Hsbc Holdings PLC Purchases New Shares in Fidelity National Information Services, Inc. $FIS

Hsbc Holdings PLC acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, Holdings Channel reports. The institutional investor acquired 1,658,061 shares of the information technology services provider’s stock, valued at approximately $64,171,000.

Other large investors have also modified their holdings of the company. Brighton Jones LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter worth about $347,000. Geneos Wealth Management Inc. increased its stake in shares of Fidelity National Information Services by 70.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Fidelity National Information Services in the 2nd quarter worth about $302,000. Marshall Wace LLP acquired a new position in Fidelity National Information Services in the 2nd quarter worth about $4,896,000. Finally, Cresset Asset Management LLC boosted its position in Fidelity National Information Services by 20.5% during the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after purchasing an additional 901 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

FIS opened at $40.68 on Thursday. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $70.78. The firm has a market capitalization of $21.03 billion, a PE ratio of 6.25, a PEG ratio of 0.42 and a beta of 0.77. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. The firm’s 50-day moving average price is $41.52 and its 200 day moving average price is $44.50.

Fidelity National Information Services (NYSE:FIS) last released 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. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company 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. Fidelity National Information Services’s quarterly revenue 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. As a group, sell-side analysts expect 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 issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Analyst Upgrades and Downgrades

FIS has been the subject of a number of recent analyst reports. TD Cowen cut their price objective on Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday. Cantor Fitzgerald decreased their target price on Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. UBS Group reissued 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. Oppenheimer cut their price target on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Finally, Morgan Stanley assumed coverage on shares of Fidelity National Information Services in a report on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $53.96.

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.