Seaport Res Ptn Issues Negative Estimate for Fiserv Earnings

Fiserv, Inc. (NYSE:FI - Free Report) - Seaport Res Ptn cut their Q1 2025 earnings per share estimates for Fiserv in a report issued on Tuesday, October 22nd. Seaport Res Ptn analyst J. Cantwell now anticipates that the business services provider will earn $2.17 per share for the quarter, down from their previous forecast of $2.22. The consensus estimate for Fiserv's current full-year earnings is $8.74 per share. Seaport Res Ptn also issued estimates for Fiserv's Q2 2025 earnings at $2.45 EPS, Q3 2025 earnings at $2.68 EPS, Q1 2026 earnings at $2.63 EPS, Q2 2026 earnings at $2.90 EPS, Q3 2026 earnings at $3.18 EPS and FY2026 earnings at $12.17 EPS.

A number of other equities research analysts also recently weighed in on the company. Stephens raised their price target on Fiserv from $170.00 to $200.00 and gave the company an "equal weight" rating in a research report on Friday, October 18th. Robert W. Baird raised their price target on Fiserv from $186.00 to $200.00 and gave the company an "outperform" rating in a research report on Monday, September 23rd. Morgan Stanley raised their price target on Fiserv from $177.00 to $220.00 and gave the company an "overweight" rating in a research report on Tuesday, October 15th. BTIG Research initiated coverage on Fiserv in a research report on Wednesday, August 28th. They set a "buy" rating and a $200.00 price target on the stock. Finally, Jefferies Financial Group raised their price objective on Fiserv from $195.00 to $200.00 and gave the company a "hold" rating in a research note on Tuesday. Four research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $202.08.

Fiserv Price Performance

Shares of FI stock traded up $0.90 on Thursday, reaching $203.26. The company's stock had a trading volume of 2,032,723 shares, compared to its average volume of 2,482,592. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.85. Fiserv has a 12-month low of $111.53 and a 12-month high of $204.50. The company has a market capitalization of $118.93 billion, a P/E ratio of 38.00, a PEG ratio of 1.44 and a beta of 0.93. The stock's 50 day simple moving average is $179.29 and its 200-day simple moving average is $162.09.

Fiserv (NYSE:FI - Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.26 by $0.04. Fiserv had a return on equity of 16.41% and a net margin of 17.45%. The company had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter last year, the business posted $1.96 earnings per share. The firm's revenue was up 7.0% compared to the same quarter last year.

Hedge Funds Weigh In On Fiserv

Several large investors have recently made changes to their positions in FI. Norden Group LLC purchased a new position in Fiserv in the 1st quarter worth approximately $2,359,000. ORG Partners LLC raised its holdings in Fiserv by 3,016.0% in the 2nd quarter. ORG Partners LLC now owns 3,303 shares of the business services provider's stock worth $486,000 after acquiring an additional 3,197 shares during the last quarter. ZRC Wealth Management LLC purchased a new position in Fiserv in the 1st quarter worth approximately $32,000. Park Place Capital Corp raised its holdings in Fiserv by 66.3% in the 3rd quarter. Park Place Capital Corp now owns 7,008 shares of the business services provider's stock worth $1,259,000 after acquiring an additional 2,794 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in Fiserv by 377.3% in the 1st quarter. Acadian Asset Management LLC now owns 56,645 shares of the business services provider's stock worth $9,047,000 after acquiring an additional 44,776 shares during the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fiserv

In other Fiserv news, CEO Frank Bisignano sold 145,000 shares of Fiserv stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $177.37, for a total transaction of $25,718,650.00. Following the sale, the chief executive officer now directly owns 2,965,084 shares of the company's stock, valued at approximately $525,916,949.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CEO Frank Bisignano sold 145,000 shares of Fiserv stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $177.37, for a total transaction of $25,718,650.00. Following the completion of the transaction, the chief executive officer now directly owns 2,965,084 shares in the company, valued at approximately $525,916,949.08. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Guy Chiarello sold 24,000 shares of Fiserv stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $164.97, for a total transaction of $3,959,280.00. Following the transaction, the chief operating officer now owns 163,699 shares of the company's stock, valued at $27,005,424.03. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 227,890 shares of company stock valued at $40,934,217. 0.75% of the stock is currently owned by corporate insiders.

Fiserv Company Profile

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.