Tulsa Wealth Advisors INC Invests $1.82 Million in Fidelity National Information Services, Inc. $FIS

Tulsa Wealth Advisors INC purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the second quarter, Holdings Channel reports. The firm purchased 46,903 shares of the information technology services provider’s stock, valued at approximately $1,824,000.

Several other large investors also recently bought and sold shares of the business. Norges Bank purchased a new position in Fidelity National Information Services in the 4th quarter worth approximately $495,956,000. Dodge & Cox grew its position in shares of Fidelity National Information Services by 13.9% in the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock valued at $3,264,070,000 after purchasing an additional 6,008,090 shares in the last quarter. Balyasny Asset Management L.P. grew its position in shares of Fidelity National Information Services by 585.9% in the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after purchasing an additional 2,852,118 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $98,678,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Fidelity National Information Services by 228.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,015,663 shares of the information technology services provider’s stock valued at $141,465,000 after purchasing an additional 2,098,139 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

FIS stock opened at $42.91 on Monday. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $71.99. 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 stock has a market cap of $22.18 billion, a price-to-earnings ratio of 6.59, a price-to-earnings-growth ratio of 0.44 and a beta of 0.77. The business has a fifty day moving average of $41.24 and a two-hundred day moving average of $45.25.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 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 analyst estimates of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The company’s quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. As a group, research analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.1%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Analyst Ratings Changes

A number of research firms have weighed in on FIS. TD Cowen lowered their price objective on Fidelity National Information Services from $62.00 to $58.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Oppenheimer cut their target price on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Barclays reduced their price target on Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 5th. UBS Group reissued a “neutral” rating and set a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company cut their price objective on shares of Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $55.39.

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.