FirstService Corporation $FSV is Conestoga Capital Advisors LLC’s 4th Largest Position

Posted by Francis Steltz on Jul 2nd, 2026

Conestoga Capital Advisors LLC lifted its position in FirstService Corporation (NASDAQ:FSV – Free Report) (TSE:FSV) by 19.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,405,564 shares of the financial services provider’s stock after purchasing an additional 233,043 shares during the period. FirstService comprises approximately 3.9% of Conestoga Capital Advisors LLC’s portfolio, making the stock its 4th biggest holding. Conestoga Capital Advisors LLC’s holdings in FirstService were worth $195,289,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FSV. JPL Wealth Management LLC bought a new stake in FirstService during the 3rd quarter valued at $26,000. Caitong International Asset Management Co. Ltd grew its holdings in FirstService by 88.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 173 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 81 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in FirstService in the 4th quarter worth $34,000. Geneos Wealth Management Inc. increased its position in shares of FirstService by 63.7% in the second quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 79 shares during the period. Finally, Strs Ohio purchased a new position in shares of FirstService in the first quarter valued at about $38,000. 69.35% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on FSV. Loop Capital assumed coverage on shares of FirstService in a research note on Monday, May 4th. They set a “hold” rating and a $140.00 price objective for the company. Weiss Ratings downgraded FirstService from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Scotiabank lowered their price target on FirstService from $190.00 to $175.00 and set an “outperform” rating for the company in a research report on Tuesday. TD increased their price objective on FirstService from $201.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Wall Street Zen upgraded FirstService from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.56.

View Our Latest Report on FSV

FirstService Trading Up 0.7%

NASDAQ:FSV opened at $143.06 on Thursday. The company has a 50-day moving average price of $137.15 and a 200-day moving average price of $146.68. The stock has a market cap of $6.58 billion, a price-to-earnings ratio of 40.41, a P/E/G ratio of 4.32 and a beta of 0.93. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.74. FirstService Corporation has a 12 month low of $119.41 and a 12 month high of $209.66.

FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. FirstService had a net margin of 2.92% and a return on equity of 17.91%. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the company earned $0.92 earnings per share. FirstService’s quarterly revenue was up 5.3% on a year-over-year basis. Equities analysts predict that FirstService Corporation will post 5.54 EPS for the current year.

FirstService Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. FirstService’s payout ratio is presently 34.46%.

FirstService Company Profile

(Free Report)

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.