Fideuram Intesa Sanpaolo Private Banking S.P.A. Takes Position in Fidelity National Information Services, Inc. $FIS

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the fourth quarter, Holdings Channel reports. The fund bought 256,716 shares of the information technology services provider’s stock, valued at approximately $17,061,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FIS. GSA Capital Partners LLP purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $960,000. Handelsbanken Fonder AB raised its holdings in shares of Fidelity National Information Services by 14.5% during the 4th quarter. Handelsbanken Fonder AB now owns 171,661 shares of the information technology services provider’s stock worth $11,409,000 after acquiring an additional 21,682 shares during the period. Radnor Capital Management LLC raised its holdings in shares of Fidelity National Information Services by 1.5% during the 4th quarter. Radnor Capital Management LLC now owns 52,371 shares of the information technology services provider’s stock worth $3,481,000 after acquiring an additional 795 shares during the period. Gabelli Funds LLC raised its holdings in shares of Fidelity National Information Services by 5.4% during the 4th quarter. Gabelli Funds LLC now owns 9,700 shares of the information technology services provider’s stock worth $645,000 after acquiring an additional 500 shares during the period. Finally, North Dakota State Investment Board purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $1,200,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $43.37 on Wednesday. Fidelity National Information Services, Inc. has a one year low of $41.33 and a one year high of $82.74. The company has a market cap of $22.42 billion, a PE ratio of 8.41, a P/E/G ratio of 0.42 and a beta of 0.82. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The business has a 50-day simple moving average of $46.84 and a 200-day simple moving average of $55.69.

Fidelity National Information Services (NYSE:FIS) last announced 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 business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the company posted $1.21 earnings per share. The business’s revenue for the quarter was up 30.1% on a year-over-year basis. 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. On average, equities research analysts forecast that Fidelity National Information Services, Inc. will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is 34.11%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FIS. Citigroup reduced their price objective on shares of Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. Oppenheimer cut their price target on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. JPMorgan Chase & Co. cut their price target on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Susquehanna cut their price target on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Finally, The Goldman Sachs Group cut 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. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $61.57.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris purchased 19,846 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the acquisition, the chief executive officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is owned by company insiders.

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.