Tidal Investments LLC Raises Stock Position in Fidelity National Information Services, Inc. $FIS

Tidal Investments LLC increased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 13.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,767 shares of the information technology services provider’s stock after acquiring an additional 18,710 shares during the quarter. Tidal Investments LLC’s holdings in Fidelity National Information Services were worth $5,978,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MBM Wealth Consultants LLC purchased a new position in Fidelity National Information Services in the first quarter worth $33,000. Reflection Asset Management acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth $34,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $42,000. DV Equities LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $48,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Fidelity National Information Services by 254.5% in the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after purchasing an additional 598 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 0.0%

Shares of FIS stock opened at $38.16 on Monday. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $69.14. The stock has a market cap of $19.72 billion, a P/E ratio of 5.86, a P/E/G ratio of 0.40 and a beta of 0.79. The stock has a 50 day moving average of $41.86 and a 200 day moving average of $43.81. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The business’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same quarter in the prior 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. As a group, sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.6%. Fidelity National Information Services’s dividend payout ratio is 27.04%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FIS shares. Wells Fargo & Company restated an “equal weight” rating and set a $46.00 target price (down from $58.00) on shares of Fidelity National Information Services in a research note on Tuesday, August 25th. Royal Bank Of Canada lowered their price target on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Keefe, Bruyette & Woods dropped their price target on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. UBS Group restated 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. Finally, Citigroup decreased their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $53.46.

About Fidelity National Information Services

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.