Quantitative Investment Management LLC Raises Stake in Fidelity National Information Services, Inc. $FIS

Key Points

• Quantitative Investment Management LLC increased its FIS stake by 616.5% in the second quarter, owning 69,364 shares worth approximately $2.7 million. Institutional investors collectively hold 96.23% of the company.
• FIS reported quarterly EPS of $1.48, slightly above estimates, on $3.38 billion in revenue—up 29.1% year over year. Management guided to fiscal 2026 EPS of $6.15–$6.24.
• The company declared a quarterly dividend of $0.44 per share, representing an annualized payout of $1.76 and a 4.2% yield. Analysts’ consensus rating is “Hold,” with an average price target of $53.96.

Quantitative Investment Management LLC lifted its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 616.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,364 shares of the information technology services provider's stock after purchasing an additional 59,683 shares during the period. Quantitative Investment Management LLC's holdings in Fidelity National Information Services were worth $2,696,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MBM Wealth Consultants LLC bought a new position in Fidelity National Information Services in the 1st quarter worth about $33,000. Reflection Asset Management bought a new stake in shares of Fidelity National Information Services during the fourth quarter valued at approximately $34,000. Kemnay Advisory Services Inc. bought a new stake in shares of Fidelity National Information Services during the fourth quarter valued at approximately $42,000. DV Equities LLC purchased a new stake in shares of Fidelity National Information Services in the fourth quarter valued at approximately $48,000. Finally, Hantz Financial Services Inc. grew its stake in Fidelity National Information Services by 254.5% in the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider's stock worth $55,000 after purchasing an additional 598 shares in the last quarter. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Stock Performance

Shares of NYSE:FIS opened at $41.45 on Monday. The company has a market capitalization of $21.42 billion, a price-to-earnings ratio of 6.37, a price-to-earnings-growth ratio of 0.43 and a beta of 0.77. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $70.38. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The firm has a 50 day moving average of $41.64 and a 200 day moving average of $44.35.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its earnings results 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. The business had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The business's revenue for the quarter was up 29.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.36 EPS. 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, sell-side analysts predict that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.44 per share. 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 dividend payout ratio is presently 27.04%.

Analyst Ratings Changes

FIS has been the topic of several research reports. Oppenheimer reduced their price objective on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Citigroup lowered 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. Keefe, Bruyette & Woods dropped their price target on Fidelity National Information Services from $60.00 to $56.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 5th. Royal Bank Of Canada cut their price target on 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, 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 note on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target 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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