Cramer Rosenthal Mcglynn LLC Invests $6.92 Million in Fidelity National Information Services, Inc. $FIS

Cramer Rosenthal Mcglynn LLC purchased a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 105,000 shares of the information technology services provider’s stock, valued at approximately $6,924,000.

Several other institutional investors have also recently bought and sold shares of the stock. Pinnacle Bancorp Inc. boosted its holdings in Fidelity National Information Services by 21.9% in the third quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider’s stock valued at $55,000 after acquiring an additional 150 shares during the last quarter. Wealthspire Advisors LLC grew its holdings in Fidelity National Information Services by 3.1% during the 2nd quarter. Wealthspire Advisors LLC now owns 5,426 shares of the information technology services provider’s stock worth $442,000 after acquiring an additional 162 shares during the period. FJ Capital Management LLC raised its position in shares of Fidelity National Information Services by 4.7% during the 2nd 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 during the last quarter. Gratus Wealth Advisors LLC lifted its stake in shares of Fidelity National Information Services by 1.4% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider’s stock valued at $817,000 after purchasing an additional 170 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its position in shares of Fidelity National Information Services by 0.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 24,042 shares of the information technology services provider’s stock worth $1,981,000 after purchasing an additional 175 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on FIS shares. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 price objective on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Stephens decreased their target price on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Compass Point lowered their target price on 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. Finally, UBS Group cut their price objective on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Moderate Buy” and an average price target of $69.85.

Fidelity National Information Services Trading Up 0.9%

Fidelity National Information Services stock opened at $50.53 on Friday. The company has a market cap of $25.99 billion, a price-to-earnings ratio of 69.22, a P/E/G ratio of 0.49 and a beta of 0.90. The firm has a 50-day moving average of $56.76 and a 200-day moving average of $63.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a one year low of $46.16 and a one year high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued 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 company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period last year, the company posted $1.40 earnings per share. The business’s revenue for the quarter 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, equities analysts expect 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.5%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 219.18%.

Insider Activity

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 941 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was bought at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the transaction, the director directly owned 14,529 shares in the company, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.