Hara Capital LLC Acquires Shares of 16,356 Fidelity National Information Services, Inc. $FIS

Hara Capital LLC bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, Holdings Channel reports. The fund bought 16,356 shares of the information technology services provider’s stock, valued at approximately $636,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FIS. BlackRock Inc. acquired a new stake in Fidelity National Information Services during the 2nd quarter worth approximately $1,730,200,000. Norges Bank acquired a new position in shares of Fidelity National Information Services in the fourth quarter valued at approximately $495,956,000. OP Asset Management Ltd purchased a new stake in shares of Fidelity National Information Services during the first quarter worth approximately $2,509,000. South Dakota Investment Council raised its stake in shares of Fidelity National Information Services by 46.2% during the first quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock worth $10,696,000 after purchasing an additional 72,040 shares during the last quarter. Finally, Brighton Jones LLC acquired a new stake in shares of Fidelity National Information Services during the fourth quarter worth $347,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 0.2%

NYSE:FIS opened at $40.58 on Friday. 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 quick ratio of 0.53 and a current ratio of 0.53. The stock has a fifty day moving average price of $41.37 and a two-hundred day moving average price of $44.82. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 6.23, a PEG ratio of 0.42 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the firm earned $1.36 EPS. The business’s revenue was up 29.1% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business 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 dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. Fidelity National Information Services’s payout ratio is currently 27.04%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on FIS shares. Cantor Fitzgerald lowered their price objective on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. BNP Paribas Exane reduced their target price on shares of 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. Wells Fargo & Company lowered their target price on shares of Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Finally, Royal Bank Of Canada reduced their price objective on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a research report on Wednesday, August 5th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Hold” and a consensus price target of $55.39.

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.