Sequoia Financial Advisors LLC Has $1.21 Million Stock Position in Fidelity National Information Services, Inc. $FIS

Sequoia Financial Advisors LLC grew its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 91.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,756 shares of the information technology services provider’s stock after purchasing an additional 12,289 shares during the period. Sequoia Financial Advisors LLC’s holdings in Fidelity National Information Services were worth $1,208,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of FIS. Nordea Investment Management AB grew its position in Fidelity National Information Services by 15.4% in the fourth quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock valued at $96,048,000 after acquiring an additional 191,957 shares during the period. Clear Trail Advisors LLC acquired a new stake in shares of Fidelity National Information Services in the fourth quarter valued at $2,590,000. SG Americas Securities LLC raised its holdings in shares of Fidelity National Information Services by 702.1% in the fourth quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock valued at $38,283,000 after buying an additional 504,215 shares during the last quarter. Norges Bank acquired a new position in Fidelity National Information Services during the 4th quarter worth about $495,956,000. Finally, Brighton Jones LLC acquired a new position in Fidelity National Information Services during the 4th quarter worth about $347,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 3.5%

Shares of NYSE FIS opened at $42.55 on Friday. The stock has a market cap of $21.99 billion, a P/E ratio of 8.25, a P/E/G ratio of 0.40 and a beta of 0.80. The firm has a 50 day moving average price of $41.03 and a 200 day moving average price of $48.41. 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, Inc. has a 52-week low of $37.42 and a 52-week high of $82.62.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. The company had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period last year, the business posted $1.21 earnings per share. 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. Analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were given a dividend of $0.44 per share. 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 4.1%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

Analysts Set New Price Targets

FIS has been the subject of several research reports. Oppenheimer lowered their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. The Goldman Sachs Group decreased their price target on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Keefe, Bruyette & Woods dropped their price objective on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Royal Bank Of Canada decreased their price objective on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Finally, Stephens dropped their target price on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $58.77.

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.