Prudential PLC Has $3.41 Million Holdings in Fidelity National Information Services, Inc. $FIS

Prudential PLC lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 60.3% in the 4th quarter, HoldingsChannel reports. The fund owned 51,249 shares of the information technology services provider’s stock after selling 77,847 shares during the quarter. Prudential PLC’s holdings in Fidelity National Information Services were worth $3,406,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Dodge & Cox grew its position in shares of Fidelity National Information Services by 22.2% during the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after buying an additional 7,830,710 shares during the period. Invesco Ltd. grew its position in shares of Fidelity National Information Services by 5.6% during the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after buying an additional 448,712 shares during the period. Norges Bank acquired a new stake in shares of Fidelity National Information Services during the 4th quarter worth approximately $495,956,000. Dimensional Fund Advisors LP grew its position in shares of Fidelity National Information Services by 7.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,905,115 shares of the information technology services provider’s stock worth $389,372,000 after buying an additional 408,166 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Fidelity National Information Services by 0.6% during the 3rd quarter. Legal & General Group Plc now owns 3,702,445 shares of the information technology services provider’s stock worth $244,139,000 after buying an additional 22,097 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 1.1%

Shares of NYSE FIS opened at $41.03 on Friday. The stock has a market cap of $21.21 billion, a P/E ratio of 7.95, a P/E/G ratio of 0.40 and a beta of 0.78. The firm has a 50 day moving average price of $44.96 and a 200 day moving average price of $53.77. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a 52-week low of $40.33 and a 52-week high of $82.74.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The firm had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. Fidelity National Information Services’s payout ratio is currently 34.11%.

Wall Street Analysts Forecast Growth

FIS has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Raymond James Financial lowered their price target on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. TD Cowen lowered their price target on shares of Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Argus lowered their price target on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, BNP Paribas Exane decreased their price objective on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $61.33.

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.