Corient Private Wealth LP Invests $1.01 Million in Fidelity National Information Services, Inc. $FIS

Key Points

• Corient Private Wealth initiated a $1.01 million position in Fidelity National Information Services during the second quarter, while institutional investors collectively own 96.23% of FIS shares.
• FIS reported quarterly EPS of $1.48, narrowly exceeding estimates, while revenue reached $3.38 billion and increased 29.1% year over year. The company guided for fiscal 2026 EPS of $6.15–$6.24.
• The stock recently traded at $41.88, and FIS declared a quarterly dividend of $0.44 per share, producing a 4.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $53.96.

Corient Private Wealth LP bought a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 25,931 shares of the information technology services provider's stock, valued at approximately $1,008,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dodge & Cox lifted its holdings in shares of 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 valued at $3,264,070,000 after purchasing an additional 6,008,090 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Fidelity National Information Services in the second quarter valued at about $1,730,200,000. Capital Research Global Investors lifted its holdings in shares of 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Fidelity National Information Services by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider's stock worth $744,134,000 after buying an additional 514,490 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Fidelity National Information Services by 5.6% during the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider's stock worth $561,500,000 after buying an additional 448,712 shares in the last quarter. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Trading Down 0.9%

Fidelity National Information Services stock opened at $41.88 on Friday. The stock has a 50-day simple moving average of $41.97 and a 200 day simple moving average of $44.15. The stock has a market capitalization of $21.65 billion, a P/E ratio of 6.43, a PEG ratio of 0.44 and a beta of 0.79. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $70.27.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.01. The company had revenue of $3.38 billion during 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 revenue was up 29.1% on a year-over-year basis. During the same period last year, the firm posted $1.36 earnings per share. 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. Analysts expect that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services's dividend payout ratio (DPR) is presently 27.04%.

Wall Street Analysts Forecast Growth

FIS has been the subject of a number of analyst reports. Barclays decreased 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 report on Wednesday, August 5th. Weiss Ratings upgraded shares of Fidelity National Information Services from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, August 25th. Cantor Fitzgerald decreased their price objective on Fidelity National Information Services from $55.00 to $50.00 and set an "overweight" rating for the company in a report on Monday, August 10th. National Bank Financial set a $50.00 target price on Fidelity National Information Services in a research report on Monday, August 10th. Finally, The Goldman Sachs Group reduced their price target on Fidelity National Information Services from $65.00 to $57.00 and set a "buy" rating for the company in a research report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Fidelity National Information Services currently has an average rating of "Hold" and a consensus target price of $53.96.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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