14,469 Shares in Fidelity National Information Services, Inc. $FIS Bought by ICONIQ Capital LLC

ICONIQ Capital LLC purchased a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,469 shares of the information technology services provider’s stock, valued at approximately $563,000.

A number of other hedge funds also recently made changes to their positions in FIS. Quantitative Investment Management LLC boosted its holdings in Fidelity National Information Services by 616.5% in the second quarter. Quantitative Investment Management LLC now owns 69,364 shares of the information technology services provider’s stock valued at $2,696,000 after acquiring an additional 59,683 shares during the last quarter. Meiji Yasuda Life Insurance Co raised its holdings in Fidelity National Information Services by 14.8% during the 2nd quarter. Meiji Yasuda Life Insurance Co now owns 11,792 shares of the information technology services provider’s stock worth $458,000 after purchasing an additional 1,520 shares during the last quarter. New Mexico Educational Retirement Board lifted its position in shares of Fidelity National Information Services by 7.5% in the 2nd quarter. New Mexico Educational Retirement Board now owns 25,814 shares of the information technology services provider’s stock worth $1,004,000 after purchasing an additional 1,800 shares during the period. Mufg Securities Americas Inc. boosted its stake in shares of Fidelity National Information Services by 8.6% in the 2nd quarter. Mufg Securities Americas Inc. now owns 15,568 shares of the information technology services provider’s stock valued at $605,000 after purchasing an additional 1,239 shares during the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV raised its stake in Fidelity National Information Services by 5.3% during the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 69,870 shares of the information technology services provider’s stock worth $2,717,000 after buying an additional 3,488 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $41.45 on Monday. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $70.38. The stock has a market cap of $21.42 billion, a price-to-earnings ratio of 6.37, a PEG ratio of 0.43 and a beta of 0.77. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The firm’s 50-day simple moving average is $41.64 and its 200 day simple moving average is $44.35.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (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 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%.The company’s quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter in the previous year, the business 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. As a group, research analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors 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 annualized dividend and a yield of 4.2%. Fidelity National Information Services’s dividend payout ratio is 27.04%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on FIS shares. Citigroup lowered their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. Morgan Stanley assumed coverage on Fidelity National Information Services in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 target price for the company. Oppenheimer lowered their target price on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Keefe, Bruyette & Woods dropped their price target on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Finally, Stephens restated an “equal weight” rating and set a $50.00 price target on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $53.96.

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.