M&T Bank Corp Sells 22,991 Shares of Fidelity National Information Services, Inc. $FIS

M&T Bank Corp lessened its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 82.8% during the fourth quarter, Holdings Channel reports. The fund owned 4,778 shares of the information technology services provider’s stock after selling 22,991 shares during the period. M&T Bank Corp’s holdings in Fidelity National Information Services were worth $318,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Salomon & Ludwin LLC increased its position in 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 buying an additional 194 shares during the period. Root Financial Partners LLC bought a new position in Fidelity National Information Services during the 3rd quarter worth $29,000. LRI Investments LLC increased its position in Fidelity National Information Services by 613.1% during the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after buying an additional 374 shares during the period. Raiffeisen Bank International AG bought a new stake in Fidelity National Information Services in the 3rd quarter valued at about $29,000. Finally, GoalVest Advisory LLC bought a new stake in Fidelity National Information Services in the 4th quarter valued at about $33,000. Institutional investors own 96.23% of the company’s stock.

Insider Activity at Fidelity National Information Services

In related news, CEO Stephanie Ferris purchased 19,846 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average price 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 approximately $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.21% of the company’s stock.

Fidelity National Information Services Stock Up 0.1%

Shares of NYSE FIS opened at $46.57 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a 52 week low of $43.29 and a 52 week high of $82.74. The stock has a market capitalization of $24.07 billion, a P/E ratio of 63.79, a PEG ratio of 0.46 and a beta of 0.82. The stock’s fifty day moving average is $48.16 and its 200 day moving average is $57.46.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the previous year, the business posted $1.40 EPS. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. 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. Sell-side analysts forecast that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business 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 $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.8%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 241.10%.

Analysts Set New Price Targets

FIS has been the subject of a number of recent research reports. The Goldman Sachs Group cut their price objective on shares of Fidelity National Information Services from $70.00 to $65.00 and set a “buy” rating for the company in a report on Monday, April 13th. Raymond James Financial cut their price objective on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Wolfe Research cut their price objective on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Compass Point cut their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Finally, Susquehanna cut their price objective on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $67.10.

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.