Rakuten Investment Management Inc. Takes Position in Fidelity National Information Services, Inc. $FIS

Rakuten Investment Management Inc. acquired a new position in Fidelity National Information Services, Inc. (NYSE:FIS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 84,399 shares of the information technology services provider’s stock, valued at approximately $3,265,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC purchased a new stake in Fidelity National Information Services in the first quarter valued at about $33,000. Reflection Asset Management purchased a new stake in shares of Fidelity National Information Services during the fourth quarter worth about $34,000. Kemnay Advisory Services Inc. acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at about $42,000. DV Equities LLC acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at about $48,000. Finally, Hantz Financial Services Inc. raised 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 valued at $55,000 after purchasing an additional 598 shares during the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on FIS shares. Weiss Ratings raised shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. Barclays lowered their price objective on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 5th. Wells Fargo & Company reissued an “equal weight” rating and issued a $46.00 target price (down from $58.00) on shares of Fidelity National Information Services in a research report on Tuesday, August 25th. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, Cantor Fitzgerald lowered their price target on Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Hold” and an average target price of $53.96.

Fidelity National Information Services Stock Performance

Shares of NYSE FIS opened at $41.45 on Monday. The company has a 50 day simple moving average of $41.64 and a two-hundred day simple moving average of $44.35. The stock has a market cap of $21.42 billion, a price-to-earnings ratio of 6.37, a PEG ratio of 0.43 and a beta of 0.77. 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, Inc. has a 12 month low of $37.42 and a 12 month high of $70.38.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping 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 analyst estimates of $3.38 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. The business’s quarterly 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. As a group, analysts predict that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s 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.