Clarkston Capital Partners LLC Grows Stock Position in Fidelity National Information Services, Inc. $FIS

Clarkston Capital Partners LLC grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 539.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 402,720 shares of the information technology services provider’s stock after purchasing an additional 339,720 shares during the quarter. Clarkston Capital Partners LLC’s holdings in Fidelity National Information Services were worth $26,765,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FIS. Brighton Jones LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter valued at about $347,000. Geneos Wealth Management Inc. increased its position in shares of Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at about $302,000. Marshall Wace LLP purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at about $4,896,000. Finally, Cresset Asset Management LLC increased its position in shares of Fidelity National Information Services by 20.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after purchasing an additional 901 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 2.1%

Fidelity National Information Services stock opened at $39.16 on Friday. The firm has a 50 day moving average of $44.20 and a 200 day moving average of $52.93. The firm has a market capitalization of $20.24 billion, a price-to-earnings ratio of 7.59, a P/E/G ratio of 0.38 and a beta of 0.78. Fidelity National Information Services, Inc. has a 12-month low of $37.91 and a 12-month high of $82.74. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) 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 net margin of 23.35% and a return on equity of 21.30%. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.21 EPS. 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is 34.11%.

Analyst Upgrades and Downgrades

FIS has been the subject of several research reports. Susquehanna reduced their price target on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Stephens reduced their price target on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Citigroup reduced their target price on shares of Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. Cantor Fitzgerald reduced their target price on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Finally, Weiss Ratings raised shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

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.