Blair William & Co. IL cut its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 6.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 288,622 shares of the information technology services provider’s stock after selling 21,100 shares during the period. Blair William & Co. IL owned about 0.06% of Fidelity National Information Services worth $19,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Fidelity National Information Services by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 63,019,323 shares of the information technology services provider’s stock valued at $5,130,403,000 after buying an additional 376,499 shares during the period. Dodge & Cox grew its holdings in Fidelity National Information Services by 1.3% during the second quarter. Dodge & Cox now owns 35,274,497 shares of the information technology services provider’s stock worth $2,871,697,000 after acquiring an additional 466,199 shares during the period. Geode Capital Management LLC raised its position in Fidelity National Information Services by 0.4% during the second quarter. Geode Capital Management LLC now owns 13,288,097 shares of the information technology services provider’s stock valued at $1,077,157,000 after acquiring an additional 48,968 shares in the last quarter. Boston Partners lifted its holdings in Fidelity National Information Services by 10.5% in the second quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock valued at $958,537,000 after acquiring an additional 1,122,181 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Fidelity National Information Services by 1.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 10,224,056 shares of the information technology services provider’s stock valued at $832,141,000 after acquiring an additional 97,843 shares during the period. 96.23% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. UBS Group dropped their price objective on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Compass Point decreased their target price on shares of 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. Cantor Fitzgerald started coverage on shares of Fidelity National Information Services in a report on Tuesday, January 27th. They set an “overweight” rating and a $72.00 price target on the stock. BNP Paribas Exane dropped their price target on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating on the stock in a research report on Tuesday, January 20th. Finally, TD Cowen cut their price objective on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $69.85.
Fidelity National Information Services Stock Up 1.7%
Fidelity National Information Services stock opened at $51.44 on Monday. 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 stock has a market capitalization of $26.46 billion, a PE ratio of 70.47, a price-to-earnings-growth ratio of 0.50 and a beta of 0.90. The business has a 50 day simple moving average of $56.45 and a 200-day simple moving average of $62.89. Fidelity National Information Services, Inc. has a 12 month low of $46.16 and a 12 month high of $82.74.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. On average, analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.
Fidelity National Information Services Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.44 per share. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, March 10th. This represents a $1.76 annualized dividend and a yield of 3.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 219.18%.
Insider Activity at Fidelity National Information Services
In other news, Director Jeffrey A. Goldstein bought 941 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were acquired at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the transaction, the director directly owned 14,529 shares in the company, valued at $931,454.19. The trade was a 6.93% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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.
Featured Articles
- Five stocks we like better than Fidelity National Information Services
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
Want to see what other hedge funds are holding FIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Information Services, Inc. (NYSE:FIS – Free Report).
Receive News & Ratings for Fidelity National Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Services and related companies with MarketBeat.com's FREE daily email newsletter.
