Fidelity National Information Services, Inc. $FIS Shares Sold by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC reduced its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 11.2% in the 4th quarter, HoldingsChannel reports. The fund owned 150,930 shares of the information technology services provider’s stock after selling 19,037 shares during the quarter. Fidelity National Information Services accounts for approximately 0.9% of Crescent Grove Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Crescent Grove Advisors LLC’s holdings in Fidelity National Information Services were worth $10,031,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC boosted its position in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 194 shares in the last quarter. Raiffeisen Bank International AG purchased a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at about $29,000. GoalVest Advisory LLC purchased a new stake in shares of Fidelity National Information Services in the 4th quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after purchasing an additional 362 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Fidelity National Information Services by 254.5% in the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after purchasing an additional 598 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Down 3.8%

FIS opened at $40.90 on Thursday. The business has a 50 day moving average price of $45.24 and a two-hundred day moving average price of $54.02. 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 market cap of $21.14 billion, a PE ratio of 7.93, a P/E/G ratio of 0.42 and a beta of 0.78. Fidelity National Information Services, Inc. has a 52 week low of $40.33 and a 52 week high of $82.74.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. The firm had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the business 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, research analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 4.3%. Fidelity National Information Services’s dividend payout ratio is currently 34.11%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on FIS shares. Wells Fargo & Company reduced their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Royal Bank Of Canada reduced their target price on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Oppenheimer reduced their target price on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Argus reduced their target price on 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. Finally, Truist Financial reduced their target price on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a report on Thursday, May 28th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

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.