Jupiter Topco LLC Buys New Holdings in Fidelity National Information Services, Inc. $FIS

Key Points

• Jupiter Topco LLC purchased 50,443 FIS shares in the second quarter, valued at approximately $1.96 million. Institutional investors collectively own 96.23% of Fidelity National Information Services.
• FIS reported quarterly earnings of $1.48 per share, narrowly exceeding estimates, while revenue rose 29.1% year over year to $3.38 billion. The company reaffirmed fiscal 2026 guidance of $6.15–$6.24 EPS.
• FIS declared a quarterly dividend of $0.44 per share, equivalent to a 4.2% annualized yield. Analysts maintain a consensus “Hold” rating, with an average price target of $53.96 versus the stock’s reported $42.30 price.

Jupiter Topco LLC purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 50,443 shares of the information technology services provider's stock, valued at approximately $1,960,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Fidelity National Information Services during the 2nd quarter worth approximately $1,730,200,000. Norges Bank bought a new stake in Fidelity National Information Services in the 4th quarter valued at $495,956,000. Dodge & Cox raised its stake in 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 valued at $3,264,070,000 after acquiring an additional 6,008,090 shares during the period. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Fidelity National Information Services during the 2nd quarter valued at $219,162,000. Finally, Legal & General Group Plc acquired a new stake in Fidelity National Information Services during the 2nd quarter valued at $129,815,000. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Stock Performance

Shares of NYSE FIS opened at $42.30 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The stock's fifty day moving average price is $41.91 and its two-hundred day moving average price is $44.16. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $70.27. The firm has a market cap of $21.86 billion, a price-to-earnings ratio of 6.50, a P/E/G ratio of 0.44 and a beta of 0.79.

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

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed 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 4.2%. Fidelity National Information Services's payout ratio is currently 27.04%.

Analysts Set New Price Targets

Several research firms have commented on FIS. TD Cowen decreased their price objective on shares of Fidelity National Information Services from $58.00 to $53.00 and set a "buy" rating on the stock in a report on Wednesday, August 26th. Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Information Services from $60.00 to $56.00 and set an "outperform" rating for the company in a research note on Wednesday, August 5th. The Goldman Sachs Group reduced their target price on shares of Fidelity National Information Services from $65.00 to $57.00 and set a "buy" rating for the company in a report on Monday, May 11th. Royal Bank Of Canada decreased 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 research note on Wednesday, August 5th. Finally, UBS Group reissued a "neutral" rating and issued a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a report on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average 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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