Corient Private Wealth LP Acquires Shares of 25,931 Fidelity National Information Services, Inc. $FIS

Corient Private Wealth LP bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) during the second quarter, HoldingsChannel.com reports. The firm bought 25,931 shares of the information technology services provider’s stock, valued at approximately $1,008,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FIS. MBM Wealth Consultants LLC bought a new stake in shares of Fidelity National Information Services during the first quarter worth $33,000. Reflection Asset Management bought a new position in Fidelity National Information Services in the fourth quarter valued at about $34,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Fidelity National Information Services during the fourth quarter valued at about $42,000. DV Equities LLC bought a new stake in shares of Fidelity National Information Services during the fourth quarter worth about $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 valued at $55,000 after buying an additional 598 shares during the period. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 0.9%

NYSE:FIS opened at $41.88 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $70.27. 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’s fifty day moving average is $41.97 and its 200-day moving average is $44.15. The firm has a market cap of $21.65 billion, a P/E ratio of 6.43, a P/E/G ratio of 0.44 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. Fidelity National Information Services’s revenue for the quarter was up 29.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Equities analysts expect that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced 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 is Friday, September 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.

Analysts Set New Price Targets

FIS has been the subject of a number of research reports. Wolfe Research raised their price objective on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. Keefe, Bruyette & Woods dropped their price target on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. National Bank Financial set a $50.00 price objective on shares of Fidelity National Information Services in a research note on Monday, August 10th. Finally, Truist Financial decreased their price objective on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 24th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $53.96.

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.