Compass Wealth Management LLC Takes $816,000 Position in Fidelity National Information Services, Inc. $FIS

Compass Wealth Management LLC acquired a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,986 shares of the information technology services provider’s stock, valued at approximately $816,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC boosted its stake in Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares during the period. Reflection Asset Management acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth about $34,000. Kemnay Advisory Services Inc. bought a new position in shares of Fidelity National Information Services during the fourth quarter worth about $42,000. MBM Wealth Consultants LLC acquired a new stake in Fidelity National Information Services in the 1st quarter valued at approximately $33,000. Finally, DV Equities LLC acquired a new stake in Fidelity National Information Services in the 4th quarter valued at approximately $48,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FIS has been the subject of a number of recent research reports. BNP Paribas Exane reduced their price target on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Weiss Ratings downgraded shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. National Bank Financial set a $50.00 price objective on shares of Fidelity National Information Services in a research report on Monday, August 10th. Royal Bank Of Canada reduced their target price on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Finally, Wells Fargo & Company decreased their target price on shares of Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Fidelity National Information Services currently has a consensus rating of “Hold” and an average price target of $55.39.

Fidelity National Information Services Trading Down 0.5%

FIS stock opened at $40.98 on Wednesday. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $71.90. The stock has a market cap of $21.18 billion, a price-to-earnings ratio of 6.29, a price-to-earnings-growth ratio of 0.44 and a beta of 0.77. The company has a fifty day moving average price of $41.29 and a two-hundred day moving average price of $45.02. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company’s revenue was up 29.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio is currently 27.04%.

Fidelity National Information Services Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.