Handelsbanken Fonder AB Purchases 19,841 Shares of Fidelity National Information Services, Inc. $FIS

Handelsbanken Fonder AB lifted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 10.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 218,905 shares of the information technology services provider’s stock after purchasing an additional 19,841 shares during the period. Handelsbanken Fonder AB’s holdings in Fidelity National Information Services were worth $8,511,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in FIS. Salomon & Ludwin LLC increased its position in Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after buying an additional 194 shares during the period. MBM Wealth Consultants LLC acquired a new position in shares of Fidelity National Information Services during the first quarter worth approximately $33,000. Reflection Asset Management bought a new stake in shares of Fidelity National Information Services in the fourth quarter valued at approximately $34,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Fidelity National Information Services in the fourth quarter worth $42,000. Finally, DV Equities LLC acquired a new stake in shares of Fidelity National Information Services in the fourth quarter worth $48,000. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on FIS shares. Citigroup cut their target price on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, August 5th. 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. The Goldman Sachs Group dropped their price objective on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Stephens reiterated an “equal weight” rating and issued a $50.00 target price on shares of Fidelity National Information Services in a research note on Tuesday. Finally, Oppenheimer decreased their target price on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $55.39.

Fidelity National Information Services Stock Up 5.3%

Shares of FIS stock opened at $44.12 on Friday. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $72.68. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The stock has a fifty day moving average price of $41.20 and a 200 day moving average price of $45.36. The stock has a market cap of $22.81 billion, a P/E ratio of 6.78, a price-to-earnings-growth ratio of 0.43 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last announced 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. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the previous year, the firm posted $1.36 EPS. The business’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. Analysts predict that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 4.0%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 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.