a "hold" rating and a $62.00 price target on the stock. BMO Capital Markets started coverage on Fiserv in a report on Tuesday, April 21st. They set a "market perform" rating and a $65.00 price objective on the stock. B. Riley Financial reduced their price objective 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. Finally, JPMorgan Chase & Co. decreased their target price on shares of Fiserv from $85.00 to $75.00 and set a "neutral" rating for the company in a report on Wednesday, February 11th. 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 data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $92.41.

Fiserv 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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