Sanctuary Advisors LLC purchased a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,138 shares of the information technology services provider’s stock, valued at approximately $627,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIS. Reflection Asset Management purchased a new stake in shares of Fidelity National Information Services in the fourth quarter valued at $34,000. Kemnay Advisory Services Inc. purchased a new position in shares of Fidelity National Information Services during the fourth quarter valued at $42,000. MBM Wealth Consultants LLC acquired a new position in Fidelity National Information Services during the first quarter valued at $33,000. DV Equities LLC purchased a new stake in Fidelity National Information Services in the 4th quarter worth about $48,000. Finally, Hantz Financial Services Inc. boosted its position in Fidelity National Information Services by 254.5% during the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after acquiring an additional 598 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in 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. National Bank Financial set a $50.00 price target on shares of Fidelity National Information Services in a report on Monday, August 10th. TD Cowen lowered their price objective on shares of Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Wednesday. The Goldman Sachs Group cut their target price on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Finally, BNP Paribas Exane decreased their target price on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services presently has an average rating of “Hold” and a consensus target price of $53.96.
Fidelity National Information Services Stock Up 2.2%
Shares of Fidelity National Information Services stock opened at $41.45 on Friday. The firm has a market cap of $21.42 billion, a price-to-earnings ratio of 6.37, a P/E/G ratio of 0.43 and a beta of 0.77. The stock has a 50-day simple moving average of $41.64 and a 200-day simple moving average of $44.39. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $70.38. 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 – Get Free Report) 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 firm 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 for the quarter was up 29.1% on a year-over-year basis. During the same quarter last 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. On average, equities research analysts expect 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 firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.2%. Fidelity National Information Services’s dividend payout ratio (DPR) 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.
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