Intech Investment Management LLC Acquires 6,070 Shares of Fidelity National Information Services, Inc. $FIS

Intech Investment Management LLC raised its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 15.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,588 shares of the information technology services provider’s stock after acquiring an additional 6,070 shares during the period. Intech Investment Management LLC’s holdings in Fidelity National Information Services were worth $3,479,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Palogic Value Management L.P. grew its holdings in shares of Fidelity National Information Services by 8.5% during the 1st quarter. Palogic Value Management L.P. now owns 3,515 shares of the information technology services provider’s stock valued at $262,000 after purchasing an additional 276 shares during the last quarter. Semmax Financial Advisors Inc. grew its stake in shares of Fidelity National Information Services by 7.4% during the first quarter. Semmax Financial Advisors Inc. now owns 31,794 shares of the information technology services provider’s stock worth $2,491,000 after buying an additional 2,193 shares during the last quarter. MBB Public Markets I LLC acquired a new position in shares of Fidelity National Information Services during the first quarter worth $318,000. Meiji Yasuda Life Insurance Co increased its holdings in shares of Fidelity National Information Services by 19.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 11,286 shares of the information technology services provider’s stock worth $843,000 after buying an additional 1,856 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Fidelity National Information Services by 8.8% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 44,732 shares of the information technology services provider’s stock valued at $3,341,000 after acquiring an additional 3,636 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 $66.89 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a fifty-two week low of $65.82 and a fifty-two week high of $91.98. The company has a 50 day simple moving average of $74.16 and a two-hundred day simple moving average of $75.63. The company has a market capitalization of $34.94 billion, a PE ratio of 371.63 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The firm had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter in the previous year, the company earned $1.36 EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. Research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is 888.89%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on FIS shares. Truist Financial upped their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, July 17th. UBS Group lowered their price objective on Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a research note on Wednesday, August 6th. Robert W. Baird raised their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating on the stock in a report on Wednesday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.63.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.