PensionDanmark Pensionsforsikringsaktieselskab 13F: Cuts FISV Stake by $2.9M

PensionDanmark cut its stake in Fiserv, Inc. (NasdaqGS: FISV) by 43.6% during the quarter, according to a Form 13F filing with the SEC on October 19, 2026. The fund sold 63,242 shares, leaving it with 81,650 shares valued at about $3.7 million.

FISV Fiserv, Inc.

$47.55 ▼ -27.50% year to date

1M 3M YTD

Daily close · Oct 16, 2026

What Changed in PensionDanmark's Fiserv Position

The reduction brought PensionDanmark's holdings down from 144,892 shares previously. The remaining stake of 81,650 shares carries a reported value of $3,688,947 based on the filing details. The firm adjusted its exposure to the financial technology provider after holding a larger block through the earlier part of the year.

Other Institutional Activity in Fiserv

Other major institutional investors made mixed moves with their Fiserv shares during recent reporting periods. Forbes J M completely exited its position, selling 42,583 shares to drop to zero. On the other hand, Dodge & Cox grew its holdings by 1.6% to 50.26 million shares worth about $2.7 billion. Dodge & Cox Inc. reduced its stake slightly by 0.1% to 50.19 million shares valued at $2.4 billion. Harris Associates L.P. lifted its position by 12.5% to 22.2 million shares worth about $1.1 billion. First Eagle Investment Management, LLC grew its stake by 44.9% to 10.8 million shares valued at about $517.8 million.

Fiserv, Inc. Stock Up 0.3%

Fiserv shares recently traded around $47.69 as of October 20, 2026, matching the closing price of $47.69 on the October 19 filing date. The stock trades about 3.3% below its 50-day moving average of $49.33 and 14.2% below its 200-day moving average of $55.57. The current price sits 63.0% below the 52-week high of $128.78 and 8.7% above the 52-week low of $43.87. With a market capitalization of roughly $25.4 billion and a price-to-earnings ratio of 9.15, the shares trade well under the mean analyst price target of $58.15, putting the current price about 18.0% below that average expectation.

Recent Earnings

The company is scheduled to report its next round of financial results on November 3, 2026.

Dividend

Fiserv does not currently pay a regular dividend to shareholders.

Insider Buying and Selling at Fiserv, Inc.

Company insiders completed several open-market purchases earlier in the year. Officer Adam L Rosman bought 10,150 shares on June 16, 2026, at an average price of $49.33. Chief Financial Officer Paul M Todd acquired 10,060 shares on June 17, 2026, at $49.70 per share. Director Wafaa Mamilli purchased 2,960 shares on June 17, 2026, at $50.59. Director Lance M Fritz bought 10,000 shares on August 7, 2026, at a price of $51.95.

Analysts Set New Price Targets

Wall Street analysts have updated their views on the stock through October 2026. Oppenheimer downgraded the stock to a Perform rating on October 8, 2026. TD Cowen maintained a Hold rating and lowered its price target from $55.00 to $49.00 on October 9, 2026. Barclays maintained an Equal-Weight rating while reducing its target from $52.00 to $50.00 on October 9, 2026. Citigroup kept a Neutral rating and dropped its target from $57.00 to $53.00 on October 16, 2026. Cantor Fitzgerald maintained a Neutral rating and trimmed its target from $53.00 to $48.00 on October 16, 2026. Across 26 analysts covering the company, the stock holds a consensus Hold rating.

About Fiserv

Fiserv, Inc. provides payment processing and financial services technology to banks, credit unions, and merchants around the world. Its software and systems handle account processing, electronic payments, and digital banking solutions. Institutional interest remains active as the company navigates its current valuation levels and prepares for its upcoming earnings update in November.

Bottom Line

Investors will look to the upcoming earnings report on November 3, 2026, for fresh details on operational performance. Monitoring subsequent 13F filings will show whether other international funds continue trimming or building their positions.