Somerville Kurt F Invests $1.06 Million in Fiserv, Inc. $FISV

Posted by Brenda Bartman on Aug 20th, 2026

Somerville Kurt F acquired a new stake in Fiserv, Inc. (NASDAQ:FISV – Free Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 21,645 shares of the business services provider’s stock, valued at approximately $1,062,000.

Other institutional investors have also made changes to their positions in the company. Puzo Michael J acquired a new position in Fiserv during the second quarter worth $545,000. Edmond DE Rothschild Holding S.A. bought a new stake in Fiserv during the 2nd quarter worth about $123,000. Madison Asset Management LLC acquired a new position in shares of Fiserv during the 2nd quarter worth about $5,425,000. Johnson Financial Group Inc. acquired a new position in shares of Fiserv during the 2nd quarter worth about $317,000. Finally, Addison Advisors LLC bought a new position in shares of Fiserv in the 2nd quarter valued at about $88,000. Institutional investors own 90.98% of the company’s stock.

Wall Street Analysts Forecast Growth

FISV has been the subject of several recent research reports. Raymond James Financial restated a “market perform” rating on shares of Fiserv in a research note on Tuesday, July 7th. Cantor Fitzgerald reiterated a “neutral” rating and set a $53.00 price objective (down from $62.00) on shares of Fiserv in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price objective on Fiserv from $62.00 to $60.00 and set a “neutral” rating for the company in a report on Friday, August 7th. UBS Group set a $60.00 target price on shares of Fiserv and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, TD Cowen lowered their target price on shares of Fiserv from $63.00 to $55.00 and set a “hold” rating on the stock in a report on Friday, August 7th. Six research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $74.17.

Check Out Our Latest Research Report on Fiserv

Fiserv Trading Up 0.7%

Fiserv stock opened at $52.08 on Thursday. The stock has a 50-day simple moving average of $51.39 and a 200 day simple moving average of $55.96. The stock has a market capitalization of $27.69 billion, a P/E ratio of 10.00, a PEG ratio of 3.88 and a beta of 0.80. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.04 and a current ratio of 1.04. Fiserv, Inc. has a 52 week low of $47.04 and a 52 week high of $140.42.

Fiserv (NASDAQ:FISV – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.91 by ($0.07). Fiserv had a net margin of 13.42% and a return on equity of 15.80%. The business had revenue of $4.96 billion during the quarter, compared to the consensus estimate of $5.04 billion. The business’s revenue for the quarter was down 4.1% compared to the same quarter last year. Analysts expect that Fiserv, Inc. will post 7.27 earnings per share for the current year.

Insiders Place Their Bets

In other Fiserv news, Director Lance M. Fritz purchased 10,000 shares of the business’s stock in a transaction on Friday, August 7th. The stock was acquired at an average price of $51.95 per share, with a total value of $519,500.00. Following the acquisition, the director directly owned 27,207 shares of the company’s stock, valued at $1,413,403.65. This trade represents a 58.12% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Paul M. Todd acquired 10,060 shares of Fiserv stock in a transaction on Wednesday, June 17th. The shares were bought at an average cost of $49.70 per share, with a total value of $499,982.00. Following the completion of the transaction, the chief financial officer owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.06% of the stock is currently owned by corporate insiders.

About Fiserv

(Free Report)

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.