Lyrical Asset Management LP Trims Position in Fidelity National Information Services, Inc. $FIS

Lyrical Asset Management LP trimmed its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 4.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,814,885 shares of the information technology services provider’s stock after selling 198,505 shares during the period. Fidelity National Information Services accounts for approximately 3.5% of Lyrical Asset Management LP’s portfolio, making the stock its 11th largest position. Lyrical Asset Management LP’s holdings in Fidelity National Information Services were worth $253,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FIS. Salomon & Ludwin LLC raised its holdings in shares of Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares during the last quarter. Raiffeisen Bank International AG purchased a new stake in shares of Fidelity National Information Services in the third quarter valued at about $29,000. GoalVest Advisory LLC purchased a new position in Fidelity National Information Services during the fourth quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after purchasing an additional 362 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in Fidelity National Information Services by 254.5% during the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after purchasing an additional 598 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FIS shares. Argus cut their price target on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Susquehanna cut their price target on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. UBS Group cut their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. Cantor Fitzgerald cut their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Finally, Royal Bank Of Canada cut their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Trading Up 0.2%

Shares of Fidelity National Information Services stock opened at $41.03 on Monday. Fidelity National Information Services, Inc. has a 12-month low of $40.33 and a 12-month high of $82.74. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The stock has a market cap of $21.20 billion, a PE ratio of 7.95, a price-to-earnings-growth ratio of 0.40 and a beta of 0.78. The company has a 50-day moving average of $44.96 and a two-hundred day moving average of $53.70.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) 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 company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period last year, the company posted $1.21 earnings per share. The firm’s quarterly revenue 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, research analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

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

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.