Crescent Grove Advisors LLC Boosts Holdings in Fidelity National Information Services, Inc. $FIS

Crescent Grove Advisors LLC increased its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 68.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 253,950 shares of the information technology services provider’s stock after acquiring an additional 103,020 shares during the quarter. Fidelity National Information Services comprises approximately 1.1% of Crescent Grove Advisors LLC’s portfolio, making the stock its 23rd largest holding. Crescent Grove Advisors LLC’s holdings in Fidelity National Information Services were worth $11,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nordea Investment Management AB increased its position in Fidelity National Information Services by 15.4% during the fourth quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock worth $96,048,000 after buying an additional 191,957 shares during the period. Clear Trail Advisors LLC purchased a new stake in Fidelity National Information Services in the fourth quarter valued at approximately $2,590,000. SG Americas Securities LLC boosted its holdings in shares of Fidelity National Information Services by 702.1% in the fourth quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock valued at $38,283,000 after acquiring an additional 504,215 shares during the period. Norges Bank purchased a new position in shares of Fidelity National Information Services during the fourth quarter worth approximately $495,956,000. Finally, Brighton Jones LLC purchased a new position in shares of Fidelity National Information Services during the fourth quarter worth approximately $347,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $41.82 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The business has a 50 day simple moving average of $40.99 and a 200-day simple moving average of $48.36. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $82.62. The stock has a market capitalization of $21.62 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The firm had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. Fidelity National Information Services’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the firm posted $1.21 EPS. 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 predict that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. Fidelity National Information Services’s payout ratio is presently 34.11%.

Analysts Set New Price Targets

Several research firms recently commented on FIS. Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Royal Bank Of Canada lowered 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 research report on Friday, May 8th. Weiss Ratings lowered shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Wall Street Zen cut shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, BNP Paribas Exane decreased their target price on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $58.77.

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.