Cibc World Market Inc. Acquires Shares of 73,783 Fidelity National Information Services, Inc. $FIS

Key Points

• Cibc World Market Inc. acquired 73,783 FIS shares during the second quarter, valued at approximately $2.9 million. Institutional investors collectively own 96.23% of the company.
• FIS reported quarterly EPS of $1.48, slightly exceeding estimates, while revenue rose 29.1% year over year to $3.38 billion. The company issued FY 2026 EPS guidance of $6.15–$6.24.
• FIS declared a quarterly dividend of $0.44, equivalent to an annualized $1.76 payout and a 4.3% yield. Analysts maintain a consensus “Hold” rating with an average price target of $53.96.

Cibc World Market Inc. purchased a new position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 73,783 shares of the information technology services provider's stock, valued at approximately $2,869,000.

Other large investors also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Fidelity National Information Services during the 2nd quarter valued at $1,730,200,000. Norges Bank purchased a new stake in shares of Fidelity National Information Services in the 4th quarter worth about $495,956,000. Dodge & Cox lifted its position in shares of Fidelity National Information Services by 13.9% in 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. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at about $219,162,000. Finally, Deutsche Bank AG purchased a new position in shares of Fidelity National Information Services during the second quarter valued at about $111,205,000. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Up 0.5%

FIS opened at $40.68 on Thursday. 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 1-year low of $37.42 and a 1-year high of $70.78. The company has a market capitalization of $21.03 billion, a PE ratio of 6.25, a PEG ratio of 0.42 and a beta of 0.77. The firm's 50 day simple moving average is $41.52 and its two-hundred day simple moving average is $44.50.

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 earnings per share for the quarter, beating 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 company had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $3.38 billion. During the same quarter in the previous year, the company earned $1.36 EPS. Fidelity National Information Services'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. As a group, equities analysts forecast that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Royal Bank Of Canada decreased their price objective on Fidelity National Information Services from $57.00 to $53.00 and set an "outperform" rating for the company in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Barclays dropped their price objective on shares of Fidelity National Information Services from $44.00 to $43.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 5th. Oppenheimer decreased their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Finally, National Bank Financial set a $50.00 target price on shares of Fidelity National Information Services in a report on Monday, August 10th. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $53.96.

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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