AustralianSuper Pty Ltd Purchases 4,299 Shares of Fidelity National Information Services, Inc. $FIS

AustralianSuper Pty Ltd grew its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 40.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,944 shares of the information technology services provider’s stock after buying an additional 4,299 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Fidelity National Information Services were worth $1,217,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Sierra Ocean LLC increased its holdings in Fidelity National Information Services by 356.0% during the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 267 shares during the period. YANKCOM Partnership grew its position in shares of Fidelity National Information Services by 118.8% in the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock worth $26,000 after buying an additional 190 shares during the last quarter. Meeder Asset Management Inc. increased its stake in shares of Fidelity National Information Services by 92.1% during the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 164 shares during the period. Hazlett Burt & Watson Inc. increased its stake in shares of Fidelity National Information Services by 179.9% during the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 250 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in shares of Fidelity National Information Services by 100.5% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 223 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FIS has been the topic of several recent analyst reports. Susquehanna cut their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, September 12th. Truist Financial dropped their price target on Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating on the stock in a research report on Friday. UBS Group upgraded shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a report on Tuesday, September 30th. Jefferies Financial Group decreased their target price on shares of Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating for the company in a research note on Tuesday, October 14th. Finally, Wells Fargo & Company initiated coverage on Fidelity National Information Services in a research report on Wednesday, October 22nd. They issued an “overweight” rating and a $81.00 price target on the stock. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services currently has an average rating of “Moderate Buy” and an average price target of $87.94.

Fidelity National Information Services Trading Down 1.9%

Shares of NYSE:FIS opened at $66.50 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a 1 year low of $63.00 and a 1 year high of $91.98. The company has a market cap of $34.74 billion, a P/E ratio of 369.46 and a beta of 1.05. The stock’s fifty day moving average price is $67.49 and its 200-day moving average price is $74.48.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, hitting the consensus estimate of $1.36. The company had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.Fidelity National Information Services’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the company earned $1.36 EPS. 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. Sell-side analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were issued a $0.40 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $1.60 annualized dividend and a yield of 2.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 888.89%.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein bought 889 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was acquired at an average cost of $67.66 per share, for a total transaction of $60,149.74. Following the purchase, the director owned 13,588 shares in the company, valued at approximately $919,364.08. This represents a 7.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.21% of the company’s stock.

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.