Elo Mutual Pension Insurance Co Grows Stake in Fidelity National Information Services, Inc. $FIS

Elo Mutual Pension Insurance Co grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 43.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,675 shares of the information technology services provider’s stock after buying an additional 16,082 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Fidelity National Information Services were worth $3,473,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in FIS. Norges Bank bought a new position in Fidelity National Information Services in the second quarter worth about $624,858,000. Mizuho Markets Americas LLC raised its position in shares of Fidelity National Information Services by 49.1% in 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 acquiring an additional 1,518,200 shares in the last quarter. Boston Partners lifted its stake in shares of Fidelity National Information Services by 10.5% in the 2nd quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock valued at $958,537,000 after purchasing an additional 1,122,181 shares during the period. AQR Capital Management LLC lifted its stake in shares of Fidelity National Information Services by 71.7% in the 2nd quarter. AQR Capital Management LLC now owns 2,483,575 shares of the information technology services provider’s stock valued at $201,294,000 after purchasing an additional 1,037,100 shares during the period. Finally, River Road Asset Management LLC bought a new stake in shares of Fidelity National Information Services during the second quarter valued at approximately $39,106,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was purchased at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the purchase, the director directly owned 14,529 shares of the company’s stock, valued at $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.21% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $50.23 on Wednesday. The company has a market capitalization of $25.84 billion, a price-to-earnings ratio of 68.81, a price-to-earnings-growth ratio of 0.47 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a one year low of $46.16 and a one year high of $82.74. The company’s 50-day moving average is $57.44 and its 200 day moving average is $63.29.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results 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). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the prior year, the company posted $1.40 EPS. The company’s quarterly revenue was up 8.2% on a year-over-year basis. 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. Sell-side analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.44 per share. The ex-dividend date is Tuesday, March 10th. This represents a $1.76 annualized dividend and a yield of 3.5%. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio (DPR) is 219.18%.

Analyst Ratings Changes

Several equities analysts have commented on FIS shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $70.00 price objective on shares of Fidelity National Information Services in a research report on Thursday, January 15th. JPMorgan Chase & Co. decreased their price target on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Cantor Fitzgerald began coverage on shares of Fidelity National Information Services in a research note on Tuesday, January 27th. They set an “overweight” rating and a $72.00 price objective on the stock. Wells Fargo & Company decreased their target price on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Finally, Truist Financial lowered their target price on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating for the company in a report on Tuesday. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services currently has an average rating of “Moderate Buy” and a consensus price target of $69.85.

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.