State of Wyoming Purchases Shares of 26,179 Fidelity National Information Services, Inc. $FIS

State of Wyoming purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,179 shares of the information technology services provider’s stock, valued at approximately $1,018,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC purchased a new position in Fidelity National Information Services during the fourth quarter worth about $347,000. Geneos Wealth Management Inc. grew its holdings in Fidelity National Information Services by 70.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after buying an additional 431 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Fidelity National Information Services during the 2nd quarter valued at about $302,000. Marshall Wace LLP purchased a new position in shares of Fidelity National Information Services during the 2nd quarter worth about $4,896,000. Finally, Cresset Asset Management LLC lifted its holdings in shares of Fidelity National Information Services by 20.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after acquiring an additional 901 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analysts Set New Price Targets

FIS has been the subject of a number of recent analyst reports. UBS Group restated a “neutral” rating and issued a $49.00 target price (down from $63.00) on shares of Fidelity National Information Services in a report on Wednesday, August 5th. Royal Bank Of Canada cut their price target on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. TD Cowen lowered their price objective on shares of Fidelity National Information Services from $62.00 to $58.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Oppenheimer dropped their price objective on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Finally, BNP Paribas Exane cut their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $55.39.

Fidelity National Information Services Stock Down 2.8%

FIS opened at $42.91 on Friday. Fidelity National Information Services, Inc. has a 1 year low of $37.42 and a 1 year high of $71.99. The firm has a 50 day moving average price of $41.24 and a 200 day moving average price of $45.35. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market cap of $22.18 billion, a PE ratio of 6.59, a price-to-earnings-growth ratio of 0.44 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly 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 net margin of 27.64% and a return on equity of 20.95%. The firm had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the previous year, the company posted $1.36 earnings per share. Fidelity National Information Services’s revenue was up 29.1% compared to the same quarter last year. 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 declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio is 27.04%.

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.