15,375 Shares in Fidelity National Information Services, Inc. $FIS Bought by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,375 shares of the information technology services provider’s stock, valued at approximately $598,000.

A number of other institutional investors also recently bought and sold shares of FIS. Salomon & Ludwin LLC boosted its position in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 194 shares in the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of Fidelity National Information Services in the 1st quarter valued at about $33,000. Reflection Asset Management acquired a new stake in shares of Fidelity National Information Services during the 4th quarter worth about $34,000. Kemnay Advisory Services Inc. purchased a new stake in Fidelity National Information Services during the fourth quarter worth approximately $42,000. Finally, DV Equities LLC acquired a new position in Fidelity National Information Services in the fourth quarter valued at approximately $48,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FIS has been the topic of several recent analyst reports. BNP Paribas Exane dropped their price target on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Stephens restated an “equal weight” rating and issued a $50.00 target price on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Wall Street Zen downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. UBS Group reissued a “neutral” rating and issued a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research report on Wednesday, August 5th. Finally, National Bank Financial set a $50.00 price objective on shares of Fidelity National Information Services in a research note on Monday, August 10th. Eleven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $55.39.

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $40.65 on Thursday. The stock has a fifty day moving average price of $41.33 and a 200 day moving average price of $44.92. Fidelity National Information Services, Inc. has a 1-year low of $37.42 and a 1-year high of $71.90. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market cap of $21.01 billion, a PE ratio of 6.24, 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. Fidelity National Information Services’s revenue was up 29.1% compared to the same quarter last year. During the same period in the previous year, the company 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. Sell-side analysts forecast 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. Stockholders of record on Friday, September 11th will be paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s payout ratio is 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.