Maytus Capital Management LLC Boosts Position in Fidelity National Information Services, Inc. $FIS

Maytus Capital Management LLC increased its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 26.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 95,000 shares of the information technology services provider’s stock after acquiring an additional 19,996 shares during the quarter. Fidelity National Information Services comprises 1.5% of Maytus Capital Management LLC’s holdings, making the stock its 28th largest position. Maytus Capital Management LLC’s holdings in Fidelity National Information Services were worth $6,314,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Dodge & Cox increased its stake in Fidelity National Information Services by 13.9% in the 4th quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after buying an additional 6,008,090 shares during the period. Capital Research Global Investors increased its stake in Fidelity National Information Services by 0.6% in the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after buying an additional 172,356 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Fidelity National Information Services by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after buying an additional 514,490 shares during the period. Invesco Ltd. increased its stake in Fidelity National Information Services by 5.6% in the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after buying an additional 448,712 shares during the period. Finally, Norges Bank purchased a new position in Fidelity National Information Services in the 4th quarter worth about $495,956,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 1.5%

NYSE FIS opened at $39.55 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market capitalization of $20.44 billion, a price-to-earnings ratio of 7.66, a price-to-earnings-growth ratio of 0.38 and a beta of 0.79. The company’s 50-day simple moving average is $43.92 and its two-hundred day simple moving average is $52.48. Fidelity National Information Services, Inc. has a one year low of $37.91 and a one year high of $82.74.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating 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 business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter last year, the firm posted $1.21 EPS. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. 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 forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.5%. Fidelity National Information Services’s payout ratio is presently 34.11%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on FIS shares. Wall Street Zen downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Truist Financial cut their target price on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday, May 28th. Susquehanna cut their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Finally, Wells Fargo & Company cut their target price on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company 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.