Equitable Trust Co. Buys 1,967 Shares of Fidelity National Information Services, Inc. $FIS

Equitable Trust Co. boosted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 1.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 207,975 shares of the information technology services provider’s stock after purchasing an additional 1,967 shares during the period. Fidelity National Information Services comprises 0.8% of Equitable Trust Co.’s investment portfolio, making the stock its 29th largest position. Equitable Trust Co.’s holdings in Fidelity National Information Services were worth $16,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB raised its stake in shares of Fidelity National Information Services by 10.2% during the second quarter. Wilmington Savings Fund Society FSB now owns 14,132 shares of the information technology services provider’s stock valued at $1,150,000 after acquiring an additional 1,306 shares during the last quarter. Cornerstone Wealth Group LLC grew its position in shares of Fidelity National Information Services by 1.0% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 48,933 shares of the information technology services provider’s stock worth $3,984,000 after buying an additional 494 shares during the last quarter. NorthRock Partners LLC grew its position in shares of Fidelity National Information Services by 18.0% in the 2nd quarter. NorthRock Partners LLC now owns 7,956 shares of the information technology services provider’s stock worth $648,000 after buying an additional 1,216 shares during the last quarter. Verdence Capital Advisors LLC grew its position in shares of Fidelity National Information Services by 8.5% in the 2nd quarter. Verdence Capital Advisors LLC now owns 28,343 shares of the information technology services provider’s stock worth $2,307,000 after buying an additional 2,222 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in Fidelity National Information Services by 54.4% in the second quarter. Sequoia Financial Advisors LLC now owns 9,607 shares of the information technology services provider’s stock worth $782,000 after acquiring an additional 3,384 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 0.7%

NYSE:FIS opened at $67.31 on Tuesday. The firm has a market cap of $35.16 billion, a P/E ratio of 373.97 and a beta of 1.05. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a 50-day simple moving average of $68.25 and a 200-day simple moving average of $74.81. Fidelity National Information Services, Inc. has a one year low of $63.00 and a one year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. The firm had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior 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. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Analysts Set New Price Targets

FIS has been the topic of several research reports. Robert W. Baird boosted their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a research note 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 report on Wednesday, October 1st. Truist Financial raised their target price on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, July 17th. Susquehanna cut their price target on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 8th. Thirteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average price target of $91.00.

About Fidelity National Information Services

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.