Fidelity National Information Services, Inc. $FIS Shares Sold by Invenomic Capital Management LP

Invenomic Capital Management LP lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 7.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,426 shares of the information technology services provider’s stock after selling 10,474 shares during the quarter. Invenomic Capital Management LP’s holdings in Fidelity National Information Services were worth $8,930,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Raiffeisen Bank International AG acquired a new stake in Fidelity National Information Services during the 3rd quarter valued at $29,000. LRI Investments LLC lifted its stake in shares of Fidelity National Information Services by 613.1% in the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 374 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Fidelity National Information Services in the third quarter worth about $29,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Fidelity National Information Services during the 3rd quarter valued at approximately $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Fidelity National Information Services during the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 0.9%

Fidelity National Information Services stock opened at $49.69 on Monday. Fidelity National Information Services, Inc. has a 1 year low of $46.16 and a 1 year high of $82.74. The firm’s 50-day moving average is $54.81 and its 200-day moving average is $62.18. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market cap of $25.56 billion, a P/E ratio of 68.06, a PEG ratio of 0.49 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the company earned $1.40 EPS. Fidelity National Information Services’s quarterly revenue was up 8.2% on a year-over-year basis. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. On average, equities analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a $0.44 dividend. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio is 241.10%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. TD Cowen reduced their target price on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Raymond James Financial reduced their price objective on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Argus decreased their price objective on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Thursday, January 22nd. Finally, Keefe, Bruyette & Woods decreased their price target on Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $69.86.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was bought at an average cost of $64.11 per share, with a total value of $60,327.51. Following the acquisition, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the acquisition, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This represents a 7.59% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.21% of the company’s stock.

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.