Hsbc Holdings PLC Acquires New Position in Fidelity National Information Services, Inc. $FIS

Key Points

• HSBC Holdings acquired 1.66 million shares of Fidelity National Information Services in the second quarter, valued at approximately $64.2 million and representing a 0.32% stake. Institutional investors collectively own 96.23% of FIS.
• FIS reported quarterly revenue of $3.38 billion, up 29.1% year over year, and EPS of $1.48, narrowly beating analysts’ expectations. The company issued fiscal 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, compared with a share price of $40.68.

Hsbc Holdings PLC bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm bought 1,658,061 shares of the information technology services provider's stock, valued at approximately $64,171,000. Hsbc Holdings PLC owned approximately 0.32% of Fidelity National Information Services as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. BOKF NA raised its holdings in shares of Fidelity National Information Services by 0.6% in the third quarter. BOKF NA now owns 28,031 shares of the information technology services provider's stock worth $1,848,000 after buying an additional 159 shares during the last quarter. Fiduciary Trust Co grew its holdings in shares of Fidelity National Information Services by 4.9% during the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider's stock valued at $228,000 after buying an additional 161 shares during the last quarter. FJ Capital Management LLC increased its position in shares of Fidelity National Information Services by 4.7% in the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider's stock valued at $293,000 after acquiring an additional 163 shares during the period. Horizon Investments LLC raised its stake in Fidelity National Information Services by 2.6% in the 4th quarter. Horizon Investments LLC now owns 8,458 shares of the information technology services provider's stock worth $562,000 after acquiring an additional 214 shares during the last quarter. Finally, Pinnacle Financial Partners Inc. raised its stake in Fidelity National Information Services by 6.4% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,732 shares of the information technology services provider's stock worth $246,000 after acquiring an additional 223 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company's stock.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $40.68 on Thursday. The stock has a 50-day simple moving average of $41.52 and a two-hundred day simple moving average of $44.50. The firm has a market capitalization of $21.03 billion, a P/E ratio of 6.25, a PEG ratio of 0.42 and a beta of 0.77. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $70.78. 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 (NYSE:FIS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The business had revenue of $3.38 billion during the quarter, compared to analysts' expectations of $3.38 billion. During the same quarter in the previous year, the firm posted $1.36 EPS. The company'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. On average, equities analysts forecast that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. Fidelity National Information Services's payout ratio is presently 27.04%.

Analysts Set New Price Targets

Several research firms have weighed in on FIS. Wolfe Research boosted their price target on Fidelity National Information Services from $53.00 to $54.00 and gave the company an "outperform" rating in a research note on Tuesday. Citigroup decreased their target price on Fidelity National Information Services from $48.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, August 5th. Stephens reiterated 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. Royal Bank Of Canada cut their price target on shares of Fidelity National Information Services from $57.00 to $53.00 and set an "outperform" rating on the stock in a report on Wednesday, August 5th. Finally, TD Cowen reduced their price target on shares of Fidelity National Information Services from $58.00 to $53.00 and set a "buy" rating for the company in a research report on Wednesday. Ten investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Fidelity National Information Services has a consensus rating of "Hold" and an average target price of $53.96.

About Fidelity National Information Services

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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