Fidelity National Information Services, Inc. $FIS Shares Bought by Hawk Ridge Capital Management LP

Hawk Ridge Capital Management LP grew its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 32.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,597,980 shares of the information technology services provider’s stock after acquiring an additional 640,200 shares during the period. Fidelity National Information Services comprises approximately 4.4% of Hawk Ridge Capital Management LP’s holdings, making the stock its 7th biggest holding. Hawk Ridge Capital Management LP’s holdings in Fidelity National Information Services were worth $121,871,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. BOKF NA increased its holdings in Fidelity National Information Services by 0.6% in the 3rd 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 raised its position in 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 purchasing an additional 161 shares during the period. FJ Capital Management LLC lifted its stake in shares of Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after purchasing an additional 163 shares in the last quarter. Spire Wealth Management lifted its stake in shares of Fidelity National Information Services by 15.6% during the fourth quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock worth $86,000 after purchasing an additional 175 shares in the last quarter. Finally, Salomon & Ludwin LLC boosted its position in shares of Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after buying an additional 194 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Trading Up 4.3%

Shares of FIS opened at $43.30 on Tuesday. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $82.62. The stock has a 50-day moving average price of $40.87 and a 200 day moving average price of $47.17. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market capitalization of $22.38 billion, a P/E ratio of 8.39, a P/E/G ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the business earned $1.21 EPS. Fidelity National Information Services’s revenue for the quarter was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Sell-side analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.1%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

Analysts Set New Price Targets

Several equities research analysts recently commented on FIS shares. The Goldman Sachs Group dropped their target price 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. Weiss Ratings cut Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 9th. Royal Bank Of Canada lowered their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Truist Financial dropped 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 research note on Friday. Finally, BNP Paribas Exane reduced their target price on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $58.68.

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.