Governors Lane LP Has $17.57 Million Holdings in Fidelity National Information Services, Inc. $FIS

Governors Lane LP lessened its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 26.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 264,358 shares of the information technology services provider’s stock after selling 93,813 shares during the period. Fidelity National Information Services comprises 1.0% of Governors Lane LP’s investment portfolio, making the stock its 17th largest holding. Governors Lane LP’s holdings in Fidelity National Information Services were worth $17,569,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC raised its holdings 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. Raiffeisen Bank International AG acquired a new stake in Fidelity National Information Services during the 3rd quarter worth about $29,000. GoalVest Advisory LLC acquired a new stake in Fidelity National Information Services during the 4th quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Fidelity National Information Services by 251.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the period. Finally, Kemnay Advisory Services Inc. acquired a new stake in Fidelity National Information Services during the 4th quarter worth about $42,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Ratings Changes

FIS has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft lowered their target price on Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Truist Financial lowered their target price on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Thursday, May 28th. Susquehanna lowered their target price on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Wells Fargo & Company lowered their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Finally, Royal Bank Of Canada lowered their target price on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Trading Down 2.2%

Shares of NYSE FIS opened at $38.61 on Thursday. The stock has a market cap of $19.96 billion, a price-to-earnings ratio of 7.48, a PEG ratio of 0.39 and a beta of 0.78. The business has a 50 day simple moving average of $43.76 and a 200 day simple moving average of $52.29. Fidelity National Information Services, Inc. has a 52 week low of $37.91 and a 52 week high of $82.74. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate 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 return on equity of 21.30% and a net margin of 23.35%.The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.21 EPS. 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. On average, research analysts predict that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.6%. Fidelity National Information Services’s payout ratio is presently 34.11%.

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.