SEB Asset Management AB Takes $4.91 Million Position in Fidelity National Information Services, Inc. $FIS

SEB Asset Management AB purchased a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 104,667 shares of the information technology services provider’s stock, valued at approximately $4,910,000.

A number of other hedge funds also recently added to or reduced their stakes in FIS. BOKF NA lifted its position 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 valued at $1,848,000 after acquiring an additional 159 shares in the last quarter. Fiduciary Trust Co increased its holdings in shares of 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 purchasing an additional 161 shares in the last quarter. FJ Capital Management LLC raised its stake in shares of Fidelity National Information Services by 4.7% in the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after purchasing an additional 163 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of Fidelity National Information Services by 15.6% during the fourth quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock valued at $86,000 after purchasing an additional 175 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its holdings in shares of 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 valued at $26,000 after purchasing an additional 194 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on FIS. BNP Paribas Exane reduced their price objective on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Cantor Fitzgerald dropped 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. Royal Bank Of Canada reduced 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 research note on Friday, May 8th. Barclays started coverage on shares of Fidelity National Information Services in a research report on Wednesday, July 8th. They set an “equal weight” rating and a $44.00 price objective on the stock. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $58.77.

Fidelity National Information Services Stock Down 2.7%

FIS stock opened at $40.48 on Thursday. The company has a market cap of $20.92 billion, a price-to-earnings ratio of 7.84, a P/E/G ratio of 0.41 and a beta of 0.80. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The business’s 50-day moving average is $40.92 and its two-hundred day moving average is $47.69. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $82.62.

Fidelity National Information Services (NYSE:FIS) last released its quarterly 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 return on equity of 21.30% and a net margin of 23.35%.The business had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the company posted $1.21 EPS. The business’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. As a group, analysts forecast that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was 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.