KLP Kapitalforvaltning AS Purchases 13,100 Shares of Fidelity National Information Services, Inc. $FIS

KLP Kapitalforvaltning AS grew its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 6.3% in the 4th quarter, Holdings Channel reports. The firm owned 221,467 shares of the information technology services provider’s stock after acquiring an additional 13,100 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Fidelity National Information Services were worth $14,719,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FIS. Brighton Jones LLC bought a new position in Fidelity National Information Services during the 4th quarter worth approximately $347,000. Geneos Wealth Management Inc. raised its holdings in Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Fidelity National Information Services during the 2nd quarter worth approximately $302,000. Marshall Wace LLP bought a new position in Fidelity National Information Services during the 2nd quarter worth approximately $4,896,000. Finally, Cresset Asset Management LLC increased its stake in shares of Fidelity National Information Services by 20.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after acquiring an additional 901 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on FIS shares. UBS Group lowered their price objective on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Wolfe Research lowered their price objective on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Royal Bank Of Canada lowered their price objective on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $70.00 price objective on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Finally, Compass Point lowered their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research note on Tuesday, January 13th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.45.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $45.75 on Friday. The firm has a market capitalization of $23.53 billion, a PE ratio of 62.67, a price-to-earnings-growth ratio of 0.47 and a beta of 0.90. The firm has a fifty day simple moving average of $48.32 and a two-hundred day simple moving average of $58.35. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a 12 month low of $43.29 and a 12 month high of $82.74.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.44 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date was Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a yield of 3.8%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 241.10%.

Insider Buying and Selling

In other Fidelity National Information Services news, CEO Stephanie Ferris purchased 19,846 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was acquired at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the purchase, the chief executive officer owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This trade represents a 7.59% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Company 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.