Equitable Trust Co. Increases Stock Position in Fidelity National Information Services, Inc. $FIS

Equitable Trust Co. increased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 1.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 207,975 shares of the information technology services provider’s stock after buying 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 holding. Equitable Trust Co.’s holdings in Fidelity National Information Services were worth $16,931,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB raised its stake in Fidelity National Information Services by 10.2% during the 2nd quarter. Wilmington Savings Fund Society FSB now owns 14,132 shares of the information technology services provider’s stock worth $1,150,000 after acquiring an additional 1,306 shares in the last quarter. Cornerstone Wealth Group LLC increased its position in shares of Fidelity National Information Services by 1.0% in the second quarter. Cornerstone Wealth Group LLC now owns 48,933 shares of the information technology services provider’s stock valued at $3,984,000 after buying an additional 494 shares in the last quarter. NorthRock Partners LLC raised its position in shares of Fidelity National Information Services by 18.0% in the second quarter. NorthRock Partners LLC now owns 7,956 shares of the information technology services provider’s stock valued at $648,000 after buying an additional 1,216 shares during the last quarter. Verdence Capital Advisors LLC raised 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 period. Finally, Sequoia Financial Advisors LLC lifted its position in Fidelity National Information Services by 54.4% during the 2nd 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 in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Performance

FIS opened at $67.31 on Tuesday. Fidelity National Information Services, Inc. has a 12-month low of $63.00 and a 12-month high of $91.98. 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 firm has a market capitalization of $35.16 billion, a P/E ratio of 373.97 and a beta of 1.05. The stock’s 50 day moving average price is $68.25 and its two-hundred day moving average price is $74.81.

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 during 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%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior 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, equities analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share 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 given a $0.40 dividend. 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%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Susquehanna lowered 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 research report on Friday, September 12th. Truist Financial lifted their price target on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, July 17th. Keefe, Bruyette & Woods decreased their price objective on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Robert W. Baird increased their price target on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 16th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a report on Wednesday, October 8th. Thirteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.