Fieldview Capital Management LLC Takes Position in Fidelity National Information Services, Inc. $FIS

Fieldview Capital Management LLC purchased a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,507 shares of the information technology services provider’s stock, valued at approximately $891,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in Fidelity National Information Services during the second quarter valued at $624,858,000. Mizuho Markets Americas LLC boosted its stake in shares of Fidelity National Information Services by 49.1% during the 3rd quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider’s stock worth $303,929,000 after purchasing an additional 1,518,200 shares during the period. Boston Partners boosted its stake in shares of Fidelity National Information Services by 10.5% during the 2nd quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock worth $958,537,000 after purchasing an additional 1,122,181 shares during the period. AQR Capital Management LLC grew its holdings in 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 purchasing an additional 1,037,100 shares during the last quarter. Finally, River Road Asset Management LLC purchased a new stake in Fidelity National Information Services in the 2nd quarter worth about $39,106,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Price Performance

FIS opened at $51.59 on Tuesday. The firm has a market capitalization of $26.54 billion, a PE ratio of 70.67, a price-to-earnings-growth ratio of 0.50 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. The business’s 50-day moving average is $56.13 and its two-hundred day moving average is $62.76. Fidelity National Information Services, Inc. has a 1 year low of $46.16 and a 1 year high of $82.74.

Fidelity National Information Services (NYSE:FIS) last released 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 firm had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same period in the previous year, the company posted $1.40 earnings per share. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. 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. Research analysts anticipate 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 company also recently announced 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. The ex-dividend date of this dividend is Tuesday, March 10th. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a yield of 3.4%. Fidelity National Information Services’s dividend payout ratio is currently 219.18%.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 941 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was purchased at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the acquisition, the director owned 14,529 shares in the company, valued at approximately $931,454.19. This trade represents a 6.93% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction dated Thursday, March 5th. The stock was acquired 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 in the company, valued at approximately $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by company insiders.

Analyst Ratings Changes

FIS has been the subject of several recent analyst reports. BNP Paribas Exane dropped their target price on 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. JPMorgan Chase & Co. reduced their price target on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Argus decreased their price target on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Compass Point cut their price objective on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Finally, The Goldman Sachs Group began coverage on Fidelity National Information Services in a research note on Monday. They issued a “buy” rating and a $70.00 target price on the stock. Fourteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $69.86.

Fidelity National Information Services Company 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.