Canada Pension Plan Investment Board Acquires Shares of 1,188,471 Fidelity National Information Services, Inc. $FIS

Canada Pension Plan Investment Board bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,188,471 shares of the information technology services provider’s stock, valued at approximately $46,208,000.

A number of other large investors have also modified their holdings of FIS. Dodge & Cox lifted its stake 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 worth $3,264,070,000 after buying an additional 6,008,090 shares in the last quarter. BlackRock Inc. purchased a new stake in Fidelity National Information Services during the 2nd quarter valued at about $1,730,200,000. Capital Research Global Investors grew its stake in Fidelity National Information Services by 0.6% during the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after acquiring an additional 172,356 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Fidelity National Information Services by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock valued at $744,134,000 after acquiring an additional 514,490 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Fidelity National Information Services by 5.6% in the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock valued at $561,500,000 after acquiring an additional 448,712 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $40.53 on Friday. The stock has a fifty day simple moving average of $41.57 and a 200-day simple moving average of $44.42. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. The stock has a market cap of $20.95 billion, a PE ratio of 6.23, a P/E/G ratio of 0.42 and a beta of 0.77. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $70.38.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.01. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. Fidelity National Information Services’s revenue was up 29.1% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities 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 disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, September 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 27.04%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on FIS shares. TD Cowen lowered their target price on Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Wednesday. The Goldman Sachs Group reduced their price objective on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Morgan Stanley began coverage on Fidelity National Information Services in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 price objective on the stock. Truist Financial dropped their target price on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 24th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $50.00 target price on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $53.96.

Check Out Our Latest Stock Analysis on FIS

About Fidelity National Information Services

(Free Report)

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.

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