Revisor Wealth Management LLC Acquires Shares of 4,191 Fidelity National Information Services, Inc. $FIS

Key Points

• Revisor Wealth Management LLC purchased a stake of 4,191 shares in Fidelity National Information Services, Inc. valued at approximately $336,000 during the second quarter.
• Various institutional investors have increased their holdings in Fidelity, with a total of 96.23% of the company's stock now owned by such entities.
• Fidelity National Information Services recently announced a quarterly dividend of $0.40 per share, representing a yield of 2.5%, and has a high dividend payout ratio of 888.89%.

Revisor Wealth Management LLC bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,191 shares of the information technology services provider's stock, valued at approximately $336,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cullen Investment Group LTD. raised its stake in shares of Fidelity National Information Services by 10.4% in the second quarter. Cullen Investment Group LTD. now owns 58,464 shares of the information technology services provider's stock valued at $4,760,000 after acquiring an additional 5,521 shares during the period. Oppenheimer & Co. Inc. purchased a new stake in shares of Fidelity National Information Services in the first quarter valued at $276,000. Brown Advisory Inc. raised its stake in shares of Fidelity National Information Services by 16.7% in the first quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider's stock valued at $24,594,000 after acquiring an additional 47,086 shares during the period. Compass Wealth Management LLC raised its stake in shares of Fidelity National Information Services by 13.5% in the first quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider's stock valued at $5,810,000 after acquiring an additional 9,251 shares during the period. Finally, Brighton Jones LLC purchased a new stake in shares of Fidelity National Information Services in the fourth quarter valued at $347,000. Hedge funds and other institutional investors own 96.23% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Truist Financial increased 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 note on Thursday, July 17th. Susquehanna reduced their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating on the stock in a research note on Friday, September 12th. Keefe, Bruyette & Woods reduced 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. UBS Group reduced 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. Finally, Robert W. Baird raised 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. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $91.17.

Fidelity National Information Services Trading Down 2.2%

NYSE FIS opened at $63.24 on Wednesday. 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 $33.04 billion, a price-to-earnings ratio of 351.36 and a beta of 1.05. The company's 50-day simple moving average is $72.20 and its two-hundred day simple moving average is $75.39. Fidelity National Information Services, Inc. has a one year low of $63.19 and a one year high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting analysts' consensus estimates of $1.36. The business 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%. The company's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.36 EPS. 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. Equities analysts forecast 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 announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be given 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 2.5%. Fidelity National Information Services's dividend payout ratio (DPR) is 888.89%.

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.

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