Empirical Financial Services LLC d.b.a. Empirical Wealth Management Boosts Position in Fidelity National Information Services, Inc. $FIS

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 9.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,139 shares of the information technology services provider’s stock after buying an additional 1,826 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Fidelity National Information Services were worth $1,802,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Monetary Management Group Inc. raised its stake in shares of Fidelity National Information Services by 2.8% during the 1st quarter. Monetary Management Group Inc. now owns 4,960 shares of the information technology services provider’s stock valued at $370,000 after buying an additional 135 shares during the last quarter. Phoenix Wealth Advisors raised its position in Fidelity National Information Services by 0.4% during the first quarter. Phoenix Wealth Advisors now owns 30,861 shares of the information technology services provider’s stock valued at $2,305,000 after acquiring an additional 135 shares in the last quarter. CX Institutional raised its position in Fidelity National Information Services by 2.3% during the second quarter. CX Institutional now owns 6,317 shares of the information technology services provider’s stock valued at $514,000 after acquiring an additional 140 shares in the last quarter. Stonebrook Private Inc. raised its position in Fidelity National Information Services by 0.6% during the first quarter. Stonebrook Private Inc. now owns 24,424 shares of the information technology services provider’s stock valued at $1,824,000 after acquiring an additional 146 shares in the last quarter. Finally, Integrated Advisors Network LLC raised its position in Fidelity National Information Services by 4.7% during the first quarter. Integrated Advisors Network LLC now owns 3,284 shares of the information technology services provider’s stock valued at $245,000 after acquiring an additional 147 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Robert W. Baird lifted their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. UBS Group raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Tuesday, September 30th. Susquehanna cut their price objective on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Truist Financial lifted their price objective on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, July 17th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Saturday, September 27th. Thirteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned 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 a consensus target price of $91.00.

Fidelity National Information Services Stock Up 0.4%

FIS stock opened at $66.71 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $63.00 and a 52 week high of $91.98. The firm has a 50-day simple moving average of $69.73 and a 200-day simple moving average of $75.07. 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 $34.85 billion, a P/E ratio of 370.60 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, hitting the consensus estimate of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the business earned $1.36 EPS. Fidelity National Information Services’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. Equities 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 issued a dividend of $0.40 per share. The ex-dividend date of this dividend 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 is presently 888.89%.

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.