Fidelity National Information Services, Inc. $FIS Shares Sold by London Co. of Virginia

London Co. of Virginia reduced its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 53.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,641,565 shares of the information technology services provider’s stock after selling 3,084,787 shares during the quarter. London Co. of Virginia owned 0.51% of Fidelity National Information Services worth $174,185,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Dodge & Cox increased its stake in Fidelity National Information Services by 22.2% in the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock valued at $2,842,357,000 after buying an additional 7,830,710 shares during the period. Norges Bank acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter worth $624,858,000. Balyasny Asset Management L.P. boosted its holdings in shares of Fidelity National Information Services by 585.9% in the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after acquiring an additional 2,852,118 shares in the last quarter. Mizuho Markets Americas LLC boosted its holdings in shares of Fidelity National Information Services by 49.1% in the third quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider’s stock valued at $303,929,000 after acquiring an additional 1,518,200 shares in the last quarter. Finally, Boston Partners increased its stake in shares of Fidelity National Information Services by 10.5% during the second quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock worth $958,537,000 after acquiring an additional 1,122,181 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 1.5%

FIS stock opened at $50.45 on Tuesday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The company’s 50-day moving average price is $54.49 and its 200 day moving average price is $62.04. Fidelity National Information Services, Inc. has a 52 week low of $46.16 and a 52 week high of $82.74. The company has a market cap of $25.95 billion, a P/E ratio of 69.10, a P/E/G ratio of 0.49 and a beta of 0.90.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The company 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% on a year-over-year basis. 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. On average, research analysts expect 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a dividend of $0.44 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 10th. Fidelity National Information Services’s payout ratio is presently 241.10%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wolfe Research cut their price target on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Keefe, Bruyette & Woods dropped their target price on Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. JPMorgan Chase & Co. cut their target price on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Finally, UBS Group dropped their price objective on Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Fourteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.86.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein purchased 941 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was acquired at an average price of $64.11 per share, with a total value of $60,327.51. Following the purchase, the director directly owned 14,529 shares of the company’s stock, valued at $931,454.19. This represents a 6.93% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

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.