Cetera Investment Advisers Grows Position in Fidelity National Information Services, Inc. $FIS

Cetera Investment Advisers raised its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 13.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,740 shares of the information technology services provider’s stock after acquiring an additional 17,773 shares during the period. Cetera Investment Advisers’ holdings in Fidelity National Information Services were worth $7,259,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. First Trust Advisors LP raised its holdings in shares of Fidelity National Information Services by 29.5% in the first quarter. First Trust Advisors LP now owns 58,448 shares of the information technology services provider’s stock valued at $2,742,000 after purchasing an additional 13,323 shares during the last quarter. ABN Amro Investment Solutions lifted its position in shares of Fidelity National Information Services by 40.8% during the first quarter. ABN Amro Investment Solutions now owns 28,509 shares of the information technology services provider’s stock valued at $1,337,000 after purchasing an additional 8,262 shares in the last quarter. Oslo Pensjonsforsikring AS purchased a new position in Fidelity National Information Services during the first quarter worth about $288,000. KBC Group NV boosted its holdings in Fidelity National Information Services by 2.8% during the first quarter. KBC Group NV now owns 111,871 shares of the information technology services provider’s stock worth $5,248,000 after purchasing an additional 3,037 shares during the last quarter. Finally, SEB Asset Management AB bought a new stake in Fidelity National Information Services in the 1st quarter worth about $4,910,000. Institutional investors own 96.23% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on FIS shares. UBS Group decreased their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Monday, May 11th. The Goldman Sachs Group reduced their target price on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a report on Monday, May 11th. Truist Financial decreased 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 report on Friday, July 24th. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Royal Bank Of Canada dropped their price target on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $58.68.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $44.83 on Friday. The firm has a market cap of $23.17 billion, a price-to-earnings ratio of 8.69, a P/E/G ratio of 0.44 and a beta of 0.80. 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, Inc. has a 52 week low of $37.42 and a 52 week high of $80.99. The firm’s 50-day simple moving average is $41.06 and its two-hundred day simple moving average is $46.71.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating 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 firm had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the firm earned $1.21 EPS. The company’s 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. As a group, equities analysts forecast that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio is 34.11%.

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.