B. Riley Downgrades Fidus Investment (NASDAQ:FDUS) to Neutral

Key Points

• Fidus Investment's stock was downgraded from a "buy" to a "neutral" rating by B. Riley, with a new price target of $22.50.
• The company's stock showed a slight increase of 0.8%, opening at $21.45, and has a market capitalization of $758.90 million.
• Despite the downgrade, Fidus Investment has received varying ratings, including a recent upgrade to "strong-buy" from LADENBURG THALM/SH SH.

Fidus Investment (NASDAQ:FDUS - Get Free Report) was downgraded by analysts at B. Riley from a "buy" rating to a "neutral" rating in a report released on Wednesday, MarketBeat Ratings reports. They presently have a $22.50 price target on the asset manager's stock, up from their previous price target of $22.00. B. Riley's price target points to a potential upside of 6.23% from the company's previous close. B. Riley also issued estimates for Fidus Investment's Q3 2025 earnings at $0.51 EPS, Q4 2025 earnings at $0.47 EPS, FY2025 earnings at $2.09 EPS, Q2 2026 earnings at $0.50 EPS and Q4 2026 earnings at $0.50 EPS.

Several other equities analysts have also commented on FDUS. Keefe, Bruyette & Woods increased their price objective on Fidus Investment from $20.00 to $21.50 and gave the company a "market perform" rating in a research report on Monday, August 11th. LADENBURG THALM/SH SH upgraded Fidus Investment from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 9th.

Fidus Investment Stock Down 0.7%

Shares of Fidus Investment stock traded down $0.16 during trading on Wednesday, hitting $21.18. 170,526 shares of the stock traded hands, compared to its average volume of 157,707. The stock has a market cap of $749.35 million, a price-to-earnings ratio of 9.17 and a beta of 0.95. The firm's fifty day moving average is $20.75 and its 200-day moving average is $20.65. Fidus Investment has a 52 week low of $16.70 and a 52 week high of $23.55.

Fidus Investment (NASDAQ:FDUS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The asset manager reported $0.57 EPS for the quarter, beating the consensus estimate of $0.53 by $0.04. The firm had revenue of $39.97 million for the quarter, compared to analyst estimates of $37.42 million. Fidus Investment had a return on equity of 11.52% and a net margin of 51.88%. On average, analysts forecast that Fidus Investment will post 2.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fidus Investment

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP bought a new position in Fidus Investment during the 1st quarter worth approximately $28,000. ORG Partners LLC bought a new position in Fidus Investment during the 1st quarter worth approximately $29,000. Transce3nd LLC purchased a new stake in Fidus Investment in the 4th quarter worth approximately $32,000. AdvisorNet Financial Inc lifted its holdings in Fidus Investment by 137.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,728 shares of the asset manager's stock worth $35,000 after buying an additional 1,000 shares during the period. Finally, First Horizon Advisors Inc. lifted its holdings in Fidus Investment by 154.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,658 shares of the asset manager's stock worth $54,000 after buying an additional 1,615 shares during the period. 28.14% of the stock is currently owned by institutional investors.

About Fidus Investment

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.