Vestmark Advisory Solutions Inc. Decreases Stock Position in Fidelity National Information Services, Inc. $FIS

Vestmark Advisory Solutions Inc. lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 32.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,146 shares of the information technology services provider’s stock after selling 23,927 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Fidelity National Information Services were worth $3,241,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at $624,858,000. Mizuho Markets Americas LLC lifted its position in Fidelity National Information Services by 49.1% in the 3rd quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider’s stock valued at $303,929,000 after acquiring an additional 1,518,200 shares in the last quarter. Boston Partners boosted its position in shares of Fidelity National Information Services by 10.5% during the second quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock valued at $958,537,000 after buying an additional 1,122,181 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Fidelity National Information Services by 71.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,483,575 shares of the information technology services provider’s stock valued at $201,294,000 after acquiring an additional 1,037,100 shares during the last quarter. Finally, River Road Asset Management LLC bought a new stake in Fidelity National Information Services in the 2nd quarter worth approximately $39,106,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 3.6%

NYSE FIS opened at $47.35 on Tuesday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.64. The firm has a market cap of $24.52 billion, a PE ratio of 175.36, a price-to-earnings-growth ratio of 0.73 and a beta of 0.91. Fidelity National Information Services, Inc. has a 52 week low of $46.16 and a 52 week high of $82.74. The company has a 50 day moving average price of $59.42 and a 200 day moving average price of $64.19.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.02). Fidelity National Information Services had a return on equity of 19.76% and a net margin of 1.45%.The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. 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. As a group, sell-side 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is 651.85%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on FIS. JPMorgan Chase & Co. lowered their price objective on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Stephens lowered their price target on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Truist Financial reduced their target price on Fidelity National Information Services from $72.00 to $70.00 and set a “hold” rating on the stock in a report on Wednesday, November 19th. BNP Paribas Exane lowered their price objective on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a research report on Tuesday, January 20th. Finally, Cantor Fitzgerald began coverage on Fidelity National Information Services in a research report on Tuesday, January 27th. They set an “overweight” rating and a $72.00 target price on the stock. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $77.94.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein bought 941 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was purchased at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the purchase, the director directly owned 14,529 shares in the company, valued at approximately $931,454.19. This trade represents a 6.93% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.21% of the stock is currently owned by company insiders.

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.