Fidelity National Information Services, Inc. $FIS Stock: Pictet Asset Management Holding SA Increases Position

Pictet Asset Management Holding SA increased its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 10.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 363,205 shares of the information technology services provider’s stock after purchasing an additional 35,615 shares during the period. Pictet Asset Management Holding SA’s holdings in Fidelity National Information Services were worth $11,950,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FIS. Parallel Advisors LLC lifted its position in Fidelity National Information Services by 112.6% during the 3rd quarter. Parallel Advisors LLC now owns 11,909 shares of the information technology services provider’s stock worth $392,000 after acquiring an additional 6,308 shares during the period. Alps Advisors Inc. raised its position in Fidelity National Information Services by 71.8% during the 3rd quarter. Alps Advisors Inc. now owns 37,942 shares of the information technology services provider’s stock worth $1,248,000 after buying an additional 15,860 shares during the last quarter. CenterBook Partners LP boosted its holdings in shares of Fidelity National Information Services by 2,253.2% in the 3rd quarter. CenterBook Partners LP now owns 223,864 shares of the information technology services provider’s stock valued at $7,365,000 after acquiring an additional 214,351 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Fidelity National Information Services by 16.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 98,407 shares of the information technology services provider’s stock worth $3,238,000 after purchasing an additional 13,753 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its holdings in shares of Fidelity National Information Services by 8.8% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 7,671 shares of the information technology services provider’s stock valued at $252,000 after buying an additional 621 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insider Activity

In other Fidelity National Information Services news, Director Kourtney Gibson acquired 1,800 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The stock was purchased at an average price of $29.00 per share, for a total transaction of $52,200.00. Following the completion of the acquisition, the director owned 5,903 shares of the company’s stock, valued at approximately $171,187. This trade represents a 43.87% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey Goldstein purchased 1,585 shares of the firm’s stock in a transaction on 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 directly owned 18,697 shares in the company, valued at $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FIS has been the topic of a number of analyst reports. Keefe, Bruyette & Woods dropped their target price on Fidelity National Information Services from $50.00 to $42.00 and set an “outperform” rating on the stock in a research report on Thursday, November 5th. Oppenheimer cut shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 4th. The Goldman Sachs Group cut their target price on shares of Fidelity National Information Services from $44.00 to $35.00 and set a “buy” rating for the company in a research note on Thursday, November 5th. Weiss Ratings lowered Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 10th. Finally, Royal Bank Of Canada downgraded Fidelity National Information Services from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from $53.00 to $37.00 in a research report on Thursday, November 5th. Six analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $41.12.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $28.39 on Friday. The company’s 50 day simple moving average is $35.24 and its 200-day simple moving average is $42.52. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.55 and a current ratio of 0.55. Fidelity National Information Services, Inc. has a 1 year low of $27.93 and a 1 year high of $68.37. The company has a market capitalization of $14.63 billion, a price-to-earnings ratio of 4.93, a price-to-earnings-growth ratio of 0.38 and a beta of 0.84.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.01. Fidelity National Information Services had a return on equity of 20.42% and a net margin of 26.77%. The company had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same quarter in the previous year, the company earned $1.51 earnings per share. The firm’s quarterly revenue was up 27.1% compared to the same quarter last year. As a group, equities research analysts expect that Fidelity National Information Services, Inc. will post 5.85 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 28th. Shareholders of record on Monday, December 14th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Monday, December 14th. Fidelity National Information Services’s payout ratio is currently 26.27%.

Trending Headlines about Fidelity National Information Services

These are some of the FIS headlines that stood out recently:

• Negative Sentiment: Truist cut its price target to $31 from $37 and maintained a Hold rating. Bernstein also lowered its target to $31 from $48 and rated the shares Market Perform, reflecting reduced expectations for the stock.
• Negative Sentiment: Although FIS’s third-quarter EPS of $1.61 and revenue of $3.45 billion slightly beat consensus, the company’s fiscal 2026 adjusted EPS outlook was reportedly as much as $0.38 per share below Wall Street expectations. That guidance shortfall appears to be the key driver of the negative reaction. FIS stock drops after earnings report
• Negative Sentiment: A law firm announced a securities investigation related to FIS’s earnings and revised outlook. The notice adds headline risk, but is an investigation—not a finding of wrongdoing. Securities investigation notice

Fidelity National Information Services Profile

Fidelity National Information Services, Inc. (FIS) provides financial technology and services to banks, credit unions, capital markets firms and other financial institutions. Its offerings include systems for processing transactions, managing accounts and supporting day-to-day financial operations. The company’s products and services also cover digital banking, payments, risk management, regulatory compliance, treasury operations and capital markets activities such as trading and securities processing.