Wealthfront Advisers LLC Takes $849,000 Position in Fidelity National Information Services, Inc. $FIS

Wealthfront Advisers LLC purchased a new position 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 21,840 shares of the information technology services provider’s stock, valued at approximately $849,000.

A number of other institutional investors also recently added to or reduced their stakes in FIS. BlackRock Inc. bought a new stake in Fidelity National Information Services in the second quarter valued at $1,730,200,000. Norges Bank bought a new position in shares of Fidelity National Information Services during the fourth quarter valued at $495,956,000. OP Asset Management Ltd bought a new position in shares of Fidelity National Information Services during the first quarter valued at $2,509,000. South Dakota Investment Council boosted its stake in shares of Fidelity National Information Services by 46.2% in the 1st quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock valued at $10,696,000 after purchasing an additional 72,040 shares in the last quarter. Finally, Brighton Jones LLC acquired a new stake in shares of Fidelity National Information Services in the 4th quarter valued at $347,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FIS has been the subject of a number of recent analyst reports. Oppenheimer dropped their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 5th. 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. Barclays cut their target price on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 5th. Finally, Morgan Stanley assumed coverage on Fidelity National Information Services in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price on the stock. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $55.39.

Fidelity National Information Services Stock Up 1.9%

NYSE:FIS opened at $41.36 on Friday. The stock’s fifty day moving average price is $41.42 and its two-hundred day moving average price is $44.79. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $71.90. 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 company has a market cap of $21.38 billion, a price-to-earnings ratio of 6.35, a P/E/G ratio of 0.42 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The business’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same period last year, the company 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, analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company 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 $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.3%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

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.