Counterpoint Mutual Funds LLC Purchases Shares of 101,185 Fidelity National Information Services, Inc. $FIS

Counterpoint Mutual Funds LLC acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 101,185 shares of the information technology services provider’s stock, valued at approximately $4,747,000. Fidelity National Information Services makes up 0.7% of Counterpoint Mutual Funds LLC’s portfolio, making the stock its 26th largest position.

A number of other hedge funds have also recently made changes to their positions in FIS. Nordea Investment Management AB lifted its holdings in shares of Fidelity National Information Services by 15.4% in the fourth quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock worth $96,048,000 after buying an additional 191,957 shares in the last quarter. Clear Trail Advisors LLC bought a new position in shares of Fidelity National Information Services during the fourth quarter worth $2,590,000. SG Americas Securities LLC grew its stake in Fidelity National Information Services by 702.1% during the fourth quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock valued at $38,283,000 after acquiring an additional 504,215 shares in the last quarter. Norges Bank purchased a new position in Fidelity National Information Services during the fourth quarter valued at $495,956,000. Finally, Brighton Jones LLC bought a new stake in Fidelity National Information Services in the 4th quarter valued at $347,000. Institutional investors own 96.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on FIS. Oppenheimer decreased their price target on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. TD Cowen reduced their target price on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Cantor Fitzgerald decreased their target price on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Truist Financial dropped their price target on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a research note on Thursday, May 28th. Finally, Keefe, Bruyette & Woods cut their price target on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Price Performance

FIS stock opened at $41.72 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $82.62. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The company has a fifty day simple moving average of $41.86 and a two-hundred day simple moving average of $50.11. The firm has a market capitalization of $21.56 billion, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. The business had revenue of $3.29 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 was up 30.1% on a year-over-year basis. During the same period last year, the company 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. Analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, June 11th. Fidelity National Information Services’s 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.