Fidus Investment (NASDAQ:FDUS) Earns Buy Rating from Analysts at B. Riley

B. Riley began coverage on shares of Fidus Investment (NASDAQ:FDUS) in a report published on Tuesday, Marketbeat.com reports. The brokerage issued a buy rating and a $22.00 target price on the asset manager’s stock. B. Riley also issued estimates for Fidus Investment’s Q2 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.52 EPS, Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $2.08 EPS, Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $2.01 EPS.

FDUS has been the topic of a number of other reports. Keefe, Bruyette & Woods dropped their price target on shares of Fidus Investment from $21.00 to $20.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 8th. LADENBURG THALM/SH SH lowered Fidus Investment from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 7th.

Fidus Investment Price Performance

NASDAQ:FDUS opened at $20.07 on Tuesday. The stock has a market cap of $697.07 million, a PE ratio of 7.17 and a beta of 0.92. Fidus Investment has a fifty-two week low of $16.70 and a fifty-two week high of $23.55. The stock’s 50-day moving average is $19.50 and its two-hundred day moving average is $20.77.

Fidus Investment (NASDAQ:FDUS) last announced its quarterly earnings data on Thursday, May 8th. The asset manager reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. Fidus Investment had a net margin of 60.09% and a return on equity of 12.11%. The firm had revenue of $36.50 million for the quarter, compared to the consensus estimate of $35.61 million. On average, equities research analysts anticipate that Fidus Investment will post 2.28 earnings per share for the current year.

Fidus Investment Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, June 13th will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 10.76%. The ex-dividend date is Friday, June 13th. Fidus Investment’s dividend payout ratio (DPR) is presently 73.50%.

Institutional Trading of Fidus Investment

Institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. lifted its stake in Fidus Investment by 37.0% in the third quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager’s stock valued at $2,269,000 after acquiring an additional 31,426 shares during the last quarter. HighTower Advisors LLC lifted its stake in Fidus Investment by 164.5% in the fourth quarter. HighTower Advisors LLC now owns 87,985 shares of the asset manager’s stock valued at $1,849,000 after acquiring an additional 54,722 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Fidus Investment by 3,378.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 26,090 shares of the asset manager’s stock valued at $548,000 after acquiring an additional 25,340 shares during the last quarter. Sage Investment Counsel LLC acquired a new stake in Fidus Investment in the fourth quarter valued at approximately $253,000. Finally, Raymond James Financial Inc. acquired a new stake in Fidus Investment in the fourth quarter valued at approximately $20,539,000. 28.14% of the stock is currently owned by institutional investors and hedge funds.

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.