Andra AP fonden Increases Holdings in Fidelity National Information Services, Inc. $FIS

Key Points

• Andra AP fonden increased its FIS position by 668.1% in the second quarter, ending with 226,600 shares valued at approximately $8.81 million. Institutional investors collectively own 96.23% of the company.
• FIS reported quarterly adjusted EPS of $1.48, slightly exceeding estimates, while revenue reached $3.38 billion—up 29.1% year over year. The company projects fiscal 2026 EPS of $6.15–$6.24.
• FIS shares opened at $35.02, near their 12-month low, and analysts maintain a consensus “Hold” rating with an average price target of $53.46. The company also declared a quarterly dividend of $0.44, representing a 5.0% annualized yield.

Andra AP fonden boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 668.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 226,600 shares of the information technology services provider's stock after purchasing an additional 197,100 shares during the quarter. Andra AP fonden's holdings in Fidelity National Information Services were worth $8,810,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Research Global Investors grew its holdings in Fidelity National Information Services by 0.6% in the fourth quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider's stock valued at $1,869,507,000 after purchasing an additional 172,356 shares during the last quarter. BlackRock Inc. bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth about $1,730,200,000. Norges Bank bought a new position in Fidelity National Information Services during the 4th quarter worth approximately $495,956,000. Baupost Group LLC MA lifted its holdings in Fidelity National Information Services by 18.8% in the fourth quarter. Baupost Group LLC MA now owns 4,503,801 shares of the information technology services provider's stock worth $299,323,000 after acquiring an additional 714,090 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new position in Fidelity National Information Services during the 2nd quarter worth $219,162,000. Institutional investors and hedge funds own 96.23% of the company's stock.

Fidelity National Information Services Trading Down 0.5%

Shares of NYSE:FIS opened at $35.02 on Wednesday. The firm has a market cap of $18.10 billion, a price-to-earnings ratio of 5.38, a PEG ratio of 0.37 and a beta of 0.79. Fidelity National Information Services, Inc. has a 12 month low of $34.82 and a 12 month high of $69.14. The company's fifty day simple moving average is $41.13 and its 200 day simple moving average is $43.14. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.47 by $0.01. The firm had revenue of $3.38 billion for the quarter, compared to analysts' expectations 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 previous year, the business 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, research analysts forecast that Fidelity National Information Services, Inc. will post 6.2 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services's payout ratio is presently 27.04%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $46.00 price objective (down from $58.00) on shares of Fidelity National Information Services in a report on Tuesday, August 25th. National Bank Financial set a $50.00 price target on shares of Fidelity National Information Services in a report on Monday, August 10th. Stephens reaffirmed an "equal weight" rating and issued a $50.00 target price on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. UBS Group reiterated a "neutral" rating on shares of Fidelity National Information Services in a research note on Monday. Finally, Cantor Fitzgerald cut their price target on shares of Fidelity National Information Services from $55.00 to $50.00 and set an "overweight" rating for the company in a research note on Monday, August 10th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target 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.

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