Fidelity National Information Services, Inc. $FIS Stock Position Raised by Shell Asset Management Co.

Shell Asset Management Co. lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 8.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 133,799 shares of the information technology services provider’s stock after purchasing an additional 10,933 shares during the period. Shell Asset Management Co.’s holdings in Fidelity National Information Services were worth $10,893,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Dodge & Cox raised its holdings in Fidelity National Information Services by 1.4% during the 1st quarter. Dodge & Cox now owns 34,808,298 shares of the information technology services provider’s stock worth $2,599,484,000 after buying an additional 480,771 shares during the period. Goldman Sachs Group Inc. grew its position in Fidelity National Information Services by 4.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,712,794 shares of the information technology services provider’s stock worth $800,032,000 after purchasing an additional 419,199 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Fidelity National Information Services by 0.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,126,213 shares of the information technology services provider’s stock worth $755,928,000 after purchasing an additional 31,626 shares in the last quarter. Invesco Ltd. raised its stake in Fidelity National Information Services by 22.9% during the 1st quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock valued at $694,824,000 after purchasing an additional 1,730,878 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in shares of Fidelity National Information Services by 17.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 6,666,499 shares of the information technology services provider’s stock worth $497,854,000 after buying an additional 986,646 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 0.7%

Fidelity National Information Services stock opened at $67.15 on Tuesday. Fidelity National Information Services, Inc. has a 52 week low of $63.00 and a 52 week high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market capitalization of $35.08 billion, a PE ratio of 373.08 and a beta of 1.05. The business’s 50-day simple moving average is $69.44 and its 200-day simple moving average is $75.03.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, hitting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the company earned $1.36 earnings per share. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. Equities research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is 888.89%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Saturday, September 27th. UBS Group raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a research report on Tuesday, September 30th. Truist Financial increased their target price on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, July 17th. Keefe, Bruyette & Woods dropped their price target on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Finally, Susquehanna reduced their price target on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.00.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.