Intech Investment Management LLC Raises Stock Position in Fidelity National Information Services, Inc. $FIS

Intech Investment Management LLC lifted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 72.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,854 shares of the information technology services provider’s stock after buying an additional 39,578 shares during the period. Intech Investment Management LLC’s holdings in Fidelity National Information Services were worth $6,189,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AGF Management Ltd. purchased a new position in Fidelity National Information Services during the 3rd quarter worth approximately $3,096,000. Independent Advisor Alliance boosted its holdings in shares of Fidelity National Information Services by 177.8% in the third quarter. Independent Advisor Alliance now owns 39,987 shares of the information technology services provider’s stock valued at $2,637,000 after acquiring an additional 25,593 shares during the period. Assetmark Inc. grew its position in shares of Fidelity National Information Services by 45.1% during the third quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider’s stock worth $17,508,000 after acquiring an additional 82,518 shares during the last quarter. LBP AM SA increased its holdings in shares of Fidelity National Information Services by 1,777.2% in the 3rd quarter. LBP AM SA now owns 72,984 shares of the information technology services provider’s stock valued at $4,813,000 after acquiring an additional 69,096 shares during the period. Finally, Norges Bank purchased a new stake in Fidelity National Information Services in the 2nd quarter valued at $624,858,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

More Fidelity National Information Services News

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

• Positive Sentiment: TD Cowen set a new $78 price target, signaling continued bullish conviction from some analysts which can limit downside. FIS Given New $78.00 Price Target at TD Cowen
• Positive Sentiment: Short interest dropped ~21.7% in February to ~12.5M shares (≈2.4% of float). Reduced short activity can remove a layer of selling pressure and dampen volatility. Short Interest Report
• Neutral Sentiment: Argus and several outlets discuss FIS’s product roadmap (including an AI risk suite) and 2025 results — these could provide a longer-term narrative boost if execution follows, but clarity on revenue/profit impact is still evolving. Will FIS’s 2025 Results and New AI Risk Suite Redefine Fidelity National’s (FIS) Fintech Narrative?
• Neutral Sentiment: Market-wide volatility (S&P 500 futures) is cited as context for trading; that macro pressure can move FIS independently of company-specific fundamentals. Fidelity Strategically As S&P 500 Futures Reflect Market Volatility
• Negative Sentiment: Raymond James cut its target to $60 (from $82) despite an Outperform rating — downward revisions from well-known desks are pressuring the stock. Raymond James Adjusts Price Target on FIS to $60
• Negative Sentiment: Wells Fargo trimmed its target to $67 (from $81) while keeping an Overweight rating — another downgrade that may prompt near-term selling. Wells Fargo Adjusts Price Target on FIS to $67
• Negative Sentiment: Several other shops cut targets (Susquehanna to $55, Keefe Bruyette to $72, Wolfe to $70, Citi to $53), collectively signaling reduced near-term confidence and adding selling pressure. Multiple Analyst Target Changes
• Negative Sentiment: FIS announced proposed offerings of Euro- and USD-denominated senior notes to repay short-term debt tied to the Global Payments Issuer Solutions acquisition — markets often view new debt issuance around big acquisitions as an execution and leverage risk. FIS Announces Proposed Offerings of Senior Notes

Analyst Upgrades and Downgrades

Several research analysts have issued reports on FIS shares. Stephens lowered their price objective on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Argus lowered their price target on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday. TD Cowen reduced their price objective on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 price objective on shares of Fidelity National Information Services in a research report on Thursday, January 15th. Finally, JPMorgan Chase & Co. dropped their target price on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Fidelity National Information Services has an average rating of “Moderate Buy” and an average target price of $70.50.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein bought 941 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was bought at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the acquisition, the director owned 14,529 shares in the company, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.21% of the company’s stock.

Fidelity National Information Services Stock Down 0.5%

FIS opened at $50.81 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.53. Fidelity National Information Services, Inc. has a 12 month low of $46.16 and a 12 month high of $82.74. The stock has a market capitalization of $26.13 billion, a P/E ratio of 69.60, a P/E/G ratio of 0.48 and a beta of 0.90. The business has a 50 day simple moving average of $58.11 and a 200-day simple moving average of $63.65.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the company posted $1.40 EPS. The company’s revenue was up 8.2% compared to the same quarter last year. 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. On average, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a dividend of $0.44 per share. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 10th. Fidelity National Information Services’s payout ratio is presently 219.18%.

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.