Fidelity National Information Services, Inc. $FIS Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 58.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 31,893 shares of the information technology services provider’s stock after acquiring an additional 11,710 shares during the quarter. Wealthfront Advisers LLC’s holdings in Fidelity National Information Services were worth $2,120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FIS. Dodge & Cox increased its holdings in shares of Fidelity National Information Services by 22.2% during the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after buying an additional 7,830,710 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in shares of Fidelity National Information Services by 585.9% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock worth $155,969,000 after buying an additional 2,852,118 shares during the last quarter. Mizuho Markets Americas LLC increased its holdings in shares of Fidelity National Information Services by 49.1% during the 3rd quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider’s stock worth $303,929,000 after buying an additional 1,518,200 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Fidelity National Information Services by 71.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,483,575 shares of the information technology services provider’s stock worth $201,294,000 after buying an additional 1,037,100 shares during the last quarter. Finally, Nomura Holdings Inc. increased its holdings in shares of Fidelity National Information Services by 32,832.1% during the 3rd quarter. Nomura Holdings Inc. now owns 843,390 shares of the information technology services provider’s stock worth $55,613,000 after buying an additional 840,829 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on FIS shares. Wolfe Research lowered their price objective on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Stephens lowered their price objective on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Susquehanna lowered their price objective on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Compass Point lowered their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Finally, UBS Group lowered their price objective on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $67.10.

Insider Activity

In other news, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was acquired at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $46.57 on Friday. The stock has a market cap of $24.07 billion, a P/E ratio of 63.79, a price-to-earnings-growth ratio of 0.46 and a beta of 0.82. The company has a fifty day simple moving average of $48.16 and a 200-day simple moving average of $57.53. Fidelity National Information Services, Inc. has a 12-month low of $43.29 and a 12-month high of $82.74. 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 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). The firm had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.Fidelity National Information Services’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $1.40 earnings per share. 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. Equities analysts expect that Fidelity National Information Services, Inc. will post 6.27 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 dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is 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.