Healthcare of Ontario Pension Plan Trust Fund Purchases 190,366 Shares of Fidelity National Information Services, Inc. $FIS

Healthcare of Ontario Pension Plan Trust Fund raised its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 929.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 210,837 shares of the information technology services provider’s stock after acquiring an additional 190,366 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Fidelity National Information Services were worth $9,890,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FIS. Dodge & Cox grew its stake in shares of Fidelity National Information Services by 13.9% in the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after purchasing an additional 6,008,090 shares during the last quarter. Capital Research Global Investors raised its position in Fidelity National Information Services by 0.6% during the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after purchasing an additional 172,356 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Fidelity National Information Services by 4.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock valued at $744,134,000 after purchasing an additional 514,490 shares during the last quarter. Invesco Ltd. lifted its holdings 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 bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth approximately $495,956,000. 96.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Oppenheimer reduced their target price on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Truist Financial dropped their price target on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, July 24th. UBS Group cut their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Weiss Ratings downgraded shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of 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. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $58.68.

Fidelity National Information Services Price Performance

FIS stock opened at $44.99 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 firm has a 50 day moving average price of $40.91 and a 200-day moving average price of $47.02. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $82.62. The firm has a market capitalization of $23.26 billion, a price-to-earnings ratio of 8.72, a PEG ratio of 0.42 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the business posted $1.21 EPS. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. 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 research analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

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.