14,469 Shares in Fidelity National Information Services, Inc. $FIS Purchased by ICONIQ Capital LLC

ICONIQ Capital LLC acquired a new position in Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, Holdings Channel reports. The fund acquired 14,469 shares of the information technology services provider’s stock, valued at approximately $563,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dodge & Cox grew its holdings 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 valued at $3,264,070,000 after acquiring an additional 6,008,090 shares in the last quarter. BlackRock Inc. purchased a new position in Fidelity National Information Services in the second quarter worth $1,730,200,000. Capital Research Global Investors grew its stake in Fidelity National Information Services by 0.6% in the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after purchasing an additional 172,356 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Fidelity National Information Services by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock valued at $744,134,000 after purchasing an additional 514,490 shares during the period. Finally, Invesco Ltd. increased its position in shares of Fidelity National Information Services by 5.6% during the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock valued at $561,500,000 after purchasing an additional 448,712 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $41.45 on Monday. 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 firm has a market capitalization of $21.42 billion, a PE 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 twelve month low of $37.42 and a twelve month high of $70.38. The company has a 50-day moving average price of $41.64 and a two-hundred day moving average price of $44.35.

Fidelity National Information Services (NYSE:FIS) last posted 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. The company 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 company’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Equities analysts forecast that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on FIS shares. Truist Financial cut their price target on shares of Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating on the stock in a report on Friday, July 24th. TD Cowen lowered their price objective on shares of Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. Oppenheimer reduced their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Cantor Fitzgerald decreased their price target on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Finally, Barclays dropped their price objective on 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. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average 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.