Moran Wealth Management LLC Purchases 24,074 Shares of Fidelity National Information Services, Inc. $FIS

Moran Wealth Management LLC lifted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 29.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,683 shares of the information technology services provider’s stock after buying an additional 24,074 shares during the quarter. Moran Wealth Management LLC’s holdings in Fidelity National Information Services were worth $4,958,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

FIS has been the subject of a number of recent research reports. BNP Paribas Exane reduced their price objective 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. The Goldman Sachs Group cut their price target on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Cantor Fitzgerald reduced their price target on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Royal Bank Of Canada decreased their price objective on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Finally, UBS Group dropped their price objective on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Price Performance

NYSE FIS opened at $41.72 on Friday. The firm’s fifty day simple moving average is $41.86 and its two-hundred day simple moving average is $50.11. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a 12-month low of $37.42 and a 12-month high of $82.62. The firm has a market capitalization of $21.56 billion, a P/E ratio of 8.09, a P/E/G ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.21 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. Fidelity National Information Services’s dividend payout ratio (DPR) is 34.11%.

About Fidelity National Information Services

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.