Twin City Private Wealth LLC Raises Holdings in Fidelity National Information Services, Inc. $FIS

Twin City Private Wealth LLC raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 77.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 38,730 shares of the information technology services provider’s stock after acquiring an additional 16,859 shares during the period. Fidelity National Information Services comprises 1.4% of Twin City Private Wealth LLC’s holdings, making the stock its 25th largest position. Twin City Private Wealth LLC’s holdings in Fidelity National Information Services were worth $1,817,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in FIS. Argent Advisors Inc. raised its holdings in Fidelity National Information Services by 128.3% during the 1st quarter. Argent Advisors Inc. now owns 35,609 shares of the information technology services provider’s stock valued at $1,670,000 after buying an additional 20,009 shares during the last quarter. USS Investment Management Ltd increased its position in shares of Fidelity National Information Services by 4.2% in the first quarter. USS Investment Management Ltd now owns 98,220 shares of the information technology services provider’s stock valued at $4,609,000 after acquiring an additional 3,933 shares during the period. Rexford Capital Inc. raised its stake in shares of Fidelity National Information Services by 16.1% during the first quarter. Rexford Capital Inc. now owns 1,656 shares of the information technology services provider’s stock valued at $78,000 after acquiring an additional 230 shares during the last quarter. Ellenbecker Investment Group boosted its holdings in shares of Fidelity National Information Services by 26.6% during the first quarter. Ellenbecker Investment Group now owns 5,108 shares of the information technology services provider’s stock worth $239,000 after purchasing an additional 1,072 shares during the period. Finally, Caliber Wealth Management LLC KS boosted its holdings in shares of Fidelity National Information Services by 7.2% during the first quarter. Caliber Wealth Management LLC KS now owns 44,554 shares of the information technology services provider’s stock worth $2,090,000 after purchasing an additional 2,999 shares during the period. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Fidelity National Information Services stock opened at $40.78 on Thursday. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month 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 market capitalization of $21.08 billion, a P/E ratio of 7.90, a PEG ratio of 0.38 and a beta of 0.80. The stock’s 50 day moving average is $42.10 and its 200 day moving average is $50.35.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. The company had revenue of $3.29 billion for 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%. Fidelity National Information Services’s revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, equities research analysts predict that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.3%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. TD Cowen reduced their price target 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. Weiss Ratings upgraded Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Oppenheimer reduced their target price on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Finally, Stephens decreased their target price on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

Fidelity National Information Services 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.