Fidelity National Information Services, Inc. $FIS Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 14.5% during the fourth quarter, HoldingsChannel reports. The fund owned 171,661 shares of the information technology services provider’s stock after buying an additional 21,682 shares during the period. Handelsbanken Fonder AB’s holdings in Fidelity National Information Services were worth $11,409,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC grew its holdings in Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 194 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in Fidelity National Information Services in the third quarter valued at $29,000. LRI Investments LLC grew its holdings in Fidelity National Information Services by 613.1% in the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock valued at $29,000 after purchasing an additional 374 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Fidelity National Information Services in the third quarter valued at $29,000. Finally, GoalVest Advisory LLC acquired a new stake in Fidelity National Information Services in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insiders Place Their Bets

In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The shares were purchased at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

FIS has been the topic of a number of analyst reports. Susquehanna decreased their price objective on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Cantor Fitzgerald decreased their price objective on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Keefe, Bruyette & Woods decreased their price objective 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. UBS Group decreased their price objective on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Finally, Argus decreased their price objective on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Thirteen 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. Based on data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average price target of $61.57.

Fidelity National Information Services Stock Up 2.4%

FIS opened at $43.69 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The firm has a market cap of $22.58 billion, a P/E ratio of 8.47, a PEG ratio of 0.42 and a beta of 0.82. Fidelity National Information Services, Inc. has a 52 week low of $41.33 and a 52 week high of $82.74. The business’s fifty day simple moving average is $46.52 and its 200 day simple moving average is $55.42.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the business posted $1.21 earnings per share. The firm’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. As a group, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors 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 annualized dividend and a yield of 4.0%. Fidelity National Information Services’s dividend payout ratio is 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.