Aquatic Capital Management LLC Makes New Investment in Fidelity National Information Services, Inc. $FIS

Aquatic Capital Management LLC bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 82,028 shares of the information technology services provider’s stock, valued at approximately $5,409,000.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Fidelity National Information Services by 0.6% during 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 purchasing an additional 376,499 shares in the last quarter. Dodge & Cox increased its position in shares of Fidelity National Information Services by 22.2% during the third quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after acquiring an additional 7,830,710 shares during the last quarter. Boston Partners lifted its stake in shares of 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 worth $958,537,000 after acquiring an additional 1,122,181 shares in the last quarter. Charles Schwab Investment Management Inc. boosted 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 purchasing an additional 97,843 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Fidelity National Information Services by 5.6% in the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock valued at $561,500,000 after purchasing an additional 448,712 shares during the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FIS has been the topic of a number of recent analyst reports. Argus cut their target price on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Cantor Fitzgerald initiated coverage on shares of Fidelity National Information Services in a research note on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price target for the company. Truist Financial cut their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a report on Tuesday, March 3rd. Royal Bank Of Canada reduced their price objective on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Finally, Susquehanna decreased their price objective on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Fourteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $69.86.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $50.45 on Tuesday. The firm has a fifty day moving average of $54.49 and a 200-day moving average of $62.04. The company has a market cap of $25.95 billion, a price-to-earnings ratio of 69.10, a price-to-earnings-growth ratio of 0.49 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a 1 year low of $46.16 and a 1 year high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the prior year, the business earned $1.40 earnings per share. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. 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. As a group, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 10th. Fidelity National Information Services’s payout ratio is presently 241.10%.

Insider Buying and Selling

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

About Fidelity National Information Services

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.