Fidelity National Information Services, Inc. $FIS Shares Sold by TD Asset Management Inc

TD Asset Management Inc decreased its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 15.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 236,294 shares of the information technology services provider’s stock after selling 42,979 shares during the quarter. TD Asset Management Inc’s holdings in Fidelity National Information Services were worth $15,704,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Salomon & Ludwin LLC raised its holdings in Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares during the period. Raiffeisen Bank International AG purchased a new stake in Fidelity National Information Services during the 3rd quarter worth approximately $29,000. GoalVest Advisory LLC purchased a new stake in Fidelity National Information Services during the 4th quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Fidelity National Information Services by 251.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in Fidelity National Information Services by 254.5% during the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after buying an additional 598 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Ratings Changes

FIS has been the subject of several research reports. UBS Group cut their price objective on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Keefe, Bruyette & Woods cut their price objective on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. The Goldman Sachs Group cut their price objective on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Susquehanna cut their price objective on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Finally, Wolfe Research cut their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $61.33.

Fidelity National Information Services Trading Down 3.5%

Shares of Fidelity National Information Services stock opened at $39.54 on Tuesday. The firm has a market capitalization of $20.44 billion, a price-to-earnings ratio of 7.66, a PEG ratio of 0.40 and a beta of 0.79. Fidelity National Information Services, Inc. has a fifty-two week low of $39.52 and a fifty-two week high of $82.74. 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 stock has a 50 day moving average of $44.80 and a 200 day moving average of $53.53.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.21 earnings per share. 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, research analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.5%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is presently 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.