5,636,881 Shares in Fidelity National Information Services, Inc. $FIS Purchased by Barrow Hanley Mewhinney & Strauss LLC

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 5.64 million FIS shares worth approximately $219.2 million, representing about 1.09% of the company. Institutional investors collectively own 96.23% of FIS.
• FIS reported quarterly earnings of $1.48 per share, slightly exceeding estimates, while revenue rose 29.1% year over year to $3.38 billion. The company provided fiscal 2026 EPS guidance of $6.15 to $6.24.
• FIS announced a quarterly dividend of $0.44 per share, equivalent to $1.76 annually and a 4.3% yield. Analysts have a consensus “Hold” rating and an average price target of $55.39, compared with the stock’s reported $41.36 price.

Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,636,881 shares of the information technology services provider's stock, valued at approximately $219,162,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.09% of Fidelity National Information Services at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in FIS. BlackRock Inc. bought a new stake in shares of Fidelity National Information Services during the second quarter valued at approximately $1,730,200,000. Norges Bank bought a new position in Fidelity National Information Services in the fourth quarter worth approximately $495,956,000. Dodge & Cox increased its holdings in 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 purchasing an additional 6,008,090 shares during the period. Deutsche Bank AG purchased a new position in Fidelity National Information Services during the 2nd quarter worth $111,205,000. Finally, Balyasny Asset Management L.P. raised its position in Fidelity National Information Services by 585.9% during the 3rd 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 purchasing an additional 2,852,118 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Trading Up 0.0%

Shares of NYSE FIS opened at $41.36 on Monday. Fidelity National Information Services, Inc. has a 1-year low of $37.42 and a 1-year high of $71.90. The business has a fifty day moving average price of $41.42 and a 200 day moving average price of $44.71. The stock has a market capitalization of $21.38 billion, a P/E ratio of 6.35, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the business earned $1.36 EPS. The firm's revenue for the quarter was up 29.1% on a year-over-year basis. 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. Equities research analysts expect that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently announced 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 is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. Fidelity National Information Services's dividend payout ratio (DPR) is 27.04%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on FIS. Barclays dropped their price target on Fidelity National Information Services from $44.00 to $43.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 5th. Stephens reaffirmed an "equal weight" rating and issued a $50.00 price objective on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. Oppenheimer dropped their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. BNP Paribas Exane cut their target price on shares of 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. Finally, The Goldman Sachs Group reduced their price target on shares of Fidelity National Information Services from $65.00 to $57.00 and set a "buy" rating for the company in a report on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $55.39.

Fidelity National Information Services 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.

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