Caisse de depot et placement du Quebec Acquires Shares of 905,314 Fidelity National Information Services, Inc. $FIS

Caisse de depot et placement du Quebec bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 905,314 shares of the information technology services provider’s stock, valued at approximately $35,199,000.

Other large investors have also recently modified their holdings of the company. MBM Wealth Consultants LLC bought a new stake in Fidelity National Information Services during the 1st quarter valued at $33,000. Reflection Asset Management purchased a new stake in shares of Fidelity National Information Services during the fourth quarter worth $34,000. Kemnay Advisory Services Inc. bought a new position in shares of Fidelity National Information Services in the fourth quarter worth $42,000. DV Equities LLC purchased a new position in shares of Fidelity National Information Services in the fourth quarter valued at $48,000. Finally, Hantz Financial Services Inc. raised its stake in shares of Fidelity National Information Services by 254.5% during the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after purchasing an additional 598 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FIS. Morgan Stanley started coverage on Fidelity National Information Services in a report on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 price objective on the stock. Citigroup decreased their price target on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Wolfe Research increased their price target on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Tuesday. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Hold” and a consensus price target of $53.96.

Fidelity National Information Services Stock Up 2.2%

Shares of NYSE:FIS opened at $41.45 on Friday. The firm has a market capitalization of $21.42 billion, a PE ratio of 6.37, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $70.38. The firm has a fifty day moving average of $41.64 and a 200 day moving average of $44.39.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share 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 business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter last year, the business posted $1.36 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 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.