Barrow Hanley Mewhinney & Strauss LLC Lowers Stock Position in Fidelity National Information Services, Inc. $FIS

Barrow Hanley Mewhinney & Strauss LLC lessened its stake in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 28.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,474,994 shares of the information technology services provider’s stock after selling 2,623,494 shares during the period. Fidelity National Information Services makes up about 1.4% of Barrow Hanley Mewhinney & Strauss LLC’s holdings, making the stock its 28th biggest holding. Barrow Hanley Mewhinney & Strauss LLC owned 1.25% of Fidelity National Information Services worth $426,961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Pinnacle Bancorp Inc. increased its stake in Fidelity National Information Services by 21.9% in the third quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider’s stock valued at $55,000 after acquiring an additional 150 shares during the last quarter. Wealthspire Advisors LLC boosted its stake in Fidelity National Information Services by 3.1% in the second quarter. Wealthspire Advisors LLC now owns 5,426 shares of the information technology services provider’s stock worth $442,000 after buying an additional 162 shares in the last quarter. FJ Capital Management LLC grew its position in Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after acquiring an additional 163 shares during the last quarter. Gratus Wealth Advisors LLC raised its stake in shares of Fidelity National Information Services by 1.4% during the third quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider’s stock worth $817,000 after acquiring an additional 170 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its holdings in shares of Fidelity National Information Services by 0.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 24,042 shares of the information technology services provider’s stock worth $1,981,000 after acquiring an additional 175 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.

Insider Activity at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein purchased 941 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, January 15th. The shares were bought at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the purchase, the director directly owned 14,529 shares in the company, valued at approximately $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was purchased at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the acquisition, the chief executive officer owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This represents a 7.59% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.21% of the company’s stock.

Fidelity National Information Services Trading Down 2.1%

Shares of FIS opened at $50.54 on Wednesday. Fidelity National Information Services, Inc. has a 1-year low of $46.16 and a 1-year high of $82.74. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The firm’s 50-day moving average price is $55.80 and its 200-day moving average price is $62.61. The firm has a market capitalization of $26.00 billion, a price-to-earnings ratio of 69.23, a PEG ratio of 0.50 and a beta of 0.90.

Fidelity National Information Services (NYSE:FISGet Free Report) last released its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.Fidelity National Information Services’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.40 earnings per share. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. Sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 10th. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio (DPR) is 219.18%.

More Fidelity National Information Services News

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Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Argus cut their price objective on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. UBS Group lowered their price target on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. BNP Paribas Exane cut their price target on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a research report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 price objective on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Finally, Compass Point lowered their target price on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research note on Tuesday, January 13th. Fourteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $69.86.

View Our Latest Analysis on FIS

Fidelity National Information Services Profile

(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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Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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