Fidelity National Information Services, Inc. $FIS Shares Bought by CIBC Asset Management Inc

CIBC Asset Management Inc raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 32.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,469 shares of the information technology services provider’s stock after acquiring an additional 41,974 shares during the period. CIBC Asset Management Inc’s holdings in Fidelity National Information Services were worth $11,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. BOKF NA grew its stake in Fidelity National Information Services by 0.6% in the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after acquiring an additional 159 shares during the period. Fiduciary Trust Co grew its stake in Fidelity National Information Services by 4.9% in the 3rd quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock worth $228,000 after acquiring an additional 161 shares during the period. FJ Capital Management LLC grew its stake in Fidelity National Information Services by 4.7% in the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after acquiring an additional 163 shares during the period. Spire Wealth Management grew its stake in Fidelity National Information Services by 15.6% in the 4th quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock worth $86,000 after acquiring an additional 175 shares during the period. Finally, Michels Family Financial LLC grew its stake in Fidelity National Information Services by 2.9% in the 3rd quarter. Michels Family Financial LLC now owns 6,905 shares of the information technology services provider’s stock worth $455,000 after acquiring an additional 194 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $41.03 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a fifty-two week low of $40.33 and a fifty-two week high of $82.74. The firm has a 50-day simple moving average of $44.96 and a 200 day simple moving average of $53.77. The company has a market cap of $21.21 billion, a PE ratio of 7.95, a P/E/G ratio of 0.41 and a beta of 0.78.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the firm earned $1.21 EPS. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. On average, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th 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 4.3%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is currently 34.11%.

Wall Street Analyst Weigh In

FIS has been the subject of several recent analyst reports. Truist Financial lowered their target price on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a research note on Thursday, May 28th. Citigroup lowered their target price on shares of Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Wells Fargo & Company lowered 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. Cantor Fitzgerald decreased their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Finally, UBS Group decreased their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

Fidelity National Information Services Company 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.