Havemeyer Place LP Buys New Position in Fidelity National Information Services, Inc. $FIS

Havemeyer Place LP bought a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 28,732 shares of the information technology services provider’s stock, valued at approximately $1,910,000.

Other hedge funds also recently modified their holdings of the company. Dodge & Cox boosted its position in Fidelity National Information Services by 22.2% in the third quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after purchasing an additional 7,830,710 shares during the last quarter. Invesco Ltd. boosted its position in Fidelity National Information Services by 5.6% in the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after purchasing an additional 448,712 shares during the last quarter. Norges Bank purchased a new position in Fidelity National Information Services in the fourth quarter worth $495,956,000. Dimensional Fund Advisors LP boosted its position in Fidelity National Information Services by 7.4% in the third quarter. Dimensional Fund Advisors LP now owns 5,905,115 shares of the information technology services provider’s stock worth $389,372,000 after purchasing an additional 408,166 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in Fidelity National Information Services by 0.6% in the third quarter. Legal & General Group Plc now owns 3,702,445 shares of the information technology services provider’s stock worth $244,139,000 after purchasing an additional 22,097 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Weiss Ratings raised Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Raymond James Financial cut their price objective on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Wolfe Research cut their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft dropped their price target on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Finally, Oppenheimer dropped their price target on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $41.03 on Friday. The stock’s 50-day simple moving average is $44.96 and its 200 day simple moving average is $53.77. The stock has a market capitalization of $21.21 billion, a price-to-earnings ratio of 7.95, a price-to-earnings-growth ratio of 0.40 and a beta of 0.78. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a 52-week low of $40.33 and a 52-week high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. The business had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.21 EPS. 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. Research analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is currently 34.11%.

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.