Fidelity National Information Services, Inc. $FIS Stock Holdings Increased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 65.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 168,917 shares of the information technology services provider’s stock after buying an additional 67,100 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Fidelity National Information Services were worth $7,924,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its position in shares of Fidelity National Information Services by 35.9% during the 1st quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 348,766 shares of the information technology services provider’s stock valued at $16,361,000 after buying an additional 92,050 shares during the last quarter. Strs Ohio grew its position in shares of Fidelity National Information Services by 80.1% during the first quarter. Strs Ohio now owns 134,404 shares of the information technology services provider’s stock worth $6,305,000 after acquiring an additional 59,790 shares during the last quarter. Twin City Private Wealth LLC boosted its stake in Fidelity National Information Services by 77.1% during the 1st quarter. Twin City Private Wealth LLC now owns 38,730 shares of the information technology services provider’s stock valued at $1,817,000 after purchasing an additional 16,859 shares during the period. Argent Advisors Inc. grew its position in Fidelity National Information Services by 128.3% in the 1st quarter. Argent Advisors Inc. now owns 35,609 shares of the information technology services provider’s stock worth $1,670,000 after purchasing an additional 20,009 shares during the last quarter. Finally, USS Investment Management Ltd increased its stake in shares of Fidelity National Information Services by 4.2% in the first quarter. USS Investment Management Ltd now owns 98,220 shares of the information technology services provider’s stock valued at $4,609,000 after purchasing an additional 3,933 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on FIS. BNP Paribas Exane cut their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Cantor Fitzgerald dropped their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. UBS Group dropped their price objective on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Finally, Truist Financial cut their price objective on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a report on Thursday, May 28th. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

Check Out Our Latest Stock Report on Fidelity National Information Services

Fidelity National Information Services Trading Down 0.2%

Shares of FIS opened at $41.72 on Monday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a 1-year low of $37.42 and a 1-year high of $82.62. The stock has a market capitalization of $21.56 billion, a P/E ratio of 8.09, a P/E/G ratio of 0.41 and a beta of 0.80. The business’s 50-day moving average price is $41.86 and its 200 day moving average price is $49.99.

Fidelity National Information Services (NYSE:FISGet Free Report) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. The business had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the firm posted $1.21 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Analysts expect that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is currently 34.11%.

Fidelity National Information Services Company Profile

(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.

Further Reading

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

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