Compass Wealth Management LLC Purchases New 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 its most recent 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.

Several other institutional investors and hedge funds also recently made changes to their positions in FIS. Danske Bank A S bought a new stake in Fidelity National Information Services during the second quarter worth about $11,697,000. Wealthfront Advisers LLC bought a new position in shares of Fidelity National Information Services in the second quarter valued at approximately $849,000. Main Street Financial Solutions LLC bought a new position in shares of Fidelity National Information Services in the second quarter valued at approximately $2,392,000. Meeder Advisory Services Inc. acquired a new position in shares of Fidelity National Information Services in the 2nd quarter worth approximately $315,000. Finally, Citizens Financial Group Inc. RI bought a new stake in Fidelity National Information Services during the 2nd quarter worth approximately $201,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 0.5%

Shares of NYSE FIS opened at $40.98 on Wednesday. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $71.90. The stock has a market cap of $21.18 billion, a price-to-earnings ratio of 6.29, a P/E/G ratio of 0.44 and a beta of 0.77. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The company’s fifty day moving average is $41.29 and its 200-day moving average is $45.02.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 EPS. 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 research analysts predict that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.3%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Truist Financial reduced their price objective on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. UBS Group restated a “neutral” rating and issued a $49.00 target price (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 5th. Royal Bank Of Canada reduced their price target on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Keefe, Bruyette & Woods lowered their price objective on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a research report on Wednesday, August 5th. Finally, Oppenheimer reduced their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Eleven equities research 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $55.39.

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.