Argent Advisors Inc. Grows Stock Holdings in Fidelity National Information Services, Inc. $FIS

Argent Advisors Inc. lifted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 128.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,609 shares of the information technology services provider’s stock after purchasing an additional 20,009 shares during the quarter. Argent Advisors Inc.’s holdings in Fidelity National Information Services were worth $1,670,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth approximately $347,000. Geneos Wealth Management Inc. grew its holdings in shares of Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in Fidelity National Information Services in the 2nd quarter worth $302,000. Marshall Wace LLP bought a new stake in Fidelity National Information Services in the second quarter worth $4,896,000. Finally, Cresset Asset Management LLC boosted its position in Fidelity National Information Services by 20.5% during the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after buying an additional 901 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $40.78 on Thursday. The company’s fifty day moving average price is $42.10 and its 200-day moving average price is $50.35. The stock has a market cap of $21.08 billion, a PE ratio of 7.90, a price-to-earnings-growth ratio of 0.38 and a beta of 0.80. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $82.62.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) 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 company had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period last year, the company posted $1.21 EPS. Fidelity National Information Services’s 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. On average, equities analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.3%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FIS. TD Cowen reduced their price objective 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 dropped their target price on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Oppenheimer reduced their price target on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Citigroup decreased their price target on Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Finally, Truist Financial lowered their price objective on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a research report on Thursday, May 28th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Moderate Buy” and an average target price of $61.33.

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.