First Trust Advisors LP Buys 13,323 Shares of Fidelity National Information Services, Inc. $FIS

First Trust Advisors LP boosted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 29.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 58,448 shares of the information technology services provider’s stock after buying an additional 13,323 shares during the period. First Trust Advisors LP’s holdings in Fidelity National Information Services were worth $2,742,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Fidelity National Information Services during the fourth quarter worth approximately $495,956,000. Dodge & Cox increased its stake in shares of Fidelity National Information Services by 13.9% during 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 period. Balyasny Asset Management L.P. increased its stake in shares of Fidelity National Information Services by 585.9% during the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock worth $155,969,000 after purchasing an additional 2,852,118 shares during the period. Pinebridge Investments LLC acquired a new stake in Fidelity National Information Services during the 4th quarter worth approximately $114,799,000. Finally, TOMS Capital Investment Management LP acquired a new stake in Fidelity National Information Services during the 4th quarter worth approximately $110,589,000. 96.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FIS. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. BNP Paribas Exane dropped their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. UBS Group reissued a “neutral” rating and issued a $49.00 target price (down from $63.00) on shares of Fidelity National Information Services in a research report on Wednesday. Royal Bank Of Canada decreased their price target on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Cantor Fitzgerald lowered their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Hold” and a consensus target price of $56.55.

Fidelity National Information Services Trading Down 0.1%

Shares of NYSE:FIS opened at $42.78 on Friday. The business’s 50 day simple moving average is $41.14 and its 200 day simple moving average is $45.98. Fidelity National Information Services, Inc. has a 1 year low of $37.42 and a 1 year high of $72.91. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.59. The company has a market capitalization of $22.11 billion, a P/E ratio of 6.57, 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 for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm 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, research analysts anticipate that Fidelity National Information Services, Inc. will post 6.2 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s payout ratio is 27.04%.

About Fidelity National Information Services

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.