16,138 Shares in Fidelity National Information Services, Inc. $FIS Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, HoldingsChannel.com reports. The firm bought 16,138 shares of the information technology services provider’s stock, valued at approximately $627,000.

A number of other hedge funds also recently bought and sold shares of FIS. Dodge & Cox increased its stake in shares of Fidelity National Information Services by 13.9% in the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after purchasing an additional 6,008,090 shares during the period. BlackRock Inc. acquired a new stake in Fidelity National Information Services in the 2nd quarter valued at approximately $1,730,200,000. Capital Research Global Investors lifted its holdings in shares of Fidelity National Information Services by 0.6% during the fourth quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after buying an additional 172,356 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Fidelity National Information Services by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after buying an additional 514,490 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Fidelity National Information Services by 5.6% in the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock valued at $561,500,000 after acquiring an additional 448,712 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Trading Up 2.2%

Shares of FIS stock opened at $41.45 on Friday. The firm has a fifty day moving average of $41.64 and a 200-day moving average of $44.39. The stock has a market cap of $21.42 billion, a price-to-earnings ratio of 6.37, a P/E/G ratio of 0.43 and a beta of 0.77. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $70.38. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53.

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, beating the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s revenue was up 29.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.36 EPS. 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. On average, equities research analysts forecast that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.2%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.

Analyst Upgrades and Downgrades

FIS has been the topic of a number of research reports. Cantor Fitzgerald dropped their target price on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Morgan Stanley initiated coverage on shares of Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 price target on the stock. Stephens reaffirmed an “equal weight” rating and set a $50.00 price objective on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft lowered their price target on Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Finally, TD Cowen cut their price target on Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating for the company in a report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $53.96.

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.