Insider Buying: Fidelity National Information Services (NYSE:FIS) CEO Acquires $1,000,039.94 in Stock

Fidelity National Information Services, Inc. (NYSE:FIS) CEO Stephanie Ferris bought 19,846 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were purchased 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 directly owned 281,458 shares of the company’s stock, valued at $14,182,668.62. The trade was a 7.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Fidelity National Information Services Price Performance

NYSE FIS opened at $50.17 on Thursday. The firm’s fifty day simple moving average is $55.47 and its two-hundred day simple moving average is $62.52. The firm has a market capitalization of $25.81 billion, a P/E ratio of 68.73, a P/E/G ratio of 0.49 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, Inc. has a 12-month low of $46.16 and a 12-month high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data 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). The business had revenue of $2.81 billion for 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%. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company 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. Analysts forecast that Fidelity National Information Services, Inc. will post 5.74 EPS 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 paid a $0.44 dividend. 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 is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is 241.10%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FIS. TD Cowen cut their price objective on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. UBS Group lowered their target price on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Argus cut their price target on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Truist Financial decreased their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating for the company in a report on Tuesday, March 3rd. Finally, Cantor Fitzgerald began coverage on shares of Fidelity National Information Services in a research note on Tuesday, January 27th. They set an “overweight” rating and a $72.00 price objective for the company. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.86.

Institutional Investors Weigh In On Fidelity National Information Services

A number of institutional investors and hedge funds have recently modified their holdings of FIS. Dodge & Cox raised its position in Fidelity National Information Services by 22.2% during the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after buying an additional 7,830,710 shares during the last quarter. Norges Bank purchased a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at $624,858,000. Balyasny Asset Management L.P. increased its stake in shares of Fidelity National Information Services by 585.9% in the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock worth $155,969,000 after acquiring an additional 2,852,118 shares during the period. Pinebridge Investments LLC purchased a new position in shares of Fidelity National Information Services during the fourth quarter worth $114,799,000. Finally, TOMS Capital Investment Management LP purchased a new position in shares of Fidelity National Information Services during the fourth quarter worth $110,589,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

About Fidelity National Information Services

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.