PensionDanmark Pensionsforsikringsaktieselskab Raises Stake in Fidelity National Information Services, Inc. $FIS

PensionDanmark Pensionsforsikringsaktieselskab increased its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 33.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 187,202 shares of the information technology services provider’s stock after buying an additional 46,782 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Fidelity National Information Services were worth $7,278,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on FIS shares. Truist Financial cut their price objective on shares of Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating on the stock in a report on Friday, July 24th. 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 report on Wednesday. Cantor Fitzgerald cut their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. BNP Paribas Exane decreased their price target on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Finally, UBS Group reissued a “neutral” rating and set a $49.00 price objective (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $56.55.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $42.78 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a 1-year low of $37.42 and a 1-year high of $72.91. The firm has a market capitalization of $22.11 billion, a P/E ratio of 6.57, a P/E/G ratio of 0.42 and a beta of 0.77. The business’s 50-day simple moving average is $41.14 and its 200-day simple moving average is $45.98.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results 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. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm 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 company earned $1.36 EPS. The company’s 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. Equities analysts predict that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

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.