Dakota Wealth Management Boosts Stake in Fidelity National Information Services, Inc. $FIS

Dakota Wealth Management boosted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 2.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,729 shares of the information technology services provider’s stock after purchasing an additional 204 shares during the period. Dakota Wealth Management’s holdings in Fidelity National Information Services were worth $792,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Sierra Ocean LLC increased its position in shares of Fidelity National Information Services by 356.0% during the first quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 267 shares during the last quarter. Meeder Asset Management Inc. increased its position in shares of Fidelity National Information Services by 92.1% during the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 164 shares during the last quarter. YANKCOM Partnership increased its position in shares of Fidelity National Information Services by 118.8% during the first quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 190 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of Fidelity National Information Services by 179.9% during the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock valued at $29,000 after acquiring an additional 250 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in shares of Fidelity National Information Services by 100.5% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider’s stock valued at $33,000 after purchasing an additional 223 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Trading Up 0.7%

NYSE FIS opened at $64.21 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a 52 week low of $63.00 and a 52 week high of $91.98. The stock has a market capitalization of $33.54 billion, a PE ratio of 356.74 and a beta of 1.05. The firm has a 50 day moving average of $71.23 and a two-hundred day moving average of $75.28.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, hitting the consensus estimate of $1.36. The company had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.36 EPS. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were issued a $0.40 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.5%. Fidelity National Information Services’s dividend payout ratio is presently 888.89%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on FIS. Robert W. Baird lifted their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. Truist Financial lifted their price objective on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, July 17th. Susquehanna dropped their price objective on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, September 12th. UBS Group dropped their price objective on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating for the company in a report on Wednesday, August 6th. Twelve research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services has a consensus rating of “Moderate Buy” and an average price target of $91.17.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.