Wealth Enhancement Advisory Services LLC Trims Stock Position in Fidelity National Information Services, Inc. $FIS

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 19.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,796 shares of the information technology services provider’s stock after selling 20,285 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity National Information Services were worth $5,686,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of FIS. Pinnacle Bancorp Inc. grew its holdings in Fidelity National Information Services by 21.9% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider’s stock valued at $55,000 after buying an additional 150 shares during the last quarter. BOKF NA raised its holdings in shares of Fidelity National Information Services by 0.6% in the third quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after acquiring an additional 159 shares during the last quarter. Fiduciary Trust Co lifted its position in shares of Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after acquiring an additional 161 shares in the last quarter. FJ Capital Management LLC lifted its position in shares of Fidelity National Information Services by 4.7% in the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after acquiring an additional 163 shares in the last quarter. Finally, Gratus Wealth Advisors LLC boosted its stake in shares of Fidelity National Information Services by 1.4% during the third quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider’s stock valued at $817,000 after acquiring an additional 170 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FIS shares. Compass Point cut 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. Keefe, Bruyette & Woods decreased their price target on shares of Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. UBS Group lowered their price target on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. 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 research report on Wednesday, February 25th. Finally, Stephens reduced their price objective 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. 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 MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.86.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $46.90 on Monday. The business’s 50-day moving average price is $51.49 and its 200 day moving average price is $60.78. Fidelity National Information Services, Inc. has a twelve month low of $46.13 and a twelve month high of $82.74. The company has a market capitalization of $24.12 billion, a PE ratio of 64.24, a price-to-earnings-growth ratio of 0.46 and a beta of 0.90. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS 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 business had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter last year, the firm earned $1.40 EPS. The firm’s quarterly revenue 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. On average, research analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

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

Insider Activity at Fidelity National Information Services

In related news, CEO Stephanie Ferris purchased 19,846 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was purchased 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 approximately $14,182,668.62. This trade represents a 7.59% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeffrey A. Goldstein purchased 941 shares of the firm’s 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 acquisition, the director owned 14,529 shares in the company, 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. Corporate insiders own 0.21% of the company’s stock.

Fidelity National Information Services Company 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.