Inlet Private Wealth LLC Decreases Stock Position in Fidelity National Information Services, Inc. $FIS

Inlet Private Wealth LLC reduced its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 18.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,361 shares of the information technology services provider’s stock after selling 15,800 shares during the quarter. Fidelity National Information Services makes up about 1.1% of Inlet Private Wealth LLC’s holdings, making the stock its 28th largest position. Inlet Private Wealth LLC’s holdings in Fidelity National Information Services were worth $4,610,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FIS. Brighton Jones LLC purchased a new stake in Fidelity National Information Services in the fourth quarter worth $347,000. Geneos Wealth Management Inc. grew its position in shares of Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Fidelity National Information Services in the second quarter valued at $302,000. American Century Companies Inc. grew its position in shares of Fidelity National Information Services by 25.4% in the second quarter. American Century Companies Inc. now owns 42,310 shares of the information technology services provider’s stock valued at $3,445,000 after purchasing an additional 8,563 shares in the last quarter. Finally, CW Advisors LLC grew its position in shares of Fidelity National Information Services by 13.2% in the second quarter. CW Advisors LLC now owns 6,351 shares of the information technology services provider’s stock valued at $517,000 after purchasing an additional 740 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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 stock was acquired 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 directly owned 281,458 shares in the company, valued at $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey A. Goldstein bought 941 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, January 15th. The shares were acquired at an average price of $64.11 per share, with a total value of $60,327.51. Following the completion of the transaction, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. This represents a 6.93% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by insiders.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $46.63 on Tuesday. Fidelity National Information Services, Inc. has a 52 week low of $44.48 and a 52 week high of $82.74. The business has a 50-day simple moving average of $49.76 and a 200 day simple moving average of $59.92. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The stock has a market cap of $23.98 billion, a price-to-earnings ratio of 63.87, a PEG ratio of 0.45 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the firm earned $1.40 earnings per share. Fidelity National Information Services’s quarterly revenue was up 8.2% compared to the same quarter last year. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. On average, research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were given a dividend of $0.44 per share. The ex-dividend date was Tuesday, March 10th. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a yield of 3.8%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 241.10%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FIS shares. Compass Point reduced their price target on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Citigroup reduced their price target on Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Susquehanna reduced their price target on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. The Goldman Sachs Group started coverage on Fidelity National Information Services in a research report on Monday, March 9th. They issued a “buy” rating and a $70.00 price target for the company. Finally, JPMorgan Chase & Co. reduced their price target 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. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.86.

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.