NorthRock Partners LLC Has $648,000 Position in Fidelity National Information Services, Inc. $FIS

NorthRock Partners LLC raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 18.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 7,956 shares of the information technology services provider’s stock after buying an additional 1,216 shares during the quarter. NorthRock Partners LLC’s holdings in Fidelity National Information Services were worth $648,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cullen Investment Group LTD. raised its holdings in Fidelity National Information Services by 10.4% in the 2nd quarter. Cullen Investment Group LTD. now owns 58,464 shares of the information technology services provider’s stock valued at $4,760,000 after acquiring an additional 5,521 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in Fidelity National Information Services in the 1st quarter valued at $276,000. Brown Advisory Inc. raised its holdings in Fidelity National Information Services by 16.7% in the 1st quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider’s stock valued at $24,594,000 after acquiring an additional 47,086 shares in the last quarter. Compass Wealth Management LLC raised its holdings in Fidelity National Information Services by 13.5% in the 1st quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider’s stock valued at $5,810,000 after acquiring an additional 9,251 shares in the last quarter. Finally, Brighton Jones LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at $347,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

Shares of FIS opened at $67.76 on Wednesday. Fidelity National Information Services, Inc. has a 12-month low of $63.00 and a 12-month high of $91.98. The business has a 50-day simple moving average of $68.16 and a two-hundred day simple moving average of $74.76. 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 cap of $35.40 billion, a PE ratio of 376.47 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. During the same quarter in the prior year, the firm earned $1.36 EPS. The business’s revenue for the quarter 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. Analysts anticipate 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 company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio is presently 888.89%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Truist Financial lifted their price objective 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. Robert W. Baird boosted their price target on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Susquehanna lowered their price target on 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. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Wednesday, October 8th. Finally, UBS Group raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a report on Tuesday, September 30th. Thirteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.