SteelPeak Wealth LLC Boosts Stake in Fidelity National Information Services, Inc. $FIS

SteelPeak Wealth LLC grew its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 355.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 34,441 shares of the information technology services provider’s stock after buying an additional 26,882 shares during the quarter. SteelPeak Wealth LLC’s holdings in Fidelity National Information Services were worth $2,289,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of FIS. Nordea Investment Management AB grew its stake in Fidelity National Information Services by 15.4% in the 4th quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock valued at $96,048,000 after purchasing an additional 191,957 shares during the period. AGF Management Ltd. bought a new stake in shares of Fidelity National Information Services during the 3rd quarter worth $3,096,000. Clear Trail Advisors LLC purchased a new position in shares of Fidelity National Information Services in the 4th quarter worth about $2,590,000. Independent Advisor Alliance grew its position in Fidelity National Information Services by 177.8% during the third quarter. Independent Advisor Alliance now owns 39,987 shares of the information technology services provider’s stock valued at $2,637,000 after buying an additional 25,593 shares during the period. Finally, Assetmark Inc. increased its holdings in Fidelity National Information Services by 45.1% during the third quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider’s stock worth $17,508,000 after buying an additional 82,518 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were purchased at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the transaction, the chief executive officer owned 281,458 shares in the company, valued at $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey A. Goldstein bought 941 shares of the firm’s stock in a transaction that occurred 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 acquisition, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. This represents a 6.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Trading Down 0.1%

NYSE:FIS opened at $46.25 on Friday. The firm has a market capitalization of $23.79 billion, a P/E ratio of 63.35, a P/E/G ratio of 0.45 and a beta of 0.90. Fidelity National Information Services, Inc. has a 52 week low of $44.48 and a 52 week high of $82.74. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The company has a fifty day moving average of $50.01 and a 200 day moving average of $60.11.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. Fidelity National Information Services’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.40 EPS. 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was 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 is currently 241.10%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FIS shares. Citigroup dropped their target price 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. Wolfe Research dropped 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. Keefe, Bruyette & Woods decreased their target price on Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Susquehanna lowered their target price on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Finally, UBS Group lowered their price objective on 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 analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.86.

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.