Fiserv (NYSE:FI) Upgraded at Seaport Res Ptn

Fiserv (NYSE:FI - Get Free Report) was upgraded by equities researchers at Seaport Res Ptn from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Tuesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Fiserv's Q3 2025 earnings at $2.72 EPS.

Several other research firms also recently issued reports on FI. Tigress Financial increased their target price on Fiserv from $190.00 to $244.00 and gave the stock a "buy" rating in a research report on Tuesday, October 29th. Keefe, Bruyette & Woods increased their price objective on Fiserv from $225.00 to $238.00 and gave the stock an "outperform" rating in a report on Monday, December 9th. Robert W. Baird raised their target price on Fiserv from $186.00 to $200.00 and gave the stock an "outperform" rating in a research note on Monday, September 23rd. StockNews.com upgraded Fiserv from a "hold" rating to a "buy" rating in a research report on Thursday, September 26th. Finally, Jefferies Financial Group raised their price objective on shares of Fiserv from $195.00 to $200.00 and gave the company a "hold" rating in a research report on Tuesday, October 22nd. Three research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $223.17.

Fiserv Stock Performance

Shares of FI stock traded down $0.35 on Tuesday, hitting $204.12. 2,518,501 shares of the stock were exchanged, compared to its average volume of 2,268,416. The firm's 50 day moving average is $209.69 and its two-hundred day moving average is $186.07. Fiserv has a one year low of $135.97 and a one year high of $223.23. The firm has a market capitalization of $116.13 billion, a PE ratio of 39.25, a P/E/G ratio of 1.56 and a beta of 0.94. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85.

Fiserv (NYSE:FI - Get Free Report) last issued its earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.04. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. The firm had revenue of $5.22 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter last year, the business earned $1.96 earnings per share. The company's quarterly revenue was up 7.0% on a year-over-year basis. Sell-side analysts expect that Fiserv will post 8.77 earnings per share for the current fiscal year.

Insider Buying and Selling at Fiserv

In related news, CAO Kenneth Best sold 20,821 shares of the company's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the completion of the sale, the chief accounting officer now directly owns 38,771 shares in the company, valued at $8,320,644.31. This represents a 34.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Doyle Simons sold 40,000 shares of the firm's stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $201.97, for a total transaction of $8,078,800.00. Following the completion of the sale, the director now directly owns 76,180 shares in the company, valued at approximately $15,386,074.60. This trade represents a 34.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 90,821 shares of company stock worth $18,581,095 over the last three months. Company insiders own 0.75% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sanders Capital LLC purchased a new position in shares of Fiserv during the third quarter valued at approximately $764,543,000. FMR LLC increased its position 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 purchasing an additional 1,427,664 shares during the period. Maj Invest Holding A S bought a new position in Fiserv in the 3rd quarter worth $172,993,000. Kovitz Investment Group Partners LLC raised its holdings 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 in the last quarter. Finally, Mizuho Securities USA LLC lifted its position in shares of Fiserv by 1,238.6% in the 3rd quarter. Mizuho Securities USA LLC now owns 603,887 shares of the business services provider's stock worth $108,488,000 after purchasing an additional 558,774 shares during the period. Institutional investors own 90.98% of the company's stock.

About Fiserv

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.