Handelsbanken Fonder AB Has $8.51 Million Position in Fidelity National Information Services, Inc. $FIS

Handelsbanken Fonder AB raised its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 10.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 218,905 shares of the information technology services provider’s stock after acquiring an additional 19,841 shares during the quarter. Handelsbanken Fonder AB’s holdings in Fidelity National Information Services were worth $8,511,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FIS. Dodge & Cox increased its position in shares of Fidelity National Information Services by 13.9% during the 4th 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 in the last quarter. Capital Research Global Investors boosted its position in Fidelity National Information Services by 0.6% in the fourth quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after buying an additional 172,356 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Fidelity National Information Services by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after buying an additional 514,490 shares during the last quarter. Invesco Ltd. grew its stake in Fidelity National Information Services by 5.6% during the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after buying an additional 448,712 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Fidelity National Information Services during the fourth quarter worth approximately $495,956,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

FIS stock opened at $44.12 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The company has a 50 day moving average price of $41.20 and a 200 day moving average price of $45.36. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $72.68. The stock has a market capitalization of $22.81 billion, a PE ratio of 6.78, a price-to-earnings-growth ratio of 0.43 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 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion for 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 business’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same period last 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. Analysts forecast that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on FIS. TD Cowen reduced their target price on Fidelity National Information Services from $62.00 to $58.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. Citigroup cut their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. UBS Group reissued a “neutral” rating and issued a $49.00 price objective (down from $63.00) on shares of Fidelity National Information Services in a research note 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 for the company in a research note on Monday, May 11th. Finally, Wells Fargo & Company cut their price target on Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Hold” and a consensus price target of $55.39.

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.