Richard Bernstein Advisors LLC Trims Stock Position in Fidelity National Information Services, Inc. $FIS

Richard Bernstein Advisors LLC trimmed its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 45.3% in the third quarter, Holdings Channel reports. The fund owned 24,274 shares of the information technology services provider’s stock after selling 20,122 shares during the period. Richard Bernstein Advisors LLC’s holdings in Fidelity National Information Services were worth $1,601,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of FIS. Capital International Investors raised its stake in shares of Fidelity National Information Services by 0.7% during the third quarter. Capital International Investors now owns 1,704,986 shares of the information technology services provider’s stock worth $112,427,000 after purchasing an additional 11,434 shares during the last quarter. Bank of Montreal Can increased its stake in Fidelity National Information Services by 5.2% in the 3rd quarter. Bank of Montreal Can now owns 400,392 shares of the information technology services provider’s stock valued at $26,402,000 after buying an additional 19,944 shares during the period. Legal & General Group Plc increased its stake in Fidelity National Information Services by 0.6% in the 3rd quarter. Legal & General Group Plc now owns 3,702,445 shares of the information technology services provider’s stock valued at $244,139,000 after buying an additional 22,097 shares during the period. Vestcor Inc raised its position in Fidelity National Information Services by 16.0% during the 3rd quarter. Vestcor Inc now owns 60,047 shares of the information technology services provider’s stock worth $3,959,000 after buying an additional 8,285 shares during the last quarter. Finally, Fieldview Capital Management LLC acquired a new stake in shares of Fidelity National Information Services in the 3rd quarter worth $891,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Trading Down 2.1%

Shares of FIS stock opened at $50.54 on Wednesday. The firm has a market capitalization of $26.00 billion, a PE ratio of 69.23, a price-to-earnings-growth ratio of 0.50 and a beta of 0.90. The stock has a fifty day moving average of $55.80 and a two-hundred day moving average of $62.61. Fidelity National Information Services, Inc. has a 1 year low of $46.16 and a 1 year high of $82.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.01). The firm had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.Fidelity National Information Services’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.40 EPS. 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. As a group, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors 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. The ex-dividend date is Tuesday, March 10th. This represents a $1.76 annualized dividend and a dividend yield of 3.5%. Fidelity National Information Services’s payout ratio is currently 219.18%.

Key Stories Impacting Fidelity National Information Services

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

• Positive Sentiment: CEO Stephanie Ferris bought 19,846 shares (~$1.0M at ~$50.39), increasing her stake — a direct insider vote of confidence that can support the stock. Insider Buying: Fidelity National Information Services (NYSE:FIS) CEO Purchases 19,846 Shares of Stock
• Positive Sentiment: Goldman Sachs initiated coverage with a Buy and $70 price target, implying ~38% upside from current levels — a notable institutional vote that can attract buyers. Fidelity National Information Services is now covered by The Goldman Sachs Group, Inc.
• Positive Sentiment: Company recently raised the quarterly dividend to $0.44 (annualized $1.76, ~3.4% yield) — supportive for income‑oriented shareholders. Fidelity National Information Services Price Performance
• Neutral Sentiment: FIS will present at Wells Fargo’s Payments & Fintech Symposium (Mar 18) and recently spoke at Wolfe Research FinTech Forum — events that provide management updates and can move the stock if new guidance or wins are announced. FIS to Present at Upcoming Conference FIS Presents at Wolfe Research FinTech Forum Transcript
• Neutral Sentiment: FIS priced multicurrency senior notes (debt issuance) — standard funding action; watch use of proceeds and cost of debt for leverage/interest‑coverage implications. Fidelity National Information Services Prices Multicurrency Senior Notes
• Neutral Sentiment: Coverage and comparison pieces (e.g., vs. peers Corpay, OppFi) keep FIS in analysts’ screens but are informational rather than immediate drivers. Head to Head Contrast: FIS & Corpay
• Negative Sentiment: Analyst actions have been mixed: several firms trimmed targets (TD Cowen, Wells Fargo, Citi cuts noted) and Market commentary points to FIS underperforming the wider technology sector — pressure from multiple target reductions and sector weakness is likely weighing on the stock today. Fidelity National Information Services Stock: Is FIS Underperforming the Technology Sector?

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FIS shares. Wolfe Research cut their target price on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Raymond James Financial cut 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 report on Wednesday, February 25th. Cantor Fitzgerald assumed coverage on Fidelity National Information Services in a report on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 target price on the stock. Wells Fargo & Company decreased their price objective on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Finally, TD Cowen decreased 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 report on Wednesday, February 25th. Fourteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.86.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein acquired 941 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were purchased at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the purchase, the director owned 14,529 shares in the company, valued at $931,454.19. This represents a 6.93% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Stephanie Ferris purchased 19,846 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was bought at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the purchase, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at $14,182,668.62. The trade was a 7.59% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by corporate insiders.

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.