First Hawaiian Bank Sells 579 Shares of Fidelity National Information Services, Inc. $FIS

First Hawaiian Bank decreased its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 1.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 51,064 shares of the information technology services provider’s stock after selling 579 shares during the period. First Hawaiian Bank’s holdings in Fidelity National Information Services were worth $3,813,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Dodge & Cox raised its stake in Fidelity National Information Services by 1.4% in the 1st quarter. Dodge & Cox now owns 34,808,298 shares of the information technology services provider’s stock worth $2,599,484,000 after purchasing an additional 480,771 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Fidelity National Information Services by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 10,712,794 shares of the information technology services provider’s stock worth $800,032,000 after purchasing an additional 419,199 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Fidelity National Information Services by 0.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,126,213 shares of the information technology services provider’s stock worth $755,928,000 after purchasing an additional 31,626 shares in the last quarter. Invesco Ltd. raised its stake in Fidelity National Information Services by 22.9% in the 1st quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock worth $694,824,000 after purchasing an additional 1,730,878 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its stake in Fidelity National Information Services by 17.4% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 6,666,499 shares of the information technology services provider’s stock worth $497,854,000 after purchasing an additional 986,646 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 2.0%

FIS opened at $67.71 on Friday. Fidelity National Information Services, Inc. has a fifty-two week low of $65.82 and a fifty-two week high of $91.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market capitalization of $35.37 billion, a price-to-earnings ratio of 376.19 and a beta of 1.05. The company’s 50 day moving average price is $74.46 and its two-hundred day moving average price is $75.60.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the firm posted $1.36 EPS. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, research analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on FIS. UBS Group dropped their price objective on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a research note on Wednesday, August 6th. Robert W. Baird lifted their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 16th. Truist Financial lifted their price objective on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, July 17th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating for the company in a research report on Wednesday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $91.63.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.