American Century Companies Inc. Buys 263,077 Shares of Fidelity National Information Services, Inc. $FIS

American Century Companies Inc. grew its stake in shares of Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 621.8% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 305,387 shares of the information technology services provider’s stock after acquiring an additional 263,077 shares during the quarter. American Century Companies Inc. owned about 0.06% of Fidelity National Information Services worth $20,137,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of Fidelity National Information Services during the 3rd quarter worth approximately $29,000. LRI Investments LLC increased its stake in Fidelity National Information Services by 613.1% in the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock valued at $29,000 after acquiring an additional 374 shares during the last quarter. Raiffeisen Bank International AG bought a new position in Fidelity National Information Services in the third quarter valued at approximately $29,000. Steigerwald Gordon & Koch Inc. acquired a new position in Fidelity National Information Services during the third quarter valued at approximately $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in Fidelity National Information Services during the third quarter worth $43,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on FIS. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $70.00 price target on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Wells Fargo & Company dropped their price objective on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Wolfe Research reduced their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Argus dropped their target price on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, UBS Group reduced their price target 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. Fourteen equities research 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 currently has an average rating of “Moderate Buy” and an average price target of $69.86.

Read Our Latest Stock Report on FIS

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $51.59 on Tuesday. The stock has a market cap of $26.54 billion, a price-to-earnings ratio of 70.67, a P/E/G ratio of 0.50 and a beta of 0.90. Fidelity National Information Services, Inc. has a twelve month low of $46.16 and a twelve month high of $82.74. The company’s fifty day moving average is $56.13 and its 200 day moving average is $62.76. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65.

Fidelity National Information Services (NYSE:FISGet Free Report) last announced its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the business earned $1.40 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts forecast 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 declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a $0.44 dividend. 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 dividend on an annualized basis and a dividend yield of 3.4%. Fidelity National Information Services’s dividend payout ratio is presently 219.18%.

Insiders Place Their Bets

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

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

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