EP Wealth Advisors LLC Lowers Stock Position in Fidelity National Information Services, Inc. $FIS

EP Wealth Advisors LLC decreased its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 12.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,831 shares of the information technology services provider’s stock after selling 385 shares during the quarter. EP Wealth Advisors LLC’s holdings in Fidelity National Information Services were worth $211,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Dodge & Cox raised its holdings in shares of Fidelity National Information Services by 1.4% in the first quarter. Dodge & Cox now owns 34,808,298 shares of the information technology services provider’s stock valued at $2,599,484,000 after buying an additional 480,771 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Fidelity National Information Services by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 10,712,794 shares of the information technology services provider’s stock valued at $800,032,000 after acquiring an additional 419,199 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Fidelity National Information Services by 0.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,126,213 shares of the information technology services provider’s stock worth $755,928,000 after acquiring an additional 31,626 shares during the period. Invesco Ltd. grew its stake in shares of Fidelity National Information Services by 22.9% in the 1st quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock valued at $694,824,000 after purchasing an additional 1,730,878 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Fidelity National Information Services by 17.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 6,666,499 shares of the information technology services provider’s stock valued at $497,854,000 after purchasing an additional 986,646 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $68.71 on Wednesday. The business has a 50 day moving average price of $75.04 and a 200 day moving average price of $75.67. The company has a market capitalization of $35.89 billion, a P/E ratio of 381.74 and a beta of 1.05. Fidelity National Information Services, Inc. has a 1-year low of $66.51 and a 1-year high of $91.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly 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 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 last year, the business posted $1.36 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a $0.40 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.3%. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. 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 research report on Thursday, July 17th. Keefe, Bruyette & Woods dropped their price target on shares of Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 6th. Robert W. Baird raised 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 report on Wednesday, July 16th. Finally, UBS Group dropped their target price on Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $91.63.

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.