Heartland Advisors Inc. Acquires Shares of 140,094 Fidelity National Information Services, Inc. $FIS

Heartland Advisors Inc. bought a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 140,094 shares of the information technology services provider’s stock, valued at approximately $5,447,000.

Several other institutional investors have also modified their holdings of the business. MBM Wealth Consultants LLC acquired a new stake in Fidelity National Information Services during the 1st quarter valued at approximately $33,000. Reflection Asset Management acquired a new position in shares of Fidelity National Information Services in the 4th quarter valued at approximately $34,000. Kemnay Advisory Services Inc. purchased a new position in shares of Fidelity National Information Services during the 4th quarter valued at approximately $42,000. DV Equities LLC acquired a new stake in shares of Fidelity National Information Services during the fourth quarter worth approximately $48,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Fidelity National Information Services by 254.5% in the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after buying an additional 598 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on FIS. Cantor Fitzgerald reduced 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 note on Monday, August 10th. Wells Fargo & Company cut 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 research note on Wednesday, August 5th. UBS Group reiterated a “neutral” rating and issued a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 5th. Truist Financial cut their price objective on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Finally, Keefe, Bruyette & Woods reduced their target price 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. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $55.39.

Fidelity National Information Services Trading Up 1.9%

NYSE FIS opened at $41.36 on Friday. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $71.90. The company has a 50-day simple moving average of $41.42 and a 200-day simple moving average of $44.79. 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 firm has a market capitalization of $21.38 billion, a PE ratio of 6.35, a price-to-earnings-growth 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 analysts’ consensus estimates 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 business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the firm earned $1.36 EPS. The company’s revenue for the quarter was up 29.1% compared to the same quarter last year. 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 forecast that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s dividend 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.