Value Holdings Management CO. LLC bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 196,365 shares of the information technology services provider’s stock, valued at approximately $7,635,000. Fidelity National Information Services comprises 1.3% of Value Holdings Management CO. LLC’s portfolio, making the stock its 20th biggest holding.
Other large investors also recently modified their holdings of the company. BOKF NA boosted its stake in shares of Fidelity National Information Services by 0.6% during the third quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock valued at $1,848,000 after purchasing an additional 159 shares in the last quarter. Fiduciary Trust Co increased its stake in shares of Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after buying an additional 161 shares during the period. FJ Capital Management LLC raised its holdings in Fidelity National Information Services by 4.7% in the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after buying an additional 163 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares during the last quarter. Finally, Horizon Investments LLC boosted its position in Fidelity National Information Services by 2.6% during the 4th quarter. Horizon Investments LLC now owns 8,458 shares of the information technology services provider’s stock worth $562,000 after buying an additional 214 shares during the period. 96.23% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
FIS has been the topic of a number of research reports. Oppenheimer reduced their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Barclays reduced their price objective on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 5th. Citigroup decreased their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. National Bank Financial set a $50.00 target price on Fidelity National Information Services in a report on Monday, August 10th. Finally, Royal Bank Of Canada reduced their price target on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $55.39.
Fidelity National Information Services Stock Performance
Shares of Fidelity National Information Services stock opened at $40.58 on Friday. The business has a 50-day moving average price of $41.37 and a two-hundred day moving average price of $44.82. Fidelity National Information Services, Inc. has a 1-year low of $37.42 and a 1-year high of $71.90. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. The company has a market cap of $20.97 billion, a P/E ratio of 6.23, a PEG ratio of 0.42 and a beta of 0.77.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the business earned $1.36 EPS. The firm’s revenue was up 29.1% compared to the same quarter last year. 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, analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.
Fidelity National Information Services Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.3%. Fidelity National Information Services’s payout ratio is 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.
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