NewEdge Advisors LLC Raises Stock Holdings in Fidelity National Information Services, Inc. $FIS

NewEdge Advisors LLC boosted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 20.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 134,329 shares of the information technology services provider’s stock after acquiring an additional 22,819 shares during the quarter. NewEdge Advisors LLC’s holdings in Fidelity National Information Services were worth $6,301,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Fidelity National Information Services during the fourth quarter worth about $495,956,000. Dodge & Cox boosted its holdings in 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 valued at $3,264,070,000 after purchasing an additional 6,008,090 shares during the period. Balyasny Asset Management L.P. increased its position in Fidelity National Information Services by 585.9% in the 3rd quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after acquiring an additional 2,852,118 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Fidelity National Information Services by 228.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,015,663 shares of the information technology services provider’s stock worth $141,465,000 after acquiring an additional 2,098,139 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in shares of Fidelity National Information Services in the first quarter valued at approximately $82,962,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 0.6%

FIS opened at $42.50 on Tuesday. The stock’s fifty day moving average is $41.12 and its 200-day moving average is $45.74. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $72.91. The company has a market capitalization of $21.97 billion, a PE ratio of 6.53, 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 results 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 business had revenue of $3.38 billion during 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 firm’s revenue was up 29.1% on a year-over-year basis. During the same period in the previous 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, equities analysts predict that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

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. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.1%. Fidelity National Information Services’s payout ratio is currently 27.04%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FIS shares. Oppenheimer lowered their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Royal Bank Of Canada decreased their target price on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. National Bank Financial set a $50.00 price target on Fidelity National Information Services in a report on Monday. Keefe, Bruyette & Woods dropped their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Finally, Wall Street Zen cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Twelve 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $56.04.

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.