Bull Harbor Capital LLC Purchases New Shares in Fidelity National Information Services, Inc. $FIS

Bull Harbor Capital LLC bought a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,556 shares of the information technology services provider’s stock, valued at approximately $730,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC grew its position in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 194 shares in the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of Fidelity National Information Services in the first quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Fidelity National Information Services by 251.4% during 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. Reflection Asset Management bought a new position in Fidelity National Information Services during the 4th quarter valued at approximately $34,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Fidelity National Information Services in the 4th quarter worth about $42,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 1.7%

NYSE:FIS opened at $46.02 on Friday. The company’s 50 day moving average is $41.03 and its two-hundred day moving average is $46.72. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The company has a market cap of $23.79 billion, a PE ratio of 8.92, a P/E/G ratio of 0.46 and a beta of 0.80. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $80.99.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping 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 analyst estimates of $3.28 billion. During the same quarter in the prior year, the business earned $1.21 earnings per share. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. 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 anticipate that Fidelity National Information Services, Inc. will post 6.27 EPS for the current year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s payout ratio is presently 34.11%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. UBS Group cut their price target on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Morgan Stanley started 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 price objective on the stock. Royal Bank Of Canada lowered their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Finally, Weiss Ratings raised shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Thirteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Moderate Buy” and an average price target of $58.68.

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.