Fidelity National Information Services, Inc. $FIS Shares Purchased by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB increased its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 9.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,206 shares of the information technology services provider’s stock after acquiring an additional 193 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Fidelity National Information Services were worth $180,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FIS. Sierra Ocean LLC raised its stake in Fidelity National Information Services by 356.0% during the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 267 shares in the last quarter. YANKCOM Partnership raised its holdings in shares of Fidelity National Information Services by 118.8% in the first quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 190 shares during the last quarter. Meeder Asset Management Inc. raised its holdings in shares of Fidelity National Information Services by 92.1% in the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 164 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of Fidelity National Information Services by 179.9% in the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 250 shares during the last quarter. Finally, Kennebec Savings Bank raised its holdings in shares of Fidelity National Information Services by 71.3% in the first quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider’s stock valued at $33,000 after buying an additional 186 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $66.26 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market capitalization of $34.61 billion, a price-to-earnings ratio of 368.13 and a beta of 1.05. The company’s 50 day simple moving average is $73.08 and its 200 day simple moving average is $75.48. Fidelity National Information Services, Inc. has a 1 year low of $65.66 and a 1 year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.36. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. Fidelity National Information Services’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $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. On average, sell-side analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 888.89%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Susquehanna reduced 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 report on Friday, September 12th. Truist Financial upped their target price 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. 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 boosted 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 note on Wednesday, July 16th. Finally, UBS Group dropped their price target on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.17.

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.