Forsta AP Fonden Cuts Stake in Fidelity National Information Services, Inc. $FIS

Forsta AP Fonden lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 65.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,800 shares of the information technology services provider’s stock after selling 197,300 shares during the period. Forsta AP Fonden’s holdings in Fidelity National Information Services were worth $7,031,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FIS. Brighton Jones LLC purchased a new position in Fidelity National Information Services in the fourth quarter valued at about $347,000. Geneos Wealth Management Inc. grew its stake in Fidelity National Information Services by 70.1% in 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 last quarter. Sivia Capital Partners LLC purchased a new position in Fidelity National Information Services in the second quarter valued at about $302,000. Marshall Wace LLP purchased a new position in Fidelity National Information Services in the second quarter valued at about $4,896,000. Finally, Cresset Asset Management LLC grew its stake in Fidelity National Information Services by 20.5% in 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 last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris purchased 19,846 shares of Fidelity National Information Services stock in a transaction on Thursday, March 5th. The stock was bought 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 owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This represents a 7.59% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

FIS has been the topic of several analyst reports. Keefe, Bruyette & Woods cut their target price on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. BNP Paribas Exane cut their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Truist Financial cut their target price on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Thursday, May 28th. Finally, Oppenheimer cut their target price on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Stock Performance

FIS opened at $43.59 on Tuesday. Fidelity National Information Services, Inc. has a 12-month low of $41.33 and a 12-month high of $82.74. 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 firm has a market capitalization of $22.53 billion, a PE ratio of 8.45, a P/E/G ratio of 0.42 and a beta of 0.82. The firm has a 50 day moving average of $45.56 and a two-hundred day moving average of $54.36.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the firm posted $1.21 EPS. Fidelity National Information Services’s revenue for the quarter 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. On average, analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared 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 of this dividend is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.0%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

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.