Bull Harbor Capital LLC Acquires Shares of 15,556 Fidelity National Information Services, Inc. $FIS

Bull Harbor Capital LLC purchased a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,556 shares of the information technology services provider’s stock, valued at approximately $730,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Fidelity National Information Services during the fourth quarter worth about $495,956,000. Dodge & Cox lifted its holdings in shares of Fidelity National Information Services by 13.9% during the 4th quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after acquiring an additional 6,008,090 shares during the period. Balyasny Asset Management L.P. boosted its holdings in Fidelity National Information Services by 585.9% in the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after acquiring an additional 2,852,118 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Fidelity National Information Services by 228.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,015,663 shares of the information technology services provider’s stock valued at $141,465,000 after acquiring an additional 2,098,139 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in Fidelity National Information Services in the 1st quarter worth approximately $82,962,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on FIS shares. BNP Paribas Exane decreased their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Truist Financial lowered their target price on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Barclays began coverage on Fidelity National Information Services in a research note on Wednesday, July 8th. They set an “equal weight” rating and a $44.00 price objective for the company. Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Finally, Citigroup dropped their price objective on shares of Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $58.68.

Fidelity National Information Services Stock Down 1.7%

Shares of Fidelity National Information Services stock opened at $46.02 on Friday. The company has a market capitalization of $23.79 billion, a P/E ratio of 8.92, a price-to-earnings-growth ratio of 0.46 and a beta of 0.80. Fidelity National Information Services, Inc. has a 1 year low of $37.42 and a 1 year high of $80.99. The business has a 50-day moving average of $41.03 and a two-hundred day moving average of $46.72. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last released 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 business had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.Fidelity National Information Services’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities analysts predict that Fidelity National Information Services, Inc. will post 6.27 EPS for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 annualized dividend and a dividend yield of 3.8%. Fidelity National Information Services’s payout ratio is currently 34.11%.

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.