Lazard Asset Management LLC lowered its stake in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 86.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,344 shares of the information technology services provider’s stock after selling 198,631 shares during the period. Lazard Asset Management LLC’s holdings in Fidelity National Information Services were worth $1,470,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC grew its holdings in shares of Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after acquiring an additional 362 shares during the last quarter. Reflection Asset Management acquired a new stake in Fidelity National Information Services during the 4th quarter worth about $34,000. Kemnay Advisory Services Inc. acquired a new stake in Fidelity National Information Services during the 4th quarter worth about $42,000. Finally, MBM Wealth Consultants LLC purchased a new stake in Fidelity National Information Services during the 1st quarter valued at about $33,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.
Fidelity National Information Services Trading Down 1.1%
Shares of NYSE:FIS opened at $44.27 on Wednesday. The company has a market capitalization of $22.88 billion, a PE ratio of 8.58, a PEG ratio of 0.44 and a beta of 0.77. Fidelity National Information Services, Inc. has a 12-month low of $37.42 and a 12-month high of $76.49. The business has a 50 day moving average of $41.12 and a two-hundred day moving average of $46.30. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05.
Fidelity National Information Services Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.0%. Fidelity National Information Services’s payout ratio is presently 34.11%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Morgan Stanley initiated coverage on Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price on the stock. Cantor Fitzgerald reduced their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Royal Bank Of Canada dropped their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Finally, The Goldman Sachs Group reduced their target price on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a report on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $58.68.
Get Our Latest Analysis on Fidelity National Information Services
Fidelity National Information Services News Roundup
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: FIS reported second-quarter adjusted EPS of $1.48, narrowly exceeding the $1.47 analyst consensus and rising from $1.36 a year earlier. Revenue of $3.38 billion was in line with expectations and increased 29.1% year over year. FIS Reports Second Quarter 2026 Results
- Positive Sentiment: Banking Solutions was highlighted as a growth driver, with FIS pointing to stronger margins, recurring revenue and accelerating cash generation. Management also emphasized continued demand from banks for modernization, artificial intelligence, payments and issuing capabilities. FIS Deepens Its Banking Push With Payments and Issuing
- Neutral Sentiment: Options activity was unusually high, with traders purchasing 4,004 call contracts—more than double the average daily volume—indicating increased speculative interest but not necessarily a fundamental change in valuation.
- Negative Sentiment: FIS lowered fiscal 2026 adjusted EPS guidance to $6.15–$6.24 from expectations of approximately $6.28 and reduced revenue guidance to $13.6–$13.7 billion versus consensus of $13.8 billion. FIS Beats Q2 Earnings on Banking Solutions Strength, Cuts 2026 Outlook
- Negative Sentiment: Third-quarter guidance also came in below analyst forecasts: EPS of $1.58–$1.62 versus consensus of $1.65, and revenue of about $3.4 billion versus expectations of $3.5 billion. The weaker forward outlook is the primary catalyst for the stock’s decline despite the quarterly EPS beat. Fidelity National Information stock slumps after cutting guidance; mixed Q2 results
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.
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