Fidelis Insurance Holdings Surpasses 200-Day Moving Average

Fidelis Insurance Holdings Ltd (FIHL) shares have crossed above their 200-day moving average of $16.84, reaching a high of $16.86 per share, a 2.2% increase on the day. The company's low point in its 52-week range is $14.17, with a high point of $21.32, compared to the current trade price of $16.83.

Fidelis Insurance Holdings Ltd (FIHL) shares have experienced a notable rise, crossing above their 200-day moving average of $16.84 and reaching a high of $16.86 per share, marking a 2.2% increase for the day. This movement has placed the stock at a level not seen since its 52-week high of $21.32. The stock's current trading price stands at $16.83, with its 52-week low being $14.17 [1].

The latest earnings report for the company, released on Wednesday, May 14, 2025, indicated that FIHL reported earnings per share (EPS) of ($0.41), surpassing the consensus estimate of ($0.43) by $0.02. Revenue for the quarter was $658.40 million, which exceeded analyst expectations of $578.57 million. The company also declared a quarterly dividend of $0.10 per share, paid on Friday, June 27, 2025 [2].

Analysts have provided varied opinions on the stock. JMP Securities boosted their price objective for FIHL from $24.00 to $27.00, rating the stock as "market outperform." Citigroup reaffirmed an "outperform" rating on the stock, while Keefe, Bruyette & Woods increased their price target from $20.00 to $21.00 and also gave the stock an "outperform" rating. Barclays raised their target price from $16.00 to $17.00, assigning an "equal weight" rating [2].

Institutional investors have shown significant interest in FIHL. Royal Bank of Canada increased its position by 62.1% in the first quarter, owning 15,988 shares valued at $258,000. AQR Capital Management LLC, Millennium Management LLC, Jane Street Group LLC, and Goldman Sachs Group Inc. also increased their stakes in the company [1].

Overall, the positive earnings report and the increased interest from institutional investors have contributed to the recent surge in FIHL shares. The stock's ability to cross above its 200-day moving average suggests a potential shift in investor sentiment towards the company.

References:
[1] https://www.marketbeat.com/instant-alerts/fidelis-insurance-fihl-projected-to-post-quarterly-earnings-on-wednesday-2025-08-06/
[2] https://www.marketbeat.com/instant-alerts/filing-lsv-asset-management-purchases-1181439-shares-of-fidelis-insurance-holdings-limited-nysefihl-2025-08-04/