Insider Buying: Fidelity National Information Services (NYSE:FIS) CEO Acquires 19,846 Shares of Stock

Fidelity National Information Services, Inc. (NYSE:FIS) CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction on Thursday, March 5th. The stock was purchased at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the purchase, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Fidelity National Information Services Stock Up 0.2%

Shares of NYSE:FIS traded up $0.10 during trading on Monday, reaching $51.59. 6,173,361 shares of the stock were exchanged, compared to its average volume of 5,672,117. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a 1-year low of $46.16 and a 1-year high of $82.74. The stock has a fifty day moving average of $56.13 and a two-hundred day moving average of $62.76. The firm has a market cap of $26.54 billion, a price-to-earnings ratio of 70.67, a price-to-earnings-growth ratio of 0.50 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.01). The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.40 EPS. 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. Research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 3.4%. This is a boost 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 (DPR) is currently 219.18%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on FIS shares. Susquehanna decreased their price target on 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. TD Cowen dropped their price objective on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Compass Point cut their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $70.00 target price on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Finally, Cantor Fitzgerald initiated coverage on shares of Fidelity National Information Services in a report on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 target price for the company. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $69.86.

Institutional Investors Weigh In On Fidelity National Information Services

A number of hedge funds have recently made changes to their positions in FIS. Brighton Jones LLC purchased a new stake in Fidelity National Information Services during the fourth quarter worth about $347,000. Geneos Wealth Management Inc. boosted its stake in Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after acquiring an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Fidelity National Information Services during the 2nd quarter valued at approximately $302,000. First Horizon Advisors Inc. increased its stake in shares of Fidelity National Information Services by 16.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,533 shares of the information technology services provider’s stock worth $206,000 after purchasing an additional 350 shares during the last quarter. Finally, Savant Capital LLC increased its stake in shares of Fidelity National Information Services by 11.8% during the 2nd quarter. Savant Capital LLC now owns 48,609 shares of the information technology services provider’s stock worth $3,957,000 after purchasing an additional 5,118 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors.

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.