Fiserv (FI) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Fiserv (NYSE: FI) in the last few weeks:

• 1/2/2025 – Fiserv had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $255.00 price target on the stock.
• 12/19/2024 – Fiserv had its price target raised by analysts at Oppenheimer Holdings Inc. from $214.00 to $239.00. They now have an “outperform” rating on the stock.
• 12/18/2024 – Fiserv had its price target raised by analysts at Morgan Stanley from $220.00 to $258.00. They now have an “overweight” rating on the stock.
• 12/18/2024 – Fiserv was upgraded by analysts at Stephens from an “equal weight” rating to an “overweight” rating. They now have a $255.00 price target on the stock, up previously from $220.00.
• 12/9/2024 – Fiserv had its price target raised by analysts at Keefe, Bruyette & Woods from $225.00 to $238.00. They now have an “outperform” rating on the stock.
• 12/3/2024 – Fiserv had its price target raised by analysts at The Goldman Sachs Group, Inc. from $208.00 to $231.00. They now have a “neutral” rating on the stock.
• 11/20/2024 – Fiserv is now covered by analysts at Compass Point. They set a “buy” rating and a $278.00 price target on the stock.
• 11/18/2024 – Fiserv had its price target raised by analysts at BMO Capital Markets from $222.00 to $232.00. They now have an “outperform” rating on the stock.

Fiserv Stock Up 0.1 %

FI traded up $0.25 during midday trading on Thursday, reaching $205.67. 904,917 shares of the company were exchanged, compared to its average volume of 2,532,979. Fiserv, Inc. has a one year low of $131.41 and a one year high of $223.23. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.07. The company’s fifty day moving average price is $209.05 and its 200 day moving average price is $182.35. The company has a market cap of $117.01 billion, a price-to-earnings ratio of 39.55, a price-to-earnings-growth ratio of 1.56 and a beta of 0.93.

Fiserv (NYSE:FI) last announced its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 EPS for the quarter, beating the consensus estimate of $2.26 by $0.04. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. The company had revenue of $5.22 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter in the prior year, the company posted $1.96 earnings per share. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, analysts expect that Fiserv, Inc. will post 8.77 EPS for the current year.

Insider Activity at Fiserv

In other Fiserv news, Director Heidi Miller sold 30,000 shares of Fiserv stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $201.13, for a total transaction of $6,033,900.00. Following the completion of the transaction, the director now owns 33,235 shares of the company’s stock, valued at $6,684,555.55. The trade was a 47.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Doyle Simons sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $201.97, for a total transaction of $8,078,800.00. Following the transaction, the director now directly owns 76,180 shares of the company’s stock, valued at approximately $15,386,074.60. This represents a 34.43 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 90,821 shares of company stock worth $18,581,095. Insiders own 0.75% of the company’s stock.

Hedge Funds Weigh In On Fiserv

A number of hedge funds and other institutional investors have recently bought and sold shares of FI. Sanders Capital LLC bought a new stake in Fiserv in the third quarter worth $764,543,000. FMR LLC boosted its holdings in Fiserv by 17.8% during the 3rd quarter. FMR LLC now owns 9,442,476 shares of the business services provider’s stock valued at $1,696,341,000 after acquiring an additional 1,427,664 shares during the period. Maj Invest Holding A S bought a new position in Fiserv during the 3rd quarter worth approximately $172,993,000. Kovitz Investment Group Partners LLC increased its stake in Fiserv by 788.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 632,554 shares of the business services provider’s stock worth $109,700,000 after purchasing an additional 561,377 shares during the period. Finally, Mizuho Securities USA LLC boosted its stake in shares of Fiserv by 1,238.6% during the third quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider’s stock valued at $108,488,000 after purchasing an additional 558,774 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.