Caisse de depot et placement du Quebec purchased a new position in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 905,314 shares of the information technology services provider’s stock, valued at approximately $35,199,000. Caisse de depot et placement du Quebec owned approximately 0.18% of Fidelity National Information Services as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC bought a new position in shares of Fidelity National Information Services in the 1st quarter worth $33,000. Reflection Asset Management bought a new stake in Fidelity National Information Services during the 4th quarter valued at $34,000. Kemnay Advisory Services Inc. bought a new stake in Fidelity National Information Services during the 4th quarter valued at $42,000. DV Equities LLC acquired a new position in Fidelity National Information Services during the fourth quarter worth $48,000. Finally, Hantz Financial Services Inc. raised its holdings in Fidelity National Information Services by 254.5% during 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.
Wall Street Analyst Weigh In
FIS has been the subject of a number of analyst reports. UBS Group reiterated a “neutral” rating and set a $49.00 price objective (down from $63.00) on shares of Fidelity National Information Services in a report on Wednesday, August 5th. Citigroup dropped their price target on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Stephens reiterated an “equal weight” rating and set a $50.00 price target on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. BNP Paribas Exane decreased their price objective on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Finally, Wall Street Zen downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Fidelity National Information Services has an average rating of “Hold” and an average price target of $53.96.
Fidelity National Information Services Price Performance
Shares of NYSE:FIS opened at $41.45 on Friday. The company’s 50-day moving average is $41.64 and its 200 day moving average is $44.39. 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 company has a market capitalization of $21.42 billion, a P/E ratio of 6.37, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $70.38.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.36 earnings per share. 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 research analysts forecast that Fidelity National Information Services, Inc. will post 6.19 earnings per share 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 paid a $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.2%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.
About Fidelity National Information Services
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.
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