Fidelity National Information Services, Inc. $FIS Stock Holdings Lowered by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 3.7% during the 3rd quarter, Holdings Channel reports. The fund owned 1,135,752 shares of the information technology services provider’s stock after selling 43,782 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Fidelity National Information Services were worth $37,366,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of FIS. Azzad Asset Management Inc. ADV lifted its stake in shares of Fidelity National Information Services by 2.0% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider’s stock valued at $591,000 after purchasing an additional 250 shares during the period. Dynamic Advisor Solutions LLC raised its position in Fidelity National Information Services by 4.8% in the second quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock valued at $246,000 after purchasing an additional 290 shares during the period. Signaturefd LLC lifted its holdings in shares of Fidelity National Information Services by 4.7% in the 3rd quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock worth $224,000 after acquiring an additional 303 shares during the last quarter. Bleakley Financial Group LLC grew its stake in shares of Fidelity National Information Services by 0.3% in the first quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock valued at $5,399,000 after buying an additional 328 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Fidelity National Information Services by 4.7% in the third quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock valued at $256,000 after purchasing an additional 349 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Trading Down 23.4%

Shares of NYSE FIS opened at $29.87 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services, Inc. has a 1-year low of $29.15 and a 1-year high of $68.37. The company has a market cap of $15.44 billion, a PE ratio of 4.59, a P/E/G ratio of 0.46 and a beta of 0.84. The company has a 50-day moving average of $36.70 and a two-hundred day moving average of $43.48.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period last year, the business earned $1.51 earnings per share. The firm’s revenue was up 27.1% on a year-over-year basis. As a group, equities analysts expect that Fidelity National Information Services, Inc. will post 6.20 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Stockholders of record on Monday, December 14th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, December 14th. Fidelity National Information Services’s payout ratio is currently 27.04%.

Analysts Set New Price Targets

A number of analysts recently issued reports on FIS shares. Piper Sandler began coverage on Fidelity National Information Services in a research report on Friday, September 11th. They issued a “neutral” rating and a $42.00 target price for the company. Raymond James Financial reaffirmed an “outperform” rating and set a $35.00 price objective on shares of Fidelity National Information Services in a research note on Wednesday. Citigroup lowered their price target on shares of Fidelity National Information Services from $45.00 to $39.00 and set a “neutral” rating for the company in a report on Friday, October 16th. Robert W. Baird lowered their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research note on Friday, September 25th. Finally, Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Ten research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Hold” and a consensus target price of $46.96.

More Fidelity National Information Services News

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: FIS reported Q3 adjusted EPS of $1.61 versus the $1.60 consensus, while revenue of $3.45 billion topped estimates of $3.43 billion and rose 27.1% year over year. Banking strength supported the results. FIS Q3 results
• Negative Sentiment: The company cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also lowered its pro forma Banking Solutions revenue-growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions, project timing and increased technology spending. Banking growth outlook
• Negative Sentiment: Reports highlighted a soft fourth-quarter outlook on an organic basis. FIS is also halting share buybacks and some M&A as it focuses on deleveraging, making slower growth more concerning given its debt burden. Buybacks and M&A
• Negative Sentiment: CFO James Kehoe will step down effective November 5, with Alexandra Brooks named interim CFO. The transition adds uncertainty amid the outlook reset. JPMorgan, William Blair and Oppenheimer also downgraded the stock. CFO transition
• Neutral Sentiment: Levi & Korsinsky announced an investigation on behalf of shareholders who lost money following the outlook cut. The notice is an investigation announcement, not a finding of wrongdoing. Investigation notice

Insiders Place Their Bets

In other news, Director Jeffrey Goldstein purchased 1,585 shares of the business’s stock in a transaction on Thursday, October 15th. The shares were acquired at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the acquisition, the director owned 18,697 shares in the company, valued at approximately $680,570.80. The trade was a 9.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

About Fidelity National Information Services

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.