Dimensional Fund Advisors LP Raises Stake in Fidelity National Information Services, Inc. $FIS

Dimensional Fund Advisors LP increased its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 7.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,905,115 shares of the information technology services provider’s stock after buying an additional 408,166 shares during the period. Dimensional Fund Advisors LP’s holdings in Fidelity National Information Services were worth $389,372,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FIS. Brighton Jones LLC purchased a new position in shares of Fidelity National Information Services during the fourth quarter worth approximately $347,000. Geneos Wealth Management Inc. grew its stake in Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after purchasing an additional 431 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Fidelity National Information Services during the 2nd quarter worth $302,000. Spire Wealth Management raised its position in Fidelity National Information Services by 1,396.3% during the 2nd quarter. Spire Wealth Management now owns 1,212 shares of the information technology services provider’s stock valued at $99,000 after purchasing an additional 1,131 shares in the last quarter. Finally, Keybank National Association OH lifted its holdings in shares of Fidelity National Information Services by 8.6% in the 2nd quarter. Keybank National Association OH now owns 4,573 shares of the information technology services provider’s stock worth $372,000 after buying an additional 361 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Raymond James Financial lowered their price objective on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Wolfe Research lowered their price target on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Cantor Fitzgerald initiated coverage on shares of Fidelity National Information Services in a report on Tuesday, January 27th. They set an “overweight” rating and a $72.00 price objective on the stock. BNP Paribas Exane reduced their price objective on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a research note on Tuesday, January 20th. Finally, Royal Bank Of Canada dropped their target price on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $69.85.

Fidelity National Information Services Stock Down 0.5%

Shares of FIS stock opened at $50.01 on Thursday. The stock’s fifty day moving average price is $57.09 and its 200 day moving average price is $63.19. Fidelity National Information Services, Inc. has a 1-year low of $46.16 and a 1-year high of $82.74. The company has a market cap of $25.73 billion, a price-to-earnings ratio of 68.51, 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 current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter last year, the business posted $1.40 earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. 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. On average, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

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

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein acquired 941 shares of the stock in a transaction dated Thursday, January 15th. The stock was acquired at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the purchase, the director owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.21% of the company’s stock.

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.