Magnolia Capital Advisors LLC Invests $1.18 Million in Fidelity National Information Services, Inc. $FIS

Key Points

• Magnolia Capital Advisors initiated a $1.18 million position in Fidelity National Information Services, purchasing 30,381 shares during the second quarter. 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 fiscal 2026 EPS guidance of $6.15–$6.24.
• Shares recently traded at $40.68, and analysts have a consensus “Hold” rating with an average price target of $53.96. FIS also declared a quarterly dividend of $0.44 per share, implying a 4.3% yield.

Magnolia Capital Advisors LLC bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 30,381 shares of the information technology services provider's stock, valued at approximately $1,181,000.

A number of other institutional investors have also recently added to or reduced their stakes in FIS. BOKF NA increased its holdings in Fidelity National Information Services by 0.6% in the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider's stock valued at $1,848,000 after purchasing an additional 159 shares in the last quarter. Fiduciary Trust Co raised its position in Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider's stock valued at $228,000 after purchasing an additional 161 shares during the period. FJ Capital Management LLC lifted its stake in shares of Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider's stock worth $293,000 after purchasing an additional 163 shares in the last quarter. Horizon Investments LLC boosted its position in shares of Fidelity National Information Services by 2.6% in the fourth quarter. Horizon Investments LLC now owns 8,458 shares of the information technology services provider's stock worth $562,000 after buying an additional 214 shares during the period. Finally, Pinnacle Financial Partners Inc. boosted its position in shares of Fidelity National Information Services by 6.4% in the third quarter. Pinnacle Financial Partners Inc. now owns 3,732 shares of the information technology services provider's stock worth $246,000 after buying an additional 223 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 0.5%

Shares of NYSE FIS opened at $40.68 on Thursday. 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 1 year low of $37.42 and a 1 year high of $70.78. The stock's 50-day simple moving average is $41.52 and its 200-day simple moving average is $44.50. The firm has a market cap of $21.03 billion, a price-to-earnings ratio of 6.25, a PEG ratio of 0.42 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the business posted $1.36 earnings per share. Fidelity National Information Services'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. As a group, equities analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced 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. This represents a $1.76 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services's dividend payout ratio is 27.04%.

Analysts Set New Price Targets

FIS has been the topic of several analyst reports. Oppenheimer dropped their target price on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. TD Cowen decreased their price target on Fidelity National Information Services from $58.00 to $53.00 and set a "buy" rating for the company in a report on Wednesday. Barclays lowered their price objective 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. Morgan Stanley initiated coverage on shares of Fidelity National Information Services in a research note on Tuesday, July 7th. They set an "equal weight" rating and a $47.00 price objective on the stock. Finally, Wells Fargo & Company reissued an "equal weight" rating and set a $46.00 target price (down from $58.00) on shares of Fidelity National Information Services in a research report on Tuesday. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average 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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