Ballentine Partners LLC Purchases New Position in Fidelity National Information Services, Inc. $FIS

Ballentine Partners LLC bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,826 shares of the information technology services provider’s stock, valued at approximately $311,000.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in Fidelity National Information Services in the 4th quarter worth about $347,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Fidelity National Information Services by 10.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,864 shares of the information technology services provider’s stock valued at $8,954,000 after acquiring an additional 10,418 shares during the period. Wellington Management Group LLP grew its stake in Fidelity National Information Services by 24.0% during the fourth quarter. Wellington Management Group LLP now owns 21,587 shares of the information technology services provider’s stock valued at $1,744,000 after acquiring an additional 4,180 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Fidelity National Information Services by 8.2% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,013 shares of the information technology services provider’s stock worth $150,000 after acquiring an additional 153 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Fidelity National Information Services by 6,171.5% in the 1st quarter. GAMMA Investing LLC now owns 829,844 shares of the information technology services provider’s stock worth $61,973,000 after purchasing an additional 816,612 shares in the last quarter. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Price Performance

FIS stock opened at $64.21 on Monday. The firm has a market cap of $33.54 billion, a P/E ratio of 356.74 and a beta of 1.05. The firm’s fifty day moving average is $71.23 and its 200 day moving average is $75.32. Fidelity National Information Services, Inc. has a 52 week low of $63.00 and a 52 week high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59.

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 (EPS) for the quarter, meeting the consensus estimate of $1.36. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The company’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business 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. Research analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The business 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 annualized dividend and a yield of 2.5%. Fidelity National Information Services’s payout ratio is presently 888.89%.

Wall Street Analyst Weigh In

FIS has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods lowered their price objective on Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 6th. Truist Financial raised 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. Robert W. Baird boosted their price objective 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. UBS Group lowered their target price 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. Finally, Susquehanna cut their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.17.

Fidelity National Information Services Company 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.