Danske Bank A S Buys New Holdings in Fidelity National Information Services, Inc. $FIS

Danske Bank A S purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 300,840 shares of the information technology services provider’s stock, valued at approximately $11,697,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in Fidelity National Information Services during the second quarter worth $1,730,200,000. Norges Bank bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at about $495,956,000. OP Asset Management Ltd bought a new position in shares of Fidelity National Information Services in the first quarter valued at about $2,509,000. South Dakota Investment Council lifted its stake in shares of Fidelity National Information Services by 46.2% during the 1st quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock worth $10,696,000 after buying an additional 72,040 shares during the last quarter. Finally, Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter worth about $347,000. Institutional investors own 96.23% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on FIS shares. Oppenheimer decreased their price target on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. BNP Paribas Exane decreased their target price on 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. 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 price target for the company. Finally, Citigroup decreased their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday, August 5th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Fidelity National Information Services currently has an average rating of “Hold” and a consensus price target of $55.39.

Fidelity National Information Services Stock Down 0.2%

Shares of FIS opened at $40.58 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $71.90. The firm’s 50 day moving average is $41.37 and its 200-day moving average is $44.82. The stock has a market capitalization of $20.97 billion, a PE ratio of 6.23, a P/E/G ratio of 0.42 and a beta of 0.77.

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 (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The firm’s revenue for the quarter was up 29.1% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities research analysts forecast that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders 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 4.3%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio is 27.04%.

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.