VIRGINIA RETIREMENT SYSTEMS ET Al Buys 16,217 Shares of Fidelity National Information Services, Inc. $FIS

VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 1.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 854,567 shares of the information technology services provider’s stock after buying an additional 16,217 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.17% of Fidelity National Information Services worth $28,115,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Choreo LLC boosted its stake in shares of Fidelity National Information Services by 13.4% in the third quarter. Choreo LLC now owns 39,690 shares of the information technology services provider’s stock valued at $1,306,000 after buying an additional 4,700 shares in the last quarter. D.A. Davidson & CO. raised its position in Fidelity National Information Services by 4.3% in the third quarter. D.A. Davidson & CO. now owns 37,461 shares of the information technology services provider’s stock worth $1,232,000 after acquiring an additional 1,539 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its position in Fidelity National Information Services by 96.8% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,976 shares of the information technology services provider’s stock worth $65,000 after acquiring an additional 972 shares in the last quarter. North Dakota State Investment Board raised its position in Fidelity National Information Services by 2.8% in the third quarter. North Dakota State Investment Board now owns 15,847 shares of the information technology services provider’s stock worth $521,000 after acquiring an additional 427 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its holdings in Fidelity National Information Services by 2.0% in the third quarter. Asset Management One Co. Ltd. now owns 227,777 shares of the information technology services provider’s stock valued at $7,494,000 after acquiring an additional 4,573 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Bank of America assumed coverage on Fidelity National Information Services in a report on Thursday, October 15th. They issued a “buy” rating and a $42.00 price target on the stock. Truist Financial decreased their target price on Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating on the stock in a research report on Friday, October 23rd. Barclays lowered their target price on Fidelity National Information Services from $43.00 to $38.00 and set an “equal weight” rating on the stock in a report on Friday, October 9th. Wells Fargo & Company cut Fidelity National Information Services from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $58.00 to $46.00 in a research report on Tuesday, August 25th. Finally, The Goldman Sachs Group dropped their price target on Fidelity National Information Services from $52.00 to $44.00 and set a “buy” rating for the company in a research report on Tuesday, October 13th. Eleven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.04.

Insider Buying and Selling

In related news, Director Jeffrey Goldstein acquired 1,585 shares of the business’s stock in a transaction on Thursday, October 15th. The shares were bought at an average cost of $36.40 per share, with a total value of $57,694.00. Following the completion of the transaction, the director directly owned 18,697 shares of the company’s stock, valued at $680,570.80. This trade represents a 9.26% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is owned by company insiders.

Fidelity National Information Services Trading Up 3.5%

Shares of FIS stock opened at $38.58 on Friday. The company has a market capitalization of $19.94 billion, a price-to-earnings ratio of 5.93, a PEG ratio of 0.45 and a beta of 0.81. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. The firm has a 50-day moving average price of $36.98 and a 200 day moving average price of $43.89. Fidelity National Information Services, Inc. has a twelve month low of $32.10 and a twelve month high of $68.37.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s revenue for the quarter was up 29.1% compared to the same quarter last year. During the same period last year, the company earned $1.36 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Research analysts forecast that Fidelity National Information Services, Inc. will post 6.20 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Stockholders of record on Monday, December 14th will be given a $0.44 dividend. The ex-dividend date of this dividend is Monday, December 14th. This represents a $1.76 annualized dividend and a dividend yield of 4.6%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.