Entropy Technologies LP Buys 42,130 Shares of Fidelity National Information Services, Inc. $FIS

Entropy Technologies LP grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 95.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 86,292 shares of the information technology services provider’s stock after purchasing an additional 42,130 shares during the period. Entropy Technologies LP’s holdings in Fidelity National Information Services were worth $5,735,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. BOKF NA lifted its holdings in shares of Fidelity National Information Services by 0.6% during the third quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after purchasing an additional 159 shares during the period. Fiduciary Trust Co lifted its holdings in shares of Fidelity National Information Services by 4.9% during the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock worth $228,000 after purchasing an additional 161 shares during the period. FJ Capital Management LLC lifted its holdings in shares of Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after purchasing an additional 163 shares during the period. Spire Wealth Management lifted its holdings in shares of Fidelity National Information Services by 15.6% during the fourth quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock worth $86,000 after purchasing an additional 175 shares during the period. Finally, Michels Family Financial LLC lifted its holdings in shares of Fidelity National Information Services by 2.9% during the third quarter. Michels Family Financial LLC now owns 6,905 shares of the information technology services provider’s stock worth $455,000 after purchasing an additional 194 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 2.1%

NYSE:FIS opened at $39.16 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $20.24 billion, a price-to-earnings ratio of 7.59, a PEG ratio of 0.38 and a beta of 0.78. The firm has a fifty day simple moving average of $44.20 and a two-hundred day simple moving average of $52.93. Fidelity National Information Services, Inc. has a 12 month low of $37.91 and a 12 month high of $82.74.

Fidelity National Information Services (NYSE:FIS) last posted 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. The business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the company posted $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. Analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

Analyst Upgrades and Downgrades

FIS has been the topic of a number of recent research reports. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Raymond James Financial cut their price target on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Cantor Fitzgerald cut their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. UBS Group decreased their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Finally, The Goldman Sachs Group decreased their price objective on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $61.33.

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.