Saudi Central Bank Buys 16,895 Shares of Fidelity National Information Services, Inc. $FIS

Saudi Central Bank boosted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 88.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,009 shares of the information technology services provider’s stock after acquiring an additional 16,895 shares during the quarter. Saudi Central Bank’s holdings in Fidelity National Information Services were worth $1,400,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of FIS. BOKF NA lifted its stake 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 during the last quarter. Fiduciary Trust Co lifted its position in shares of 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 buying an additional 161 shares during the last quarter. FJ Capital Management LLC lifted its position in shares of Fidelity National Information Services by 4.7% in the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after buying an additional 163 shares during the last quarter. Pinnacle Financial Partners Inc. boosted its stake in shares of Fidelity National Information Services by 6.4% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,732 shares of the information technology services provider’s stock worth $246,000 after acquiring an additional 223 shares during the period. Finally, Rexford Capital Inc. increased its holdings in shares of Fidelity National Information Services by 16.1% during the 1st quarter. Rexford Capital Inc. now owns 1,656 shares of the information technology services provider’s stock worth $78,000 after acquiring an additional 230 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Down 5.8%

FIS stock opened at $39.48 on Wednesday. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $70.27. The business has a 50-day simple moving average of $42.05 and a 200 day simple moving average of $44.03. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The company has a market cap of $20.41 billion, a PE ratio of 6.06, a price-to-earnings-growth ratio of 0.44 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business’s revenue for the quarter was up 29.1% on a year-over-year basis. During the same period in the prior 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. Sell-side 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 firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.5%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.

Analyst Upgrades and Downgrades

FIS has been the subject of several research reports. UBS Group reaffirmed a “neutral” rating and set a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a report on Wednesday, August 5th. Barclays decreased their price target on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 5th. BNP Paribas Exane cut their price objective on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Royal Bank Of Canada decreased their target price on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Finally, Morgan Stanley assumed coverage on Fidelity National Information Services in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 target price on the stock. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $53.96.

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.