Heartland Advisors Inc. Invests $5.45 Million in Fidelity National Information Services, Inc. $FIS

Heartland Advisors Inc. acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 140,094 shares of the information technology services provider’s stock, valued at approximately $5,447,000.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new stake in Fidelity National Information Services in the 2nd quarter worth about $227,000. B. Metzler seel. Sohn & Co. AG purchased a new stake in Fidelity National Information Services in the second quarter valued at approximately $670,000. Hara Capital LLC purchased a new position in Fidelity National Information Services during the second quarter worth approximately $636,000. Advisors Capital Management LLC acquired a new position in shares of Fidelity National Information Services in the 2nd quarter valued at $14,750,000. Finally, Tejara Capital Ltd purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at $11,384,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 1.9%

Shares of NYSE FIS opened at $41.36 on Friday. The stock has a fifty day moving average price of $41.42 and a 200 day moving average price of $44.79. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services, Inc. has a 12-month low of $37.42 and a 12-month high of $71.90. The company has a market cap of $21.38 billion, a P/E ratio of 6.35, a P/E/G ratio of 0.42 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. The company’s revenue was up 29.1% compared to the same quarter last year. 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. Research analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio is currently 27.04%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Keefe, Bruyette & Woods cut their target price on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Barclays dropped their price target on Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 5th. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. BNP Paribas Exane decreased their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Finally, Cantor Fitzgerald dropped their target price on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Eleven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $55.39.

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.