SteelPeak Wealth LLC Has $2.29 Million Stake in Fidelity National Information Services, Inc. $FIS

SteelPeak Wealth LLC boosted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 355.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,441 shares of the information technology services provider’s stock after acquiring an additional 26,882 shares during the quarter. SteelPeak Wealth LLC’s holdings in Fidelity National Information Services were worth $2,289,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Root Financial Partners LLC bought a new stake in shares of Fidelity National Information Services during the third quarter worth $29,000. LRI Investments LLC lifted its holdings in shares of Fidelity National Information Services by 613.1% during the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares during the period. Raiffeisen Bank International AG bought a new stake in shares of Fidelity National Information Services in the third quarter worth $29,000. GoalVest Advisory LLC bought a new stake in shares of Fidelity National Information Services in the fourth quarter worth $33,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in Fidelity National Information Services during the 3rd quarter worth $37,000. Institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Raymond James Financial reduced their price objective on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Argus decreased 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 report on Thursday, February 26th. The Goldman Sachs Group initiated coverage on shares of Fidelity National Information Services in a research note on Monday, March 9th. They set a “buy” rating and a $70.00 target price for the company. Finally, Wells Fargo & Company decreased their price target on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average price target of $69.86.

Fidelity National Information Services Stock Down 0.1%

Shares of NYSE FIS opened at $46.25 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. The company has a 50-day moving average price of $50.01 and a 200-day moving average price of $60.11. The stock has a market capitalization of $23.79 billion, a P/E ratio of 63.35, a P/E/G ratio of 0.45 and a beta of 0.90. Fidelity National Information Services, Inc. has a 1 year low of $44.48 and a 1 year high of $82.74.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the prior year, the company earned $1.40 EPS. The company’s revenue was up 8.2% on a year-over-year basis. 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. On average, equities research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were issued a $0.44 dividend. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio is 241.10%.

Insider Activity at Fidelity National Information Services

In related news, CEO Stephanie Ferris acquired 19,846 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were acquired at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the purchase, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. The trade was a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jeffrey A. Goldstein acquired 941 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were bought at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the purchase, the director owned 14,529 shares in the company, valued at approximately $931,454.19. This represents a 6.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by insiders.

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.