Hsbc Holdings PLC Raises Stake in Fidelity National Information Services, Inc. $FIS

Hsbc Holdings PLC increased its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 4.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,237,405 shares of the information technology services provider’s stock after acquiring an additional 51,490 shares during the period. Hsbc Holdings PLC’s holdings in Fidelity National Information Services were worth $82,347,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. boosted its position in Fidelity National Information Services by 13.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 21,139 shares of the information technology services provider’s stock worth $1,405,000 after acquiring an additional 2,478 shares during the last quarter. Winthrop Partners WNY LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at $682,000. Bayban purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $494,000. SHP Wealth Management purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $442,000. Finally, Tulsa Wealth Advisors INC acquired a new stake in shares of Fidelity National Information Services during the fourth quarter worth $2,899,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. TD Cowen dropped their target price on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Truist Financial decreased their price target on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Thursday, May 28th. Oppenheimer lowered their price target on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Citigroup dropped their price objective on shares of Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Finally, Wall Street Zen cut shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $61.33.

Fidelity National Information Services Trading Down 0.2%

NYSE FIS opened at $41.72 on Friday. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $82.62. The company’s 50 day moving average price is $41.86 and its 200 day moving average price is $50.11. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market capitalization of $21.56 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 0.41 and a beta of 0.80.

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 (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the firm earned $1.21 earnings per share. Fidelity National Information Services’s revenue for the quarter 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. On average, sell-side 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 declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is 34.11%.

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.