Fidelity National Information Services, Inc. $FIS Shares Sold by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC trimmed its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 16.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 115,583 shares of the information technology services provider’s stock after selling 22,895 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Fidelity National Information Services were worth $7,622,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. NewSquare Capital LLC raised its position in Fidelity National Information Services by 115.1% during the second quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 191 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Fidelity National Information Services in the third quarter valued at approximately $29,000. LRI Investments LLC increased its stake in shares of Fidelity National Information Services by 613.1% during the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in shares of Fidelity National Information Services during the 3rd quarter worth approximately $29,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Fidelity National Information Services during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 941 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was bought at an average price of $64.11 per share, with a total value of $60,327.51. Following the completion of the transaction, the director directly owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Argus lowered their target price on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Stephens decreased their price objective on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Wells Fargo & Company cut 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. Finally, JPMorgan Chase & Co. decreased their price target on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.85.

Fidelity National Information Services Stock Up 1.7%

Shares of FIS opened at $51.44 on Friday. Fidelity National Information Services, Inc. has a fifty-two week low of $46.16 and a fifty-two week high of $82.74. The company’s fifty day moving average is $56.45 and its two-hundred day moving average is $62.98. The firm has a market cap of $26.46 billion, a PE ratio of 70.47, a price-to-earnings-growth ratio of 0.49 and a beta of 0.90. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share 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 firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same period last year, the business posted $1.40 earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. 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. Analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.4%. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio is presently 219.18%.

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.