Hsbc Holdings PLC Increases Stock Position in Fidelity National Information Services, Inc. $FIS

Hsbc Holdings PLC boosted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 4.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,288,032 shares of the information technology services provider’s stock after acquiring an additional 50,627 shares during the period. Hsbc Holdings PLC’s holdings in Fidelity National Information Services were worth $60,646,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC bought a new position in Fidelity National Information Services during the 4th quarter valued at approximately $347,000. Geneos Wealth Management Inc. grew its position in shares of Fidelity National Information Services by 70.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after buying an additional 431 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Fidelity National Information Services during the second quarter valued at approximately $302,000. Marshall Wace LLP purchased a new position in shares of Fidelity National Information Services during the second quarter valued at approximately $4,896,000. Finally, Cresset Asset Management LLC raised its holdings in shares of Fidelity National Information Services by 20.5% during the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after acquiring an additional 901 shares in the last quarter. 96.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on FIS shares. TD Cowen cut their price target on shares of Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Morgan Stanley assumed coverage on shares of Fidelity National Information Services in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 price objective for the company. The Goldman Sachs Group cut their target price on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Truist Financial reduced their price target on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday, May 28th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Hold” and a consensus price target of $58.77.

Fidelity National Information Services Price Performance

Shares of FIS stock opened at $41.82 on Monday. The business’s fifty day moving average is $40.99 and its 200 day moving average is $48.22. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The stock has a market cap of $21.62 billion, a price-to-earnings ratio of 8.11, a PEG ratio of 0.41 and a beta of 0.80. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $82.62.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating 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 business had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the firm posted $1.21 earnings per share. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. 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. Research analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is 34.11%.

About Fidelity National Information Services

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.