Fox Run Management L.L.C. Acquires Shares of 22,761 Fidelity National Information Services, Inc. $FIS

Fox Run Management L.L.C. acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 22,761 shares of the information technology services provider’s stock, valued at approximately $1,513,000.

A number of other large investors have also added to or reduced their stakes in the stock. Dodge & Cox raised its stake in Fidelity National Information Services by 22.2% during the third quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock valued at $2,842,357,000 after buying an additional 7,830,710 shares during the last quarter. Capital Research Global Investors raised its stake in Fidelity National Information Services by 0.6% during the fourth quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after buying an additional 172,356 shares during the last quarter. Invesco Ltd. raised its stake in Fidelity National Information Services by 5.6% during the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock valued at $561,500,000 after buying an additional 448,712 shares during the last quarter. Norges Bank purchased a new position in Fidelity National Information Services during the fourth quarter valued at $495,956,000. Finally, Dimensional Fund Advisors LP raised its stake in Fidelity National Information Services by 7.4% during the third quarter. Dimensional Fund Advisors LP now owns 5,905,115 shares of the information technology services provider’s stock valued at $389,372,000 after buying an additional 408,166 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 3.5%

Shares of NYSE FIS opened at $39.54 on Tuesday. 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’s 50 day moving average price is $44.80 and its 200-day moving average price is $53.53. Fidelity National Information Services, Inc. has a fifty-two week low of $39.52 and a fifty-two week high of $82.74. The company has a market cap of $20.44 billion, a price-to-earnings ratio of 7.66, a PEG ratio of 0.40 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the firm earned $1.21 earnings per share. Fidelity National Information Services’s revenue was up 30.1% compared to the same quarter last year. 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, sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 4.5%. Fidelity National Information Services’s dividend payout ratio is 34.11%.

Analyst Ratings Changes

A number of research firms have commented on FIS. Royal Bank Of Canada reduced their target price on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Citigroup lowered their target price on Fidelity National Information Services from $53.00 to $48.00 in a research report on Friday, May 8th. Wolfe Research lowered their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Wells Fargo & Company lowered their price objective on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

About Fidelity National Information Services

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.