21,892 Shares in Fidelity National Information Services, Inc. $FIS Acquired by AG2R LA Mondiale Gestion D Actifs

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired a new stake in Fidelity National Information Services, Inc., purchasing 21,892 shares valued at approximately $1.74 million.
• Shares of Fidelity National Information Services are currently down 1.2%, with a market cap of $34.94 billion and a price-to-earnings ratio of 371.63.
• The company announced a quarterly dividend of $0.40 per share, representing a yield of 2.4%, with a payout ratio currently at 888.89%.

AG2R LA Mondiale Gestion D Actifs purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 21,892 shares of the information technology services provider's stock, valued at approximately $1,743,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Oppenheimer & Co. Inc. acquired a new position in shares of Fidelity National Information Services during the first quarter worth about $276,000. Brown Advisory Inc. increased its stake in shares of Fidelity National Information Services by 16.7% during the first quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider's stock worth $24,594,000 after acquiring an additional 47,086 shares during the period. Compass Wealth Management LLC increased its stake in shares of Fidelity National Information Services by 13.5% during the first quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider's stock worth $5,810,000 after acquiring an additional 9,251 shares during the period. Brighton Jones LLC acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth about $347,000. Finally, Meritage Portfolio Management increased its stake in shares of Fidelity National Information Services by 43.9% during the first quarter. Meritage Portfolio Management now owns 82,571 shares of the information technology services provider's stock worth $6,166,000 after acquiring an additional 25,203 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. UBS Group lowered their target price on shares of Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. Truist Financial upped their target price on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a "hold" rating in a research report on Thursday, July 17th. Robert W. Baird upped their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 6th. Finally, Susquehanna lowered their target price on shares of Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating on the stock in a research report on Friday, September 12th. Twelve analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $91.17.

Fidelity National Information Services Price Performance

Shares of FIS stock traded down $0.72 during trading hours on Thursday, hitting $66.43. The company's stock had a trading volume of 1,231,074 shares, compared to its average volume of 3,669,508. The business has a fifty day moving average of $73.36 and a 200-day moving average of $75.52. The stock has a market cap of $34.70 billion, a price-to-earnings ratio of 369.29 and a beta of 1.05. Fidelity National Information Services, Inc. has a twelve month low of $65.66 and a twelve month high of $91.98. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The company's quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.36 earnings per share. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. Fidelity National Information Services's dividend payout ratio (DPR) is 888.89%.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.