15,103 Shares in Fidelity National Information Services, Inc. $FIS Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,103 shares of the information technology services provider’s stock, valued at approximately $587,000.

Other institutional investors also recently made changes to their positions in the company. Reflection Asset Management bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth $34,000. Kemnay Advisory Services Inc. bought a new position in Fidelity National Information Services during the fourth quarter valued at about $42,000. MBM Wealth Consultants LLC acquired a new position in Fidelity National Information Services during the first quarter worth about $33,000. DV Equities LLC bought a new stake in Fidelity National Information Services in the fourth quarter worth about $48,000. Finally, Hantz Financial Services Inc. lifted its holdings in Fidelity National Information Services by 254.5% in the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after acquiring an additional 598 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Trading Up 0.5%

Shares of NYSE FIS opened at $40.68 on Thursday. 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 one year low of $37.42 and a one year high of $70.78. The business has a 50-day moving average price of $41.52 and a two-hundred day moving average price of $44.50. The firm has a market capitalization of $21.03 billion, a PE ratio of 6.25, a PEG 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, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the company earned $1.36 EPS. The firm’s quarterly revenue 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. As a group, analysts predict that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Morgan Stanley assumed coverage on shares of Fidelity National Information Services in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price on the stock. Weiss Ratings cut Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Wells Fargo & Company reiterated an “equal weight” rating and set a $46.00 price objective (down from $58.00) on shares of Fidelity National Information Services in a research report on Tuesday. Barclays decreased their target price on Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 5th. Finally, Cantor Fitzgerald reduced their target price on Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Ten investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus 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.