Fidelity National Information Services, Inc. $FIS Stake Lessened by Federation des caisses Desjardins du Quebec

Key Points

• The Federation des caisses Desjardins du Quebec decreased its stake in Fidelity National Information Services by 11.8%, selling 12,578 shares to hold a total of 93,922 shares, valued at approximately $7 million.
• Fidelity National Information Services reported a quarterly revenue of $2.62 billion with an EPS of $1.36, meeting analyst estimates, and set guidance for Q3 2025 earnings at 1.460-1.500 EPS.
• The company declared a quarterly dividend of $0.40 per share with a dividend yield of 2.3%, and a high dividend payout ratio of 888.89%.

Federation des caisses Desjardins du Quebec lessened its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 11.8% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 93,922 shares of the information technology services provider's stock after selling 12,578 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Fidelity National Information Services were worth $7,017,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter valued at approximately $347,000. Aptus Capital Advisors LLC raised its stake in shares of Fidelity National Information Services by 19.6% during the fourth quarter. Aptus Capital Advisors LLC now owns 4,399 shares of the information technology services provider's stock valued at $355,000 after purchasing an additional 720 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Fidelity National Information Services by 51.2% during the fourth quarter. Ameriprise Financial Inc. now owns 1,376,900 shares of the information technology services provider's stock valued at $111,215,000 after acquiring an additional 466,246 shares during the period. Benjamin Edwards Inc. raised its position in Fidelity National Information Services by 244.9% in the fourth quarter. Benjamin Edwards Inc. now owns 12,698 shares of the information technology services provider's stock worth $1,026,000 after acquiring an additional 9,016 shares in the last quarter. Finally, Brown Advisory Inc. grew its stake in shares of Fidelity National Information Services by 0.9% in the 4th quarter. Brown Advisory Inc. now owns 282,239 shares of the information technology services provider's stock valued at $22,796,000 after buying an additional 2,514 shares in the last quarter. Institutional investors own 96.23% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on FIS shares. Truist Financial lifted their price objective on Fidelity National Information Services from $84.00 to $85.00 and gave the company a "hold" rating in a report on Thursday, July 17th. Robert W. Baird upped their price objective on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. UBS Group dropped their price target on Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 6th. Finally, Keefe, Bruyette & Woods lowered their price target on Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating for the company in a report on Wednesday, August 6th. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $91.63.

Fidelity National Information Services Trading Up 0.2%

FIS stock traded up $0.16 during midday trading on Monday, reaching $68.90. The stock had a trading volume of 3,898,742 shares, compared to its average volume of 3,601,774. The firm has a market cap of $35.99 billion, a price-to-earnings ratio of 382.80 and a beta of 1.05. The business has a fifty day simple moving average of $75.56 and a two-hundred day simple moving average of $75.73. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a twelve month low of $66.51 and a twelve month high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, hitting the consensus estimate of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same period in the prior year, the company earned $1.36 EPS. Fidelity National Information Services's revenue for the quarter was up 5.1% on a year-over-year basis. 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, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal 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 $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 10th. Fidelity National Information Services's dividend payout ratio is presently 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.