Osmosis Investment Management UK Ltd purchased a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,309 shares of the information technology services provider’s stock, valued at approximately $556,000.
Several other large investors have also made changes to their positions in the business. BlackRock Inc. purchased a new stake in Fidelity National Information Services in the 2nd quarter worth $1,730,200,000. Norges Bank purchased a new position in shares of Fidelity National Information Services during the fourth quarter valued at about $495,956,000. Dodge & Cox increased its holdings in shares of Fidelity National Information Services by 13.9% in the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after purchasing an additional 6,008,090 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Fidelity National Information Services in the second quarter worth about $219,162,000. Finally, Deutsche Bank AG purchased a new stake in shares of Fidelity National Information Services in the second quarter worth about $111,205,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. Wall Street Zen cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price objective (down from $58.00) on shares of Fidelity National Information Services in a report on Tuesday. Oppenheimer lowered their target price on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. BNP Paribas Exane reduced 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 report on Thursday, May 14th. Finally, Barclays decreased their price target on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $54.17.
Fidelity National Information Services Price Performance
NYSE:FIS opened at $40.40 on Wednesday. The firm has a market capitalization of $20.88 billion, a price-to-earnings ratio of 6.21, a PEG ratio of 0.42 and a beta of 0.77. Fidelity National Information Services, Inc. has a 1 year low of $37.42 and a 1 year high of $71.57. The business has a 50 day simple moving average of $41.48 and a 200-day simple moving average of $44.57. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The company’s quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter in the previous year, the business 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. Equities 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 disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s payout ratio is presently 27.04%.
Fidelity National Information Services 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.
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