KeyCorp Comments on Fiserv's Q1 Earnings (NYSE:FI)

Fiserv, Inc. (NYSE:FI - Free Report) - Equities research analysts at KeyCorp issued their Q1 2025 earnings per share (EPS) estimates for shares of Fiserv in a research note issued on Wednesday, December 18th. KeyCorp analyst A. Markgraff expects that the business services provider will post earnings of $2.08 per share for the quarter. KeyCorp currently has a "Overweight" rating and a $225.00 price target on the stock. The consensus estimate for Fiserv's current full-year earnings is $8.77 per share. KeyCorp also issued estimates for Fiserv's Q2 2025 earnings at $2.45 EPS, Q3 2025 earnings at $2.72 EPS, Q4 2025 earnings at $2.97 EPS, FY2025 earnings at $10.22 EPS and FY2026 earnings at $11.99 EPS.

Fiserv (NYSE:FI - Get Free Report) last announced its quarterly earnings results on Tuesday, October 22nd. The business services provider reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.04. Fiserv had a return on equity of 17.10% and a net margin of 15.22%. The firm had revenue of $5.22 billion for the quarter, compared to analysts' expectations of $4.90 billion. During the same period in the prior year, the business posted $1.96 earnings per share. The company's revenue was up 7.0% on a year-over-year basis.

Several other research analysts have also recently weighed in on FI. Oppenheimer upped their price target on shares of Fiserv from $214.00 to $239.00 and gave the stock an "outperform" rating in a report on Thursday. UBS Group upped their target price on Fiserv from $185.00 to $240.00 and gave the stock a "buy" rating in a research note on Wednesday, October 23rd. Wells Fargo & Company raised their price target on Fiserv from $215.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, October 23rd. Keefe, Bruyette & Woods boosted 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. Finally, Morgan Stanley raised their target price on shares of Fiserv from $220.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday. Three 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. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $222.88.

Fiserv Price Performance

Fiserv stock traded up $0.50 during midday trading on Thursday, reaching $202.26. 2,951,517 shares of the stock were exchanged, compared to its average volume of 2,542,117. The company's fifty day moving average is $207.06 and its 200-day moving average is $178.47. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.07. Fiserv has a 52 week low of $131.41 and a 52 week high of $223.23. The firm has a market cap of $115.07 billion, a PE ratio of 38.90, a PEG ratio of 1.56 and a beta of 0.93.

Institutional Trading of Fiserv

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC lifted its holdings in shares of Fiserv by 17.8% during the third 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 last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Fiserv by 0.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 7,173,941 shares of the business services provider's stock valued at $1,069,204,000 after acquiring an additional 64,332 shares in the last quarter. Legal & General Group Plc raised its position in shares of Fiserv by 1.9% in the 2nd quarter. Legal & General Group Plc now owns 4,612,789 shares of the business services provider's stock worth $687,489,000 after purchasing an additional 85,598 shares during the last quarter. Sanders Capital LLC bought a new position in Fiserv in the 3rd quarter worth about $764,543,000. Finally, Dimensional Fund Advisors LP raised its holdings in Fiserv by 8.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,960,012 shares of the business services provider's stock worth $441,173,000 after buying an additional 225,159 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company's stock.

Insider Buying and Selling at Fiserv

In other Fiserv news, CEO Frank Bisignano sold 145,000 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $177.37, for a total value of $25,718,650.00. Following the completion of the sale, the chief executive officer now owns 2,965,084 shares in the company, valued at approximately $525,916,949.08. This trade represents a 4.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Kenneth Best sold 20,821 shares of Fiserv stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total value of $4,468,394.81. Following the completion of the sale, the chief accounting officer now owns 38,771 shares in the company, valued at approximately $8,320,644.31. This represents a 34.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 235,821 shares of company stock worth $44,299,745. 0.75% of the stock is currently owned by insiders.

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.