One Way Holdings LLC bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) in the third quarter, Holdings Channel reports. The fund bought 247,349 shares of the information technology services provider’s stock, valued at approximately $8,138,000.
Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Fidelity National Information Services in the 2nd quarter valued at approximately $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Fidelity National Information Services in the second quarter valued at about $219,162,000. Bank of America Corp DE bought a new position in shares of Fidelity National Information Services in the second quarter worth about $189,387,000. Legal & General Group Plc bought a new position in shares of Fidelity National Information Services in the second quarter worth about $129,815,000. Finally, Deutsche Bank AG bought a new position in shares of Fidelity National Information Services in the second quarter worth about $111,205,000. Institutional investors own 96.23% of the company’s stock.
Fidelity National Information Services Price Performance
FIS stock opened at $38.58 on Monday. The company has a fifty day moving average price of $36.98 and a 200-day moving average price of $43.89. The company has a market capitalization of $19.94 billion, a P/E ratio of 5.93, a PEG ratio of 0.45 and a beta of 0.81. Fidelity National Information Services, Inc. has a 52-week low of $32.10 and a 52-week high of $68.37. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations 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 firm 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. As a group, equities analysts expect that Fidelity National Information Services, Inc. will post 6.20 EPS for the current year.
Fidelity National Information Services Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Shareholders of record on Monday, December 14th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Monday, December 14th. Fidelity National Information Services’s payout ratio is 27.04%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Truist Financial decreased their price target on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating on the stock in a report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating for the company in a research note on Tuesday, September 29th. The Goldman Sachs Group decreased their target price on shares of Fidelity National Information Services from $52.00 to $44.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. Weiss Ratings downgraded shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 10th. Finally, Morgan Stanley began 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 target for the company. Eleven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $49.04.
Check Out Our Latest Analysis on FIS
Insider Activity at Fidelity National Information Services
In related news, Director Jeffrey Goldstein purchased 1,585 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was bought at an average price of $36.40 per share, with a total value of $57,694.00. Following the completion of the purchase, the director owned 18,697 shares in the company, valued at approximately $680,570.80. This represents a 9.26% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.
Fidelity National Information Services Company Profile
Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.
FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.
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