Fidelity National Information Services, Inc. $FIS Holdings Lowered by Invenomic Capital Management LP

Invenomic Capital Management LP cut its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 7.2% during the third quarter, HoldingsChannel reports. The fund owned 135,426 shares of the information technology services provider’s stock after selling 10,474 shares during the quarter. Invenomic Capital Management LP’s holdings in Fidelity National Information Services were worth $8,930,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FIS. Vanguard Group Inc. lifted its holdings in shares of Fidelity National Information Services by 0.6% during the 2nd quarter. Vanguard Group Inc. now owns 63,019,323 shares of the information technology services provider’s stock valued at $5,130,403,000 after buying an additional 376,499 shares during the last quarter. Dodge & Cox increased its holdings in Fidelity National Information Services by 22.2% in the third 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. Boston Partners raised its position in 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 acquiring an additional 1,122,181 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Fidelity National Information Services by 1.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 10,224,056 shares of the information technology services provider’s stock valued at $832,141,000 after acquiring an additional 97,843 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Fidelity National Information Services by 5.6% in the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock valued at $561,500,000 after acquiring an additional 448,712 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Stephanie Ferris purchased 19,846 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were acquired at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the purchase, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey A. Goldstein purchased 941 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $931,454.19. The trade was a 6.93% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on FIS shares. Argus lowered their target price on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Susquehanna lowered their price objective on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. JPMorgan Chase & Co. cut their price objective on 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. Compass Point reduced their target price on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Finally, Royal Bank Of Canada lowered their price target on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Fourteen 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.86.

Fidelity National Information Services Stock Performance

Fidelity National Information Services stock opened at $49.69 on Monday. The stock has a 50-day simple moving average of $54.81 and a 200 day simple moving average of $62.18. The stock has a market capitalization of $25.56 billion, a price-to-earnings ratio of 68.06, a P/E/G ratio of 0.49 and a beta of 0.90. The company has a quick ratio of 0.59, a current 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 analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the company earned $1.40 EPS. The firm’s 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. On average, 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. Stockholders of record on Tuesday, March 10th will be paid a $0.44 dividend. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.76 annualized dividend and a dividend yield of 3.5%. Fidelity National Information Services’s payout ratio is 241.10%.

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.