Fidelity National Information Services Sees Unusually High Options Volume (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS) was the recipient of unusually large options trading activity on Tuesday. Stock traders purchased 4,004 call options on the stock. This represents an increase of approximately 105% compared to the typical volume of 1,949 call options.

Institutional Trading of Fidelity National Information Services

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Tema ETFs LLC lifted its holdings in shares of Fidelity National Information Services by 15.6% in the second quarter. Tema ETFs LLC now owns 11,207 shares of the information technology services provider’s stock worth $436,000 after buying an additional 1,509 shares in the last quarter. Handelsbanken Fonder AB grew its position in shares of Fidelity National Information Services by 10.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 218,905 shares of the information technology services provider’s stock valued at $8,511,000 after purchasing an additional 19,841 shares in the last quarter. Czech National Bank raised its position in shares of Fidelity National Information Services by 4.3% in the second quarter. Czech National Bank now owns 147,124 shares of the information technology services provider’s stock worth $5,720,000 after buying an additional 6,090 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in Fidelity National Information Services by 33.3% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 187,202 shares of the information technology services provider’s stock valued at $7,278,000 after buying an additional 46,782 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in Fidelity National Information Services by 2,590.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 293,560 shares of the information technology services provider’s stock worth $11,414,000 after acquiring an additional 282,649 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Stock Performance

FIS stock traded down $2.35 during midday trading on Tuesday, hitting $42.43. The company’s stock had a trading volume of 4,143,432 shares, compared to its average volume of 5,988,405. The stock has a market cap of $21.93 billion, a price-to-earnings ratio of 8.20, a PEG ratio of 0.44 and a beta of 0.77. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The stock’s 50-day moving average price is $41.08 and its 200 day moving average price is $46.44. Fidelity National Information Services has a 1 year low of $37.42 and a 1 year high of $76.49.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The company’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same period 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. On average, equities analysts forecast that Fidelity National Information Services will post 6.27 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $0.44 dividend. The ex-dividend date of this dividend 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 34.11%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on FIS shares. Weiss Ratings raised Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Oppenheimer lowered their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Barclays began coverage on shares of Fidelity National Information Services in a report on Wednesday, July 8th. They issued an “equal weight” rating and a $44.00 price target for the company. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Finally, Keefe, Bruyette & Woods cut their price target on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Thirteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.68.

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.