Fulcrum Asset Management LLP increased its stake in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 34,707.0% during the third quarter, Holdings Channel.com reports. The fund owned 89,106 shares of the information technology services provider’s stock after buying an additional 88,850 shares during the period. Fulcrum Asset Management LLP’s holdings in Fidelity National Information Services were worth $2,972,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC increased its position in Fidelity National Information Services by 4.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock valued at $246,000 after purchasing an additional 290 shares during the period. Signaturefd LLC lifted its position in shares of Fidelity National Information Services by 4.7% in the 3rd quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock worth $224,000 after purchasing an additional 303 shares during the period. Bleakley Financial Group LLC lifted its position in shares of Fidelity National Information Services by 0.3% in the 1st quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock worth $5,399,000 after purchasing an additional 328 shares during the period. GAMMA Investing LLC lifted its position in shares of Fidelity National Information Services by 4.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock worth $256,000 after purchasing an additional 349 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its stake in shares of Fidelity National Information Services by 9.1% in the 1st quarter. Citizens Financial Group Inc. RI now owns 4,338 shares of the information technology services provider’s stock valued at $203,000 after purchasing an additional 361 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, Director Jeffrey Goldstein purchased 1,585 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The shares were acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the purchase, the director owned 18,697 shares in the company, valued at $680,570.80. This represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on FIS shares. Truist Financial decreased their price objective on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating for the company in a research report on Friday, October 23rd. National Bank Financial set a $46.00 price target on shares of Fidelity National Information Services in a research report on Thursday. Argus downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Friday. Weiss Ratings lowered Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 10th. Finally, Stephens started coverage on Fidelity National Information Services in a research note on Tuesday, August 11th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Six analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Fidelity National Information Services presently has an average rating of “Hold” and a consensus price target of $41.76.
View Our Latest Analysis on Fidelity National Information Services
Fidelity National Information Services Trading Down 1.4%
NYSE:FIS opened at $28.32 on Tuesday. The company has a current ratio of 0.55, a quick ratio of 0.53 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $14.64 billion, a price-to-earnings ratio of 4.85, a PEG ratio of 0.36 and a beta of 0.84. The firm has a fifty day simple moving average of $35.97 and a two-hundred day simple moving average of $42.99. Fidelity National Information Services, Inc. has a 12 month low of $27.93 and a 12 month high of $68.37.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a net margin of 26.77% and a return on equity of 20.42%. The firm had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.43 billion. During the same period in the previous year, the firm posted $1.51 earnings per share. The business’s revenue was up 27.1% compared to the same quarter last year. Analysts expect that Fidelity National Information Services, Inc. will post 5.85 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 Monday, December 28th. Stockholders of record on Monday, December 14th will be paid a $0.44 dividend. The ex-dividend date is Monday, December 14th. This represents a $1.76 annualized dividend and a dividend yield of 6.2%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 26.27%.
More Fidelity National Information Services News
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: Cantor Fitzgerald maintained an Overweight rating and set a $34 price target, which was reported as implying about 20% upside from the then-current share price. However, it cut its target from $45, tempering the positive rating. Cantor Fitzgerald analyst action
- Negative Sentiment: FIS lowered its fiscal 2026 revenue and profit outlook, citing delayed client implementations, bank consolidation, weaker demand for licenses, and lower non-recurring revenue. These factors point to near-term business headwinds and prompted an investor securities-claims investigation by Levi & Korsinsky. Levi & Korsinsky investigation notice
- Negative Sentiment: Several firms took a more cautious stance or lowered price targets: Wolfe Research cut FIS to Hold, Argus downgraded the stock, and UBS Group, TD Cowen, and Citigroup reduced their targets. The cluster of revisions adds to concerns following the outlook cut. Wolfe Research rating change Argus downgrade UBS price target reduction TD Cowen price target reduction Citigroup price target reduction
About Fidelity National Information Services
Fidelity National Information Services, Inc (FIS) provides financial technology and services to banks, credit unions, capital markets firms and other financial institutions. Its offerings include systems for processing transactions, managing accounts and supporting day-to-day financial operations.
The company’s products and services also cover digital banking, payments, risk management, regulatory compliance, treasury operations and capital markets activities such as trading and securities processing.
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