Fidelity National Information Services, Inc. $FIS Shares Sold by Savant Capital LLC

Savant Capital LLC cut its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 81.1% during the 4th quarter, HoldingsChannel reports. The firm owned 9,781 shares of the information technology services provider’s stock after selling 41,961 shares during the quarter. Savant Capital LLC’s holdings in Fidelity National Information Services were worth $650,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Moors & Cabot Inc. increased its position in shares of Fidelity National Information Services by 6.5% during the fourth quarter. Moors & Cabot Inc. now owns 8,587 shares of the information technology services provider’s stock worth $571,000 after acquiring an additional 522 shares during the last quarter. Huntington National Bank grew its stake in Fidelity National Information Services by 18.1% in the fourth quarter. Huntington National Bank now owns 3,799 shares of the information technology services provider’s stock worth $252,000 after purchasing an additional 582 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Fidelity National Information Services by 208.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,121 shares of the information technology services provider’s stock valued at $75,000 after purchasing an additional 758 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Fidelity National Information Services by 4.0% during the fourth quarter. Bleakley Financial Group LLC now owns 114,767 shares of the information technology services provider’s stock valued at $7,627,000 after purchasing an additional 4,460 shares during the last quarter. Finally, Allstate Corp grew its holdings in shares of Fidelity National Information Services by 90.6% during the fourth quarter. Allstate Corp now owns 37,039 shares of the information technology services provider’s stock valued at $2,462,000 after purchasing an additional 17,609 shares during the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FIS. Wells Fargo & Company decreased their price objective on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Raymond James Financial cut their target price on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research 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 for the company in a research report on Thursday, February 12th. Royal Bank Of Canada reduced their target price on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Finally, Citigroup reduced their target price on Fidelity National Information Services from $53.00 to $48.00 in a report 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $61.33.

Fidelity National Information Services Stock Down 3.8%

FIS stock opened at $40.90 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The company has a 50-day moving average of $45.24 and a two-hundred day moving average of $54.02. Fidelity National Information Services, Inc. has a 52-week low of $40.33 and a 52-week high of $82.74. The stock has a market capitalization of $21.14 billion, a price-to-earnings ratio of 7.93, a price-to-earnings-growth ratio of 0.42 and a beta of 0.78.

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, beating the consensus estimate 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 business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter last year, the company earned $1.21 earnings per share. The firm’s revenue was up 30.1% on a year-over-year basis. 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 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s payout ratio is 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.