26,179 Shares in Fidelity National Information Services, Inc. $FIS Acquired by State of Wyoming

State of Wyoming purchased a new position in Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, HoldingsChannel.com reports. The firm purchased 26,179 shares of the information technology services provider’s stock, valued at approximately $1,018,000.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth $347,000. Geneos Wealth Management Inc. grew its holdings in Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Fidelity National Information Services during the 2nd quarter valued at $302,000. Marshall Wace LLP purchased a new stake in Fidelity National Information Services during the 2nd quarter worth $4,896,000. Finally, Cresset Asset Management LLC lifted its holdings in Fidelity National Information Services by 20.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after buying an additional 901 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 2.8%

Shares of Fidelity National Information Services stock opened at $42.91 on Friday. The business has a 50-day moving average price of $41.24 and a 200 day moving average price of $45.35. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $71.99. The firm has a market cap of $22.18 billion, a P/E ratio of 6.59, 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.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.Fidelity National Information Services’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, sell-side analysts forecast that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.1%. Fidelity National Information Services’s dividend payout ratio (DPR) is 27.04%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Wall Street Zen downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Stephens reiterated an “equal weight” rating and set a $50.00 target price on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. National Bank Financial set a $50.00 price target on shares of Fidelity National Information Services in a research report on Monday, August 10th. Truist Financial dropped their price target on shares of Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Finally, Oppenheimer reduced their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $55.39.

Fidelity National Information Services Company 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.