Global Assets Advisory LLC Invests $1.90 Million in Fidelity National Information Services, Inc. $FIS

Global Assets Advisory LLC acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 40,503 shares of the information technology services provider’s stock, valued at approximately $1,900,000.

Several other large investors have also recently bought and sold shares of FIS. Salomon & Ludwin LLC increased its stake in shares of Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares during the period. GoalVest Advisory LLC acquired a new stake in Fidelity National Information Services in the fourth quarter valued at $33,000. MBM Wealth Consultants LLC bought a new position in Fidelity National Information Services during the 1st quarter worth $33,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after buying an additional 362 shares during the last quarter. Finally, Reflection Asset Management acquired a new position in shares of Fidelity National Information Services in the fourth quarter worth approximately $34,000. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Stock Performance

Shares of NYSE FIS traded up $0.38 during mid-day trading on Friday, reaching $41.99. 4,502,890 shares of the company’s stock were exchanged, compared to its average volume of 5,609,069. The firm has a market capitalization of $21.70 billion, a price-to-earnings ratio of 8.14, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80. The firm has a 50-day moving average price of $41.43 and a two-hundred day moving average price of $49.25. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $82.62.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the company earned $1.21 earnings per share. The company’s quarterly revenue was up 30.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Analysts predict that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FIS shares. Morgan Stanley began coverage on shares of Fidelity National Information Services in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price on the stock. UBS Group decreased their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Monday, May 11th. TD Cowen dropped their price target on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Keefe, Bruyette & Woods cut their target price on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Finally, Oppenheimer reduced their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $59.96.

About Fidelity National Information Services

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.