Patriot Financial Group Insurance Agency LLC Has $1.48 Million Stake in Fidelity National Information Services, Inc. $FIS

Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 180.6% during the first quarter, HoldingsChannel.com reports. The firm owned 31,484 shares of the information technology services provider’s stock after acquiring an additional 20,262 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Fidelity National Information Services were worth $1,477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC bought a new position in Fidelity National Information Services during the 4th quarter worth $347,000. Geneos Wealth Management Inc. increased its position in shares of Fidelity National Information Services by 70.1% in the first 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 acquired a new position in Fidelity National Information Services in the second quarter valued at about $302,000. Marshall Wace LLP bought a new stake in Fidelity National Information Services during the second quarter worth about $4,896,000. Finally, Cresset Asset Management LLC increased its holdings in Fidelity National Information Services by 20.5% in the 2nd 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. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $38.70 on Tuesday. The company’s 50 day moving average price is $42.44 and its two-hundred day moving average price is $50.73. The firm has a market capitalization of $20.01 billion, a P/E ratio of 7.50, a P/E/G ratio of 0.38 and a beta of 0.79. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $82.74. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The company had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.Fidelity National Information Services’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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. On average, equities analysts forecast that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Thursday, June 11th. Fidelity National Information Services’s payout ratio is 34.11%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Truist Financial reduced their price target on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday, May 28th. TD Cowen lowered their price objective on shares of Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. BNP Paribas Exane cut their target price on 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. Deutsche Bank Aktiengesellschaft decreased their price target on Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Finally, Citigroup lowered their price target on Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

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.