Blair William & Co. IL Sells 2,385 Shares of Fidelity National Information Services, Inc. $FIS

Blair William & Co. IL decreased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 0.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 309,722 shares of the information technology services provider’s stock after selling 2,385 shares during the period. Blair William & Co. IL’s holdings in Fidelity National Information Services were worth $25,214,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in Fidelity National Information Services in the 4th quarter valued at about $347,000. NBC Securities Inc. purchased a new stake in shares of Fidelity National Information Services in the first quarter worth approximately $67,000. Capital Investment Advisors LLC lifted its holdings in shares of Fidelity National Information Services by 17.4% in the first quarter. Capital Investment Advisors LLC now owns 3,584 shares of the information technology services provider’s stock valued at $268,000 after purchasing an additional 530 shares in the last quarter. Yousif Capital Management LLC boosted its position in shares of Fidelity National Information Services by 13.5% during the first quarter. Yousif Capital Management LLC now owns 79,824 shares of the information technology services provider’s stock valued at $5,961,000 after buying an additional 9,520 shares during the last quarter. Finally, Simplicity Wealth LLC grew its holdings in Fidelity National Information Services by 61.0% during the first quarter. Simplicity Wealth LLC now owns 5,529 shares of the information technology services provider’s stock worth $413,000 after buying an additional 2,095 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $68.56 on Friday. Fidelity National Information Services, Inc. has a 52-week low of $63.00 and a 52-week high of $91.98. The company has a 50-day simple moving average of $68.71 and a 200 day simple moving average of $74.90. 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 company has a market capitalization of $35.81 billion, a PE ratio of 380.91 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $2.57 billion. During the same period in the previous year, the company earned $1.36 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. 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, research analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio is 888.89%.

Analysts Set New Price Targets

Several equities analysts have weighed in on FIS shares. Truist Financial raised their price objective on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 17th. Susquehanna dropped 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 report on Friday, September 12th. Keefe, Bruyette & Woods cut 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 report on Wednesday, October 1st. Robert W. Baird increased 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 research note on Wednesday, July 16th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $91.00.

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.