Cwm LLC Boosts Holdings in Fidelity National Information Services, Inc. $FIS

Cwm LLC raised its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 166.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 35,237 shares of the information technology services provider’s stock after acquiring an additional 21,999 shares during the quarter. Cwm LLC’s holdings in Fidelity National Information Services were worth $2,869,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sierra Ocean LLC lifted its holdings in 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 purchasing an additional 267 shares in the last quarter. Meeder Asset Management Inc. lifted its holdings in 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 purchasing an additional 164 shares in the last quarter. YANKCOM Partnership lifted its holdings in 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 purchasing an additional 190 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in 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 purchasing an additional 250 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its stake 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 worth $33,000 after buying an additional 223 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 889 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was acquired at an average cost of $67.66 per share, for a total transaction of $60,149.74. Following the completion of the transaction, the director directly owned 13,588 shares in the company, valued at approximately $919,364.08. The trade was a 7.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.21% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FIS shares. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods decreased their price target on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Susquehanna decreased their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, September 12th. UBS Group raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a research note on Tuesday, September 30th. Finally, Truist Financial raised their price target on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $91.06.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $66.96 on Friday. Fidelity National Information Services, Inc. has a 12-month low of $63.00 and a 12-month high of $91.98. The stock has a market cap of $34.98 billion, a P/E ratio of 372.04 and a beta of 1.05. The company has a 50-day moving average price of $67.92 and a 200 day moving average price of $74.58. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63.

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

Fidelity National Information Services Announces Dividend

The business 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 dividend yield of 2.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 888.89%.

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.