Northwestern Mutual Wealth Management Co. Buys Shares of 15,103 Fidelity National Information Services, Inc. $FIS

Northwestern Mutual Wealth Management Co. bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,103 shares of the information technology services provider’s stock, valued at approximately $587,000.

A number of other large investors have also recently bought and sold shares of the business. Dodge & Cox raised its holdings in Fidelity National Information Services by 13.9% during the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock valued at $3,264,070,000 after buying an additional 6,008,090 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Fidelity National Information Services during the 2nd quarter valued at about $1,730,200,000. Capital Research Global Investors raised its stake in shares of Fidelity National Information Services by 0.6% in the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after acquiring an additional 172,356 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Fidelity National Information Services by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after purchasing an additional 514,490 shares during the last quarter. Finally, Invesco Ltd. boosted its position in Fidelity National Information Services by 5.6% during the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after purchasing an additional 448,712 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Stock Up 0.5%

NYSE FIS opened at $40.68 on Thursday. Fidelity National Information Services, Inc. has a 1-year low of $37.42 and a 1-year high of $70.78. The company has a market capitalization of $21.03 billion, a price-to-earnings ratio of 6.25, a PEG ratio of 0.42 and a beta of 0.77. The stock’s 50 day moving average is $41.52 and its two-hundred day moving average is $44.50. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.01. The firm had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s quarterly revenue was up 29.1% on a year-over-year basis. During the same period last year, the firm 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. Equities 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. Shareholders of record on Friday, September 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Wall Street Analyst Weigh In

FIS has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Wall Street Zen cut shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Oppenheimer dropped their price objective on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Cantor Fitzgerald cut their price objective on Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Finally, UBS Group restated a “neutral” rating and set a $49.00 target price (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 5th. Ten investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $53.96.

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.