Mitsubishi UFJ Asset Management Co. Ltd. Makes New $48.61 Million Investment in Fidelity National Information Services, Inc. $FIS

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,250,333 shares of the information technology services provider’s stock, valued at approximately $48,614,000.

A number of other hedge funds have also made changes to their positions in FIS. Norges Bank purchased a new position in Fidelity National Information Services in the fourth quarter valued at approximately $495,956,000. OP Asset Management Ltd purchased a new stake in shares of Fidelity National Information Services during the 1st quarter worth approximately $2,509,000. South Dakota Investment Council boosted its holdings in shares of Fidelity National Information Services by 46.2% in the 1st quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock valued at $10,696,000 after buying an additional 72,040 shares in the last quarter. Brighton Jones LLC acquired a new position in shares of Fidelity National Information Services in the 4th quarter valued at $347,000. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of Fidelity National Information Services in the 4th quarter valued at $17,353,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 0.7%

FIS stock opened at $40.65 on Thursday. The company has a market cap of $21.01 billion, a price-to-earnings ratio of 6.24, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. The company has a fifty day moving average price of $41.33 and a 200 day moving average price of $44.92. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $71.90.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. Fidelity National Information Services’s revenue for the quarter was up 29.1% on a year-over-year basis. During the same period last year, the firm posted $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. Sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders 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 annualized dividend and a dividend yield of 4.3%. Fidelity National Information Services’s dividend payout ratio is 27.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on FIS shares. TD Cowen cut their price target on shares of Fidelity National Information Services from $62.00 to $58.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective (down from $63.00) on shares of Fidelity National Information Services in a report on Wednesday, August 5th. Morgan Stanley assumed coverage on Fidelity National Information Services in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 target price on the stock. Stephens reissued an “equal weight” rating and issued a $50.00 target price on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Fidelity National Information Services presently has an average rating of “Hold” and a consensus price target of $55.39.

About Fidelity National Information Services

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.