Callan Family Office LLC Makes New Investment in Fidelity National Information Services, Inc. $FIS

Key Points

• Callan Family Office LLC acquired 80,229 shares of Fidelity National Information Services in the second quarter, valued at approximately $3.12 million. Institutional investors collectively own 96.23% of FIS.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $55.39; several firms recently lowered their targets, while Weiss Ratings downgraded the stock to “sell.”
• FIS reported quarterly EPS of $1.48, slightly above estimates, on $3.38 billion in revenue, up 29.1% year over year. The company also declared a quarterly dividend of $0.44 per share, representing a 4.3% annualized yield.

Callan Family Office LLC bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 80,229 shares of the information technology services provider's stock, valued at approximately $3,119,000.

Other hedge funds have also modified their holdings of the company. MBM Wealth Consultants LLC acquired a new position in Fidelity National Information Services during the 1st quarter worth approximately $33,000. Reflection Asset Management acquired a new position in shares of Fidelity National Information Services in the 4th quarter worth approximately $34,000. Kemnay Advisory Services Inc. bought a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $42,000. DV Equities LLC acquired a new stake in shares of Fidelity National Information Services during the 4th quarter valued at approximately $48,000. Finally, Hantz Financial Services Inc. raised its position in shares of Fidelity National Information Services by 254.5% during the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider's stock valued at $55,000 after acquiring an additional 598 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on FIS. Keefe, Bruyette & Woods decreased their price objective on shares of Fidelity National Information Services from $60.00 to $56.00 and set an "outperform" rating for the company in a report on Wednesday, August 5th. Barclays lowered their target price 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. Weiss Ratings cut shares of Fidelity National Information Services from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 11th. Morgan Stanley began coverage on shares of Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an "equal weight" rating and a $47.00 price target on the stock. Finally, BNP Paribas Exane decreased their price target on shares of Fidelity National Information Services from $40.00 to $37.00 and set an "underperform" rating for the company in a report on Thursday, May 14th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $55.39.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $41.36 on Friday. Fidelity National Information Services, Inc. has a 1 year low of $37.42 and a 1 year high of $71.90. The company has a market cap of $21.38 billion, a price-to-earnings 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 quick ratio of 0.53 and a current ratio of 0.53. The firm has a fifty day moving average of $41.42 and a 200-day moving average of $44.79.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results 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. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the firm earned $1.36 earnings per share. The company's quarterly revenue 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. As a group, equities analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.3%. Fidelity National Information Services's dividend 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.

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