Is Fiserv a Buy After Letson Investment Management Initiated a Big Position in the Stock?

Group 1: Investment Activity - Letson Investment Management, Inc. disclosed a new stake in Fiserv, acquiring 73,166 shares valued at $9.43 million as of September 30, 2025, marking a new position for the firm [1][2] - This new position in Fiserv represents 3.38% of Letson's total reportable U.S. equity AUM of $278.74 million [2] Group 2: Company Overview - Fiserv, Inc. has a market capitalization of $68.36 billion and reported revenue of $21.11 billion and net income of $3.38 billion for the trailing twelve months [3] - The company is a leading provider of integrated payment and financial technology solutions, serving a global client base [3][4] Group 3: Financial Performance - Fiserv's Q2 sales reached $5.5 billion, reflecting an 8% year-over-year growth, which is an improvement over the 7% growth experienced in 2024 [10] - The company's share price has declined significantly, with a forward P/E ratio dropping from 17 at the end of Q2 to around 11 in October [9] Group 4: Market Position and Outlook - Fiserv's competitive advantage lies in its broad platform capabilities and deep integration across the payments and fintech value chain, providing various services including merchant acquiring and digital banking platforms [4][5] - Despite recent challenges, Letson's investment suggests a bullish outlook on Fiserv, potentially indicating a buy opportunity for long-term investors [8][10]