Fidelity National Information Services, Inc. $FIS Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 2.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 896,460 shares of the information technology services provider’s stock after selling 21,389 shares during the period. California State Teachers Retirement System owned about 0.17% of Fidelity National Information Services worth $42,053,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC raised its position in Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 194 shares in the last quarter. MBM Wealth Consultants LLC acquired a new position in shares of Fidelity National Information Services during the first quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the period. Reflection Asset Management acquired a new stake in Fidelity National Information Services in the fourth quarter valued at approximately $34,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Fidelity National Information Services in the fourth quarter worth approximately $42,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Wall Street Analysts Forecast Growth

FIS has been the topic of a number of analyst reports. BNP Paribas Exane cut their price target on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Stephens dropped their price objective on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Cantor Fitzgerald cut their target price on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Weiss Ratings upgraded Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Finally, Truist Financial lowered their price target on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $58.68.

Fidelity National Information Services Trading Down 2.5%

Shares of FIS opened at $44.83 on Friday. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $80.99. The company has a market capitalization of $23.17 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 0.45 and a beta of 0.80. The stock has a fifty day moving average of $41.06 and a two-hundred day moving average of $46.71. 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. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period last year, the business posted $1.21 EPS. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. 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, analysts forecast that Fidelity National Information Services, Inc. will post 6.27 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 annualized dividend and a dividend yield of 3.9%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

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.