Swiss National Bank Lowers Stock Holdings in Fidelity National Information Services, Inc. $FIS

Swiss National Bank cut its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 5.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,514,446 shares of the information technology services provider’s stock after selling 89,000 shares during the period. Swiss National Bank owned about 0.29% of Fidelity National Information Services worth $99,863,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FIS. WINTON GROUP Ltd purchased a new position in Fidelity National Information Services in the 3rd quarter valued at approximately $9,423,000. ProVise Management Group LLC raised its stake in shares of Fidelity National Information Services by 1.0% in the third quarter. ProVise Management Group LLC now owns 48,152 shares of the information technology services provider’s stock valued at $3,175,000 after acquiring an additional 456 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in Fidelity National Information Services in the third quarter valued at $3,825,000. Korea Investment CORP grew its stake in Fidelity National Information Services by 0.6% during the 3rd quarter. Korea Investment CORP now owns 225,424 shares of the information technology services provider’s stock worth $14,864,000 after purchasing an additional 1,392 shares in the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich purchased a new stake in Fidelity National Information Services during the 3rd quarter worth about $6,895,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 2.1%

FIS stock opened at $50.54 on Wednesday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The company’s 50 day moving average is $55.80 and its two-hundred day moving average is $62.61. The stock has a market cap of $26.00 billion, a P/E ratio of 69.23, a PEG ratio of 0.50 and a beta of 0.90. Fidelity National Information Services, Inc. has a twelve month low of $46.16 and a twelve month high of $82.74.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share 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 company had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same period last year, the firm earned $1.40 earnings per share. Fidelity National Information Services’s 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. 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, March 10th. Fidelity National Information Services’s payout ratio is 219.18%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods decreased their price objective on Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. TD Cowen decreased their price target on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Wells Fargo & Company dropped their price objective on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Stephens reduced their price objective on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Finally, Wolfe Research lowered their target price on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Fourteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $69.86.

Insiders Place Their Bets

In other Fidelity National Information Services news, CEO Stephanie Ferris purchased 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jeffrey A. Goldstein acquired 941 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was acquired 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 owned 14,529 shares of the company’s stock, valued at $931,454.19. This trade represents a 6.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 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.