Fidelity National Information Services, Inc. $FIS Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC trimmed its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 17.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 77,378 shares of the information technology services provider’s stock after selling 16,476 shares during the quarter. Intech Investment Management LLC’s holdings in Fidelity National Information Services were worth $5,143,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of FIS. Brighton Jones LLC acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at $347,000. Geneos Wealth Management Inc. increased its holdings in shares of Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Fidelity National Information Services during the second quarter valued at $302,000. Marshall Wace LLP acquired a new position in shares of Fidelity National Information Services during the second quarter valued at $4,896,000. Finally, Cresset Asset Management LLC increased its holdings in shares of Fidelity National Information Services by 20.5% during the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after purchasing an additional 901 shares during the period. 96.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was purchased at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the transaction, the chief executive officer 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Oppenheimer lowered their target price on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Wells Fargo & Company lowered their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. JPMorgan Chase & Co. lowered their target price 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. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Cantor Fitzgerald lowered their target price on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fidelity National Information Services currently has an average rating of “Moderate Buy” and an average target price of $61.33.

Fidelity National Information Services Trading Up 0.0%

Shares of NYSE FIS opened at $42.99 on Monday. Fidelity National Information Services, Inc. has a one year low of $41.33 and a one year high of $82.74. The firm has a market capitalization of $22.22 billion, a PE ratio of 8.33, a PEG ratio of 0.42 and a beta of 0.79. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average price of $45.68 and a two-hundred day moving average price of $54.52.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the company posted $1.21 EPS. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. As a group, analysts predict that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.1%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

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.