Mirae Asset Global Investments Co. Ltd. Acquires New Shares in Fidelity National Information Services, Inc. $FIS

Mirae Asset Global Investments Co. Ltd. bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 131,815 shares of the information technology services provider’s stock, valued at approximately $4,337,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Azzad Asset Management Inc. ADV increased its position in shares of Fidelity National Information Services by 2.0% in the first quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider’s stock valued at $591,000 after buying an additional 250 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in Fidelity National Information Services by 4.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock valued at $246,000 after acquiring an additional 290 shares in the last quarter. Signaturefd LLC grew its stake in Fidelity National Information Services by 4.7% during the 3rd quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock valued at $224,000 after acquiring an additional 303 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in Fidelity National Information Services by 0.3% in the 1st quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock valued at $5,399,000 after acquiring an additional 328 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Fidelity National Information Services by 4.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock valued at $256,000 after acquiring an additional 349 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 2.5%

Shares of NYSE FIS traded down $0.72 during mid-day trading on Friday, hitting $28.66. The company had a trading volume of 11,110,789 shares, compared to its average volume of 5,734,265. The company has a market capitalization of $14.82 billion, a PE ratio of 4.28, a price-to-earnings-growth ratio of 0.47 and a beta of 0.84. The business’s 50-day simple moving average is $36.23 and its 200 day simple moving average is $43.15. Fidelity National Information Services, Inc. has a 1-year low of $28.39 and a 1-year high of $68.37. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The firm had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period in the previous year, the firm posted $1.51 EPS. Fidelity National Information Services’s revenue for the quarter was up 27.1% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services, Inc. will post 5.89 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Stockholders of record on Monday, December 14th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey Goldstein acquired 1,585 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the transaction, the director owned 18,697 shares in the company, valued at approximately $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating on the stock in a research note on Tuesday, September 29th. JPMorgan Chase & Co. downgraded shares of Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 target price on the stock. in a research note on Wednesday. Raymond James Financial reiterated an “outperform” rating and set a $35.00 price target on shares of Fidelity National Information Services in a report on Wednesday. TD Cowen cut their target price on Fidelity National Information Services from $47.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, UBS Group reissued an “outperform” rating on shares of Fidelity National Information Services in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $42.20.

Read Our Latest Stock Analysis on FIS

Fidelity National Information Services News Roundup

Here are the key news stories impacting Fidelity National Information Services this week:

  • Neutral Sentiment: Some analysts still see potential upside: TD Cowen, Goldman Sachs and Keefe, Bruyette & Woods retained positive ratings, although each reduced its price target. TD Cowen rating
  • Negative Sentiment: FIS lowered its fiscal 2026 outlook, a key catalyst behind the selloff. The company also said CFO James Kehoe will step down, with Alexandra Brooks named interim CFO—adding uncertainty during a period of weaker expectations. FIS outlook and CFO transition
  • Negative Sentiment: Analyst sentiment has broadly weakened. Argus and Wolfe Research cut their ratings to Hold; Bank of America, JPMorgan, RBC and others also moved to more cautious ratings. UBS, Citi, Barclays, Piper Sandler and several peers lowered price targets, signaling reduced expectations. Argus downgrade
  • Negative Sentiment: Bank of America cited the possibility of delayed capital returns as an additional concern, while shareholder-law firms announced investigations into potential securities claims. These notices are not findings of wrongdoing, but may add reputational and legal uncertainty. BofA downgrade and capital-return concern

About Fidelity National Information Services

(Free Report)

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.

See Also

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Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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