Hsbc Holdings PLC Purchases 370,029 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• HSBC increased its FIS stake by 28.7% in the second quarter, purchasing 370,029 shares and bringing its holdings to 1.66 million shares valued at approximately $64.2 million. Institutional investors collectively own 96.23% of FIS.
• FIS reported quarterly EPS of $1.48, slightly exceeding estimates, while revenue reached $3.38 billion, up 29.1% year over year. The company issued full-year 2026 EPS guidance of $6.15–$6.24.
• FIS declared a quarterly dividend of $0.44 per share, equivalent to an annualized $1.76 and a 4.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $53.96, compared with the stock’s $41.88 opening price.

Hsbc Holdings PLC boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 28.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,658,061 shares of the information technology services provider's stock after purchasing an additional 370,029 shares during the quarter. Hsbc Holdings PLC owned about 0.32% of Fidelity National Information Services worth $64,171,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FIS. BlackRock Inc. acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter worth about $1,730,200,000. Norges Bank purchased a new stake in shares of Fidelity National Information Services in the fourth quarter worth approximately $495,956,000. Dodge & Cox lifted its holdings in shares of Fidelity National Information Services by 13.9% in the fourth 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. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Fidelity National Information Services during the second quarter valued at approximately $219,162,000. Finally, Bank of America Corp DE bought a new stake in Fidelity National Information Services during the second quarter worth $189,387,000. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $41.88 on Tuesday. The company has a market capitalization of $21.65 billion, a P/E ratio of 6.43, a price-to-earnings-growth ratio of 0.44 and a beta of 0.79. The company's 50-day moving average is $42.04 and its 200 day moving average is $44.09. 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 fifty-two week low of $37.42 and a fifty-two week high of $70.27.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm's quarterly revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the company 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. On average, equities research analysts forecast that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on FIS shares. Cantor Fitzgerald dropped their price objective on Fidelity National Information Services from $55.00 to $50.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Barclays dropped their price target 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 report on Wednesday, August 5th. Truist Financial cut their price target on shares of Fidelity National Information Services from $45.00 to $43.00 and set a "hold" rating on the stock in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Finally, Stephens reiterated an "equal weight" rating and issued a $50.00 price objective on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average 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.

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