Fidelity National Information Services, Inc. $FIS Position Reduced by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. trimmed its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 15.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,867 shares of the information technology services provider’s stock after selling 1,065 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Fidelity National Information Services were worth $478,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Sierra Ocean LLC boosted its stake in Fidelity National Information Services by 356.0% during 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 last quarter. YANKCOM Partnership raised its holdings 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 worth $26,000 after purchasing an additional 190 shares during the period. Meeder Asset Management Inc. raised its holdings 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 worth $26,000 after purchasing an additional 164 shares during the period. Hazlett Burt & Watson Inc. raised its holdings 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 worth $29,000 after purchasing an additional 250 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in shares of Fidelity National Information Services by 100.5% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider’s stock worth $33,000 after purchasing an additional 223 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Stock Down 1.7%

Fidelity National Information Services stock opened at $66.57 on Thursday. The stock has a market cap of $34.77 billion, a price-to-earnings ratio of 369.84 and a beta of 1.05. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The company’s 50-day moving average price is $68.09 and its two-hundred day moving average price is $74.70. 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 released its earnings results 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 for 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%. Fidelity National Information Services’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, 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. Shareholders of record on Wednesday, September 10th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.60 annualized dividend and a yield of 2.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 888.89%.

Analyst Ratings Changes

A number of analysts have weighed in on FIS shares. Keefe, Bruyette & Woods dropped their target price on shares of 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. Robert W. Baird increased their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Truist Financial increased 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. UBS Group raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 target price on the stock in a report on Tuesday, September 30th. Finally, Susquehanna dropped their price objective on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, September 12th. Thirteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $91.06.

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.