Value Holdings Management CO. LLC Buys Shares of 196,365 Fidelity National Information Services, Inc. $FIS

Value Holdings Management CO. LLC purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 196,365 shares of the information technology services provider’s stock, valued at approximately $7,635,000. Fidelity National Information Services comprises about 1.3% of Value Holdings Management CO. LLC’s portfolio, making the stock its 20th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FIS. Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services in the fourth quarter worth $347,000. Geneos Wealth Management Inc. boosted its holdings in Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Fidelity National Information Services in the second quarter valued at $302,000. Marshall Wace LLP acquired a new stake in Fidelity National Information Services in the 2nd quarter valued at $4,896,000. Finally, Cresset Asset Management LLC increased its stake in Fidelity National Information Services by 20.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after buying an additional 901 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. UBS Group reissued a “neutral” rating and set a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research report on Wednesday, August 5th. The Goldman Sachs Group lowered their target price on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Barclays reduced their price target on Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 5th. Oppenheimer decreased their price target on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Finally, Royal Bank Of Canada lowered their price target on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Eleven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Fidelity National Information Services currently has a consensus rating of “Hold” and an average price target of $55.39.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $40.58 on Friday. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $71.90. The stock has a market cap of $20.97 billion, a PE ratio of 6.23, a P/E/G ratio of 0.42 and a beta of 0.77. The firm has a 50-day moving average of $41.37 and a 200-day moving average of $44.82. 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 (NYSE:FIS) last posted its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. The firm’s revenue for the quarter 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. On average, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current 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 given 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 dividend payout ratio is currently 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.