Commonwealth Equity Services LLC Has $6.62 Million Stock Position in Fidelity National Information Services, Inc. $FIS

Commonwealth Equity Services LLC lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 25.0% in the fourth quarter, HoldingsChannel reports. The fund owned 99,617 shares of the information technology services provider’s stock after selling 33,263 shares during the period. Commonwealth Equity Services LLC’s holdings in Fidelity National Information Services were worth $6,621,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in Fidelity National Information Services by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,972,374 shares of the information technology services provider’s stock worth $396,961,000 after acquiring an additional 67,259 shares during the last quarter. Federated Hermes Inc. boosted its position in Fidelity National Information Services by 69.0% during the 4th quarter. Federated Hermes Inc. now owns 4,483 shares of the information technology services provider’s stock worth $298,000 after acquiring an additional 1,830 shares during the last quarter. Ensign Peak Advisors Inc boosted its position in Fidelity National Information Services by 24.6% during the 4th quarter. Ensign Peak Advisors Inc now owns 101,728 shares of the information technology services provider’s stock worth $6,761,000 after acquiring an additional 20,092 shares during the last quarter. Great Lakes Retirement Inc. boosted its position in Fidelity National Information Services by 4.7% during the 4th quarter. Great Lakes Retirement Inc. now owns 30,454 shares of the information technology services provider’s stock worth $2,024,000 after acquiring an additional 1,370 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its position in Fidelity National Information Services by 1.0% during the 4th quarter. New York State Common Retirement Fund now owns 314,084 shares of the information technology services provider’s stock worth $20,874,000 after acquiring an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on FIS shares. The Goldman Sachs Group cut their price objective on 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. Argus cut their price objective on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Wall Street Zen downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Royal Bank Of Canada cut their price objective 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. Finally, Stephens cut their price objective on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $61.33.

Fidelity National Information Services Trading Down 1.1%

FIS stock opened at $41.03 on Friday. Fidelity National Information Services, Inc. has a one year low of $40.33 and a one year high of $82.74. The stock has a market cap of $21.21 billion, a price-to-earnings ratio of 7.95, a price-to-earnings-growth ratio of 0.41 and a beta of 0.78. The company has a fifty day moving average price of $44.96 and a two-hundred day moving average price of $53.77. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the company earned $1.21 earnings per share. The company’s quarterly revenue 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. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s payout ratio is currently 34.11%.

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.