Callan Family Office LLC Buys 55,123 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• Callan Family Office LLC increased its stake in Fidelity National Information Services, Inc. by 230.2%, owning a total of 79,067 shares worth approximately $6.4 million after buying an additional 55,123 shares in Q2.
• Fidelity National Information Services reported earnings of $1.36 per share for Q2, matching analysts' expectations, with a revenue of $2.62 billion, marking a year-over-year increase of 5.1%.
• The company recently declared a quarterly dividend of $0.40 per share, translating to an annualized dividend yield of 2.3%, though its payout ratio is notably high at 888.89%.

Callan Family Office LLC raised its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 230.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,067 shares of the information technology services provider's stock after purchasing an additional 55,123 shares during the quarter. Callan Family Office LLC's holdings in Fidelity National Information Services were worth $6,437,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Sierra Ocean LLC grew its position in shares of Fidelity National Information Services by 356.0% in the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider's stock worth $26,000 after buying an additional 267 shares during the last quarter. YANKCOM Partnership lifted its stake in shares of Fidelity National Information Services by 118.8% in the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider's stock valued at $26,000 after purchasing an additional 190 shares during the period. Meeder Asset Management Inc. grew its holdings in shares of Fidelity National Information Services by 92.1% during the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider's stock worth $26,000 after buying an additional 164 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in shares of Fidelity National Information Services by 179.9% during the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider's stock worth $29,000 after buying an additional 250 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of Fidelity National Information Services by 100.5% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider's stock valued at $33,000 after acquiring an additional 223 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $68.56 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a fifty day moving average price of $68.71 and a 200 day moving average price of $74.90. Fidelity National Information Services, Inc. has a 1-year low of $63.00 and a 1-year high of $91.98. The company has a market cap of $35.81 billion, a PE ratio of 380.91 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, hitting the consensus estimate of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The firm had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same period last year, the company earned $1.36 earnings per share. The company'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 forecast 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 was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was 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 (DPR) is currently 888.89%.

Wall Street Analyst Weigh In

A number of research firms have commented on FIS. 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 research report on Thursday, July 17th. Robert W. Baird upped their target price 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. Weiss Ratings restated a "sell (d)" rating on shares of Fidelity National Information Services in a research note on Wednesday. Keefe, Bruyette & Woods dropped their price target on shares of Fidelity National Information Services from $88.00 to $85.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 1st. Finally, UBS Group upgraded shares of Fidelity National Information Services from a "neutral" rating to a "buy" rating and set a $82.00 price target on the stock in a research note on Tuesday, September 30th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $91.00.

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.

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