Fidelity National Information Services, Inc. $FIS Position Increased by Simplicity Wealth LLC

Simplicity Wealth LLC boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 28.7% during the 2nd quarter, Holdings Channel reports. The fund owned 7,114 shares of the information technology services provider’s stock after acquiring an additional 1,585 shares during the quarter. Simplicity Wealth LLC’s holdings in Fidelity National Information Services were worth $579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in FIS. Sierra Ocean LLC increased its position in Fidelity National Information Services by 356.0% in the 1st 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 period. YANKCOM Partnership increased its position in Fidelity National Information Services by 118.8% in the 1st 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 period. Meeder Asset Management Inc. increased its position in Fidelity National Information Services by 92.1% in the 1st 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 period. Hazlett Burt & Watson Inc. increased its position in Fidelity National Information Services by 179.9% in the 1st 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 period. Finally, Cary Street Partners Investment Advisory LLC increased its position in Fidelity National Information Services by 100.5% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 223 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on FIS shares. Robert W. Baird raised their target price on Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research report on Wednesday, July 16th. Keefe, Bruyette & Woods lowered their price target on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 1st. Truist Financial lifted their price target on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Thursday, July 17th. Susquehanna lowered their price target on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Friday, September 12th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Saturday, September 27th. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $91.00.

Fidelity National Information Services Stock Performance

Shares of NYSE FIS opened at $68.45 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $35.76 billion, a price-to-earnings ratio of 380.32 and a beta of 1.05. The stock’s fifty day simple moving average is $69.18 and its 200 day simple moving average is $74.99. Fidelity National Information Services, Inc. has a 52-week low of $63.00 and a 52-week high of $91.98.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.36. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm 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, sell-side analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is 888.89%.

Fidelity National Information Services 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.