South Dakota Investment Council Has $10.70 Million Stake in Fidelity National Information Services, Inc. $FIS

South Dakota Investment Council raised its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 46.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 228,021 shares of the information technology services provider’s stock after acquiring an additional 72,040 shares during the period. South Dakota Investment Council’s holdings in Fidelity National Information Services were worth $10,696,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC lifted its position in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares during the last quarter. MBM Wealth Consultants LLC acquired a new stake in Fidelity National Information Services in the 1st quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the period. Reflection Asset Management acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth approximately $34,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth approximately $42,000. 96.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. TD Cowen lowered their price objective on shares of Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Weiss Ratings upgraded shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Oppenheimer reduced their price target on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Barclays started coverage on shares of Fidelity National Information Services in a research report on Wednesday, July 8th. They issued an “equal weight” rating and a $44.00 price target on the stock. Finally, BNP Paribas Exane dropped their price objective on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $58.68.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $46.81 on Thursday. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $82.07. 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 stock has a market cap of $24.20 billion, a P/E ratio of 9.07, a PEG ratio of 0.44 and a beta of 0.80. The company’s 50-day simple moving average is $40.99 and its 200 day simple moving average is $46.87.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 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 firm had revenue of $3.29 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 company’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, research analysts forecast that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current fiscal year.

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.