Principal Financial Group Inc. Has $43.67 Million Stock Holdings in Fidelity National Information Services, Inc. $FIS

Principal Financial Group Inc. lessened its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 44.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 657,089 shares of the information technology services provider’s stock after selling 516,631 shares during the quarter. Principal Financial Group Inc.’s holdings in Fidelity National Information Services were worth $43,670,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Pinnacle Bancorp Inc. lifted its position in shares of Fidelity National Information Services by 21.9% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider’s stock worth $55,000 after purchasing an additional 150 shares during the last quarter. BOKF NA raised its holdings in Fidelity National Information Services by 0.6% in the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock valued at $1,848,000 after acquiring an additional 159 shares in the last quarter. Fiduciary Trust Co raised its holdings in Fidelity National Information Services by 4.9% in the 3rd quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after acquiring an additional 161 shares in the last quarter. FJ Capital Management LLC raised its holdings in Fidelity National Information Services by 4.7% in the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after acquiring an additional 163 shares in the last quarter. Finally, Gratus Wealth Advisors LLC raised its holdings in Fidelity National Information Services by 1.4% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider’s stock valued at $817,000 after acquiring an additional 170 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insider Buying and Selling at Fidelity National Information Services

In related news, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction dated Thursday, March 5th. The shares were bought at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the purchase, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

FIS has been the subject of several recent research reports. Argus cut their price target on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. BNP Paribas Exane cut their price target on Fidelity National Information Services from $47.00 to $40.00 and set an “underperform” rating for the company in a report on Friday, April 10th. TD Cowen cut their price target on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. The Goldman Sachs Group cut their price target on 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. Finally, Royal Bank Of Canada cut their price target on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.10.

Fidelity National Information Services News Summary

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: FIS beat first-quarter expectations, reporting adjusted EPS of $1.36 versus $1.28 expected and revenue of about $3.29 billion versus $3.28 billion expected. Management said Banking Solutions revenue surged 45%, margins expanded, and cash flow generation remained strong. Article FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
• Positive Sentiment: The company reiterated its full-year 2026 outlook and said it expects about $2.1 billion in free cash flow this year, with a longer-term goal of more than $3 billion by 2028 as it expands AI-driven offerings and partnerships. Article FIS reiterates 2026 outlook for $2.1B free cash flow while targeting >$3B by 2028 through Anthropic AI agents rollout
• Neutral Sentiment: FIS also reaffirmed full-year 2026 guidance of $6.22-$6.32 in adjusted EPS and $13.8-$13.9 billion in revenue, which is broadly in line with Wall Street expectations. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion
• Negative Sentiment: The stock may be under pressure because second-quarter EPS guidance of $1.45-$1.49 only meets or slightly trails consensus, leaving limited room for an upside surprise near term. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion

Fidelity National Information Services Trading Down 7.9%

FIS stock opened at $43.51 on Friday. Fidelity National Information Services, Inc. has a 1-year low of $43.28 and a 1-year high of $82.74. The firm has a market cap of $22.49 billion, a P/E ratio of 59.60, a P/E/G ratio of 0.46 and a beta of 0.82. The business’s 50 day moving average is $48.06 and its 200-day moving average is $57.04. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data 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 return on equity of 21.21% and a net margin of 3.58%.The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the company posted $1.21 EPS. The company’s revenue 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. Equities analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is currently 241.10%.

About Fidelity National Information Services

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.