Fidelity National Information Services, Inc. $FIS Stock Position Increased by Peterson Wealth Services

Peterson Wealth Services lifted its position in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 16,473.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,219 shares of the information technology services provider’s stock after buying an additional 20,097 shares during the period. Peterson Wealth Services’ holdings in Fidelity National Information Services were worth $1,344,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Dodge & Cox raised its stake in shares of Fidelity National Information Services by 22.2% in the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after buying an additional 7,830,710 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Fidelity National Information Services by 0.6% in the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after buying an additional 172,356 shares in the last quarter. Invesco Ltd. raised its stake in shares of Fidelity National Information Services by 5.6% in the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after buying an additional 448,712 shares in the last quarter. Norges Bank bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth $495,956,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Fidelity National Information Services by 7.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,905,115 shares of the information technology services provider’s stock worth $389,372,000 after buying an additional 408,166 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Argus dropped 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. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Raymond James Financial cut their target price on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. 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 report on Tuesday, April 7th. Finally, Wells Fargo & Company cut their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Thirteen 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’s stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

View Our Latest Report on FIS

Fidelity National Information Services Stock Down 1.6%

Shares of Fidelity National Information Services stock opened at $38.36 on Friday. The stock’s fifty day moving average is $44.32 and its 200-day moving average is $53.02. The firm has a market capitalization of $19.83 billion, a PE ratio of 7.43, a price-to-earnings-growth ratio of 0.38 and a beta of 0.78. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a 12-month low of $37.92 and a 12-month high of $82.74.

Fidelity National Information Services (NYSE:FISGet Free Report) last posted its quarterly 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. The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.Fidelity National Information Services’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 earnings per share. 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. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share 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. Investors 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 yield of 4.6%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is presently 34.11%.

Fidelity National Information Services Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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