KLP Kapitalforvaltning AS Has $14.72 Million Stake in Fidelity National Information Services, Inc. $FIS

KLP Kapitalforvaltning AS boosted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 6.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 221,467 shares of the information technology services provider’s stock after buying an additional 13,100 shares during the period. KLP Kapitalforvaltning AS’s holdings in Fidelity National Information Services were worth $14,719,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FIS. Salomon & Ludwin LLC grew its stake in Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after buying an additional 194 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Fidelity National Information Services during the third quarter worth about $29,000. LRI Investments LLC boosted its stake in shares of Fidelity National Information Services by 613.1% in the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock valued at $29,000 after purchasing an additional 374 shares in the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at approximately $29,000. Finally, GoalVest Advisory LLC acquired a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $33,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Down 4.4%

NYSE:FIS opened at $45.75 on Friday. The firm’s 50 day simple moving average is $48.32 and its 200 day simple moving average is $58.35. 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, Inc. has a one year low of $43.29 and a one year high of $82.74. The company has a market cap of $23.53 billion, a PE ratio of 62.67, a P/E/G ratio of 0.47 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 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 business had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the prior year, the business earned $1.40 earnings per share. The firm’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. On average, research analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were given a dividend of $0.44 per share. The ex-dividend date was Tuesday, March 10th. This represents a $1.76 annualized dividend and a yield of 3.8%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio is 241.10%.

Insider Buying and Selling

In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average cost 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 approximately $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on FIS shares. Susquehanna reduced their price target on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Cantor Fitzgerald started coverage on shares of Fidelity National Information Services in a research note on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price target on the stock. Compass Point reduced their price target on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Wells Fargo & Company reduced their price target on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $70.00 price target on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Thirteen equities research 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.45.

About Fidelity National Information Services

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.