Heartland Advisors Inc. Raises Stake in Fidelity National Information Services, Inc. $FIS

Heartland Advisors Inc. grew its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 292.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,174 shares of the information technology services provider’s stock after purchasing an additional 61,248 shares during the quarter. Heartland Advisors Inc.’s holdings in Fidelity National Information Services were worth $3,855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Salomon & Ludwin LLC lifted its stake in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the period. Reflection Asset Management purchased a new stake in Fidelity National Information Services in the 4th quarter worth $34,000. Kemnay Advisory Services Inc. purchased a new stake in Fidelity National Information Services in the 4th quarter worth $42,000. Finally, MBM Wealth Consultants LLC bought a new stake in Fidelity National Information Services during the first quarter valued at about $33,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Down 0.2%

FIS opened at $41.82 on Monday. The company has a market capitalization of $21.62 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80. The firm has a 50-day simple moving average of $40.99 and a two-hundred day simple moving average of $48.22. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $82.62.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.08. The firm had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business’s revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.21 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Analysts forecast that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. Fidelity National Information Services’s payout ratio is presently 34.11%.

Analyst Ratings Changes

FIS has been the topic of several research analyst reports. Weiss Ratings downgraded Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft decreased their target price on Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. The Goldman Sachs Group dropped their price target on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Barclays started coverage on shares of Fidelity National Information Services in a report on Wednesday, July 8th. They set an “equal weight” rating and a $44.00 price objective for the company. Finally, Wall Street Zen cut shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Fidelity National Information Services currently has an average rating of “Hold” and a consensus target price of $58.77.

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.