Stonebrook Private Inc. Sells 16,728 Shares of Fidelity National Information Services, Inc. $FIS

Stonebrook Private Inc. reduced its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 66.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,494 shares of the information technology services provider’s stock after selling 16,728 shares during the quarter. Stonebrook Private Inc.’s holdings in Fidelity National Information Services were worth $565,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Alteri Wealth LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter worth $234,000. Marks Group Wealth Management Inc boosted its holdings in shares of Fidelity National Information Services by 12.2% during the 4th quarter. Marks Group Wealth Management Inc now owns 24,350 shares of the information technology services provider’s stock worth $1,618,000 after buying an additional 2,639 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Fidelity National Information Services during the 4th quarter worth $1,513,000. Capital Research Global Investors boosted its holdings in shares of Fidelity National Information Services by 0.6% during the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after buying an additional 172,356 shares during the period. Finally, Capital International Sarl bought a new stake in shares of Fidelity National Information Services during the 4th quarter worth $233,000. 96.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wolfe Research reduced their price objective on 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. Oppenheimer reduced their price objective on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Raymond James Financial reduced their price objective on 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. Wall Street Zen downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of 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 analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $61.33.

Fidelity National Information Services Price Performance

NYSE:FIS opened at $39.98 on Wednesday. The company has a 50-day moving average of $44.66 and a 200-day moving average of $53.37. The company has a market capitalization of $20.66 billion, a price-to-earnings ratio of 7.75, a PEG ratio of 0.39 and a beta of 0.78. Fidelity National Information Services, Inc. has a 52 week low of $38.80 and a 52 week high of $82.74. 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 (NYSE:FIS) last released 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 company had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, equities research 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

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.