7,462,468 Shares in Fidelity National Information Services, Inc. $FIS Bought by Norges Bank

Norges Bank bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,462,468 shares of the information technology services provider’s stock, valued at approximately $495,956,000.

Several other large investors have also bought and sold shares of FIS. Salomon & Ludwin LLC raised its position 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 purchasing an additional 194 shares during the last quarter. LRI Investments LLC raised its position in Fidelity National Information Services by 613.1% during the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares during the last quarter. Raiffeisen Bank International AG bought a new position in Fidelity National Information Services during the 3rd quarter worth $29,000. GoalVest Advisory LLC bought a new position in Fidelity National Information Services during the 4th quarter worth approximately $33,000. Finally, 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 purchasing an additional 362 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on FIS. Weiss Ratings upgraded shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. UBS Group lowered their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. Wells Fargo & Company lowered their price target on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Keefe, Bruyette & Woods lowered their price objective on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Finally, TD Cowen lowered their price objective on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $61.33.

Fidelity National Information Services Trading Up 0.0%

NYSE:FIS opened at $42.99 on Monday. 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 $22.22 billion, a price-to-earnings ratio of 8.33, a PEG ratio of 0.42 and a beta of 0.79. The firm has a fifty day simple moving average of $45.68 and a two-hundred day simple moving average of $54.52. Fidelity National Information Services, Inc. has a 12 month low of $41.33 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. 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 during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period last year, the company posted $1.21 earnings per share. The business’s quarterly revenue 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. Analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is presently 34.11%.

Insider Buying and Selling

In other news, CEO Stephanie Ferris bought 19,846 shares of the firm’s stock in a transaction that occurred on 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 directly owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. This represents a 7.59% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is owned by insiders.

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.