Mondrian Investment Partners 13F: Cuts FISV Stake by $25M

Mondrian Investment Partners reduced its holdings in Fiserv, Inc. (FISV) by 45.3%, selling 542,780 shares during the period. According to a Form 13F filing with the SEC on October 23, 2026, the firm ended the quarter with 655,260 shares worth about $29.6 million.

FISV Fiserv, Inc.

$49.86 ▼ -23.98% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mondrian Investment Partners's Fiserv Position

The reduction cut the firm's prior stake of 1,198,040 shares down to 655,260 shares. The trimmed position reflects a sizable pullback by the institutional investor from the financial technology provider.

Other Institutional Activity in Fiserv

Other major funds also adjusted their positions in Fiserv around the same period. PensionDanmark Pensionsforsikringsaktieselskab cut its holdings by 63,242 shares, ending with 81,650 shares worth about $3.7 million. Forbes J M sold out of its entire position, unloading all 4,258 shares to finish with zero holdings. Dodge & Cox grew its holdings by 786,328 shares, ending with 50,260,950 shares worth about $2.7 billion. Dodge & Cox Inc. trimmed its stake by 65,338 shares to finish with 50,194,946 shares valued at roughly $2.5 billion. Harris Associates L.P. lifted its stake by 2,473,150 shares, bringing its total to 22,210,980 shares worth about $1.1 billion.

Fiserv, Inc. Stock Up 3.4%

Fiserv recently traded around $49.86 as of October 24, 2026, holding equal to its close of $49.86 on the filing date. The stock trades above its 50-day moving average of $49.15 but sits below its 200-day moving average of $55.30. Shares have traded between a 52-week low of $43.87 and a 52-week high of $128.78.

Recent Earnings

Fiserv has a trailing P/E ratio of 9.8 and a forward P/E ratio of 6.3. The company holds a market capitalization of roughly $27.0 billion. Its next quarterly financial report is scheduled for release on November 3, 2026.

Insider Buying and Selling at Fiserv, Inc.

Company insiders made several purchases earlier in the year. Officer Adam L. Rosman bought 10,150 shares on June 16, 2026, at an average price of $49.33 for a total value of $500,700. Chief Financial Officer Paul M. Todd bought 10,060 shares on June 17, 2026, at $49.70 per share for $499,982. Director Wafaa Mamilli purchased 2,960 shares on June 17, 2026, at $50.59 for a total of $149,746. Director Lance M. Fritz bought 10,000 shares on August 7, 2026, at $51.95 for a total value of $519,500.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through October. TD Cowen maintained its hold rating on October 9, 2026, while lowering its price target to $49.00 from $55.00. Barclays maintained an equal-weight rating on October 9, 2026, adjusting its target down to $50.00 from $52.00. Citigroup maintained a neutral rating on October 16, 2026, cutting its target to $53.00 from $57.00. Cantor Fitzgerald maintained a neutral rating on October 16, 2026, lowering its target to $48.00 from $53.00. Truist Securities maintained a hold rating on October 23, 2026, with a price target of $51.00. Overall, the stock carries a consensus hold rating from 27 analysts with a mean price target of $57.70.

About Fiserv

Fiserv provides payment processing, digital banking solutions, and financial technology services to banks, credit unions, and merchants worldwide. Its systems help institutions handle account processing, electronic payments, and risk management.

Bottom Line

Investors will look toward the upcoming earnings report on November 3, 2026, for fresh details on the company's financial trajectory. Institutional shifts and ongoing analyst target adjustments highlight how the market is reassessing the stock ahead of the results.