Fidelity National Information Services, Inc. $FIS Shares Purchased by Peterson Wealth Services

Peterson Wealth Services raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,402 shares of the information technology services provider’s stock after purchasing an additional 516 shares during the quarter. Peterson Wealth Services’ holdings in Fidelity National Information Services were worth $1,905,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Monetary Management Group Inc. raised its stake in Fidelity National Information Services by 2.8% during the first quarter. Monetary Management Group Inc. now owns 4,960 shares of the information technology services provider’s stock worth $370,000 after acquiring an additional 135 shares during the period. Phoenix Wealth Advisors raised its position in shares of Fidelity National Information Services by 0.4% during the 1st quarter. Phoenix Wealth Advisors now owns 30,861 shares of the information technology services provider’s stock worth $2,305,000 after purchasing an additional 135 shares during the period. CX Institutional lifted its holdings in shares of Fidelity National Information Services by 2.3% in the 2nd quarter. CX Institutional now owns 6,317 shares of the information technology services provider’s stock worth $514,000 after purchasing an additional 140 shares during the last quarter. Stonebrook Private Inc. grew its stake in Fidelity National Information Services by 0.6% during the 1st quarter. Stonebrook Private Inc. now owns 24,424 shares of the information technology services provider’s stock worth $1,824,000 after buying an additional 146 shares during the last quarter. Finally, Private Trust Co. NA increased its position in Fidelity National Information Services by 9.9% in the first quarter. Private Trust Co. NA now owns 1,660 shares of the information technology services provider’s stock worth $124,000 after buying an additional 149 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 0.5%

Fidelity National Information Services stock opened at $67.85 on Friday. The company has a market capitalization of $35.44 billion, a P/E ratio of 376.97 and a beta of 1.05. Fidelity National Information Services, Inc. has a 1-year low of $63.00 and a 1-year high of $91.98. The firm’s fifty day simple moving average is $67.56 and its 200-day simple moving average is $74.46. 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 posted its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting the consensus estimate of $1.36. The company had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $1.36 earnings per share. 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 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 disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein purchased 889 shares of Fidelity National Information Services stock in a transaction on Wednesday, October 15th. The stock was purchased at an average cost of $67.66 per share, with a total value of $60,149.74. Following the acquisition, the director directly owned 13,588 shares in the company, valued at approximately $919,364.08. This trade represents a 7.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.21% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FIS. KeyCorp reiterated a “hold” rating on shares of Fidelity National Information Services in a research report on Wednesday. Robert W. Baird lifted their target price on 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. Stephens decreased their price target on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a research note on Thursday, October 16th. Truist Financial decreased their price target on shares of Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating for the company in a report on Friday. Finally, Susquehanna cut their target price 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. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $87.94.

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.