Nordea Investment Management AB Boosts Stake in Fidelity National Information Services, Inc. $FIS

Nordea Investment Management AB boosted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 15.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,440,210 shares of the information technology services provider’s stock after purchasing an additional 191,957 shares during the period. Nordea Investment Management AB owned about 0.28% of Fidelity National Information Services worth $96,048,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in shares of Fidelity National Information Services during the third quarter worth $29,000. LRI Investments LLC raised its holdings in shares of Fidelity National Information Services by 613.1% in the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 374 shares during the period. Raiffeisen Bank International AG acquired a new position in Fidelity National Information Services during the 3rd quarter worth about $29,000. GoalVest Advisory LLC acquired a new position in Fidelity National Information Services during the 4th quarter worth about $33,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in Fidelity National Information Services during the 3rd quarter valued at about $37,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FIS. Citigroup cut their price target on shares of Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. JPMorgan Chase & Co. lowered their price objective on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Royal Bank Of Canada dropped their price objective on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Stephens cut their target price on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Finally, Wells Fargo & Company reduced their target price on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Fourteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $69.86.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $49.80 on Monday. Fidelity National Information Services, Inc. has a 1 year low of $46.16 and a 1 year high of $82.74. The stock has a market capitalization of $25.62 billion, a PE ratio of 68.22, a PEG 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. The stock has a 50-day simple moving average of $53.10 and a 200-day simple moving average of $61.49.

Fidelity National Information Services (NYSE:FIS) last released 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 firm had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the company posted $1.40 earnings per share. The firm’s quarterly 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, analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share 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. Stockholders of record on Tuesday, March 10th will be issued 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 positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio (DPR) is 241.10%.

Insider Buying and Selling at Fidelity National Information Services

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