NewEdge Advisors LLC Purchases 22,819 Shares of Fidelity National Information Services, Inc. $FIS

NewEdge Advisors LLC lifted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 20.5% during the 1st quarter, Holdings Channel reports. The fund owned 134,329 shares of the information technology services provider’s stock after acquiring an additional 22,819 shares during the quarter. NewEdge Advisors LLC’s holdings in Fidelity National Information Services were worth $6,301,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at about $347,000. Geneos Wealth Management Inc. grew its position 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 during the period. Sivia Capital Partners LLC bought a new stake in Fidelity National Information Services during the 2nd quarter worth approximately $302,000. Marshall Wace LLP acquired a new stake in Fidelity National Information Services during the 2nd quarter worth approximately $4,896,000. Finally, Cresset Asset Management LLC lifted its stake in Fidelity National Information Services by 20.5% in the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after buying an additional 901 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of NYSE:FIS opened at $42.50 on Tuesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The stock has a market capitalization of $21.97 billion, a price-to-earnings ratio of 6.53, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. The company’s 50 day simple moving average is $41.12 and its 200 day simple moving average is $45.74. Fidelity National Information Services, Inc. has a 1 year low of $37.42 and a 1 year high of $72.91.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The business’s revenue was up 29.1% compared to the same quarter last year. During the same period last year, the business posted $1.36 EPS. 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, research analysts predict that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on FIS shares. Wells Fargo & Company lowered their price objective on shares of Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Morgan Stanley began coverage on Fidelity National Information Services in a report on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 target price for the company. Cantor Fitzgerald dropped their price target on Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a research note on Monday. Finally, The Goldman Sachs Group cut their price target on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $56.04.

Fidelity National Information Services Company 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.