Fidelity National Information Services, Inc. $FIS Stock Holdings Reduced by Quadrant Capital Group LLC

Quadrant Capital Group LLC cut its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 40.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,565 shares of the information technology services provider’s stock after selling 21,043 shares during the quarter. Quadrant Capital Group LLC’s holdings in Fidelity National Information Services were worth $1,111,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in FIS. BlackRock Inc. purchased a new position in Fidelity National Information Services in the 2nd quarter worth $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Fidelity National Information Services in the second quarter worth $219,162,000. Bank of America Corp DE purchased a new stake in Fidelity National Information Services during the second quarter valued at about $189,387,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Fidelity National Information Services by 228.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,015,663 shares of the information technology services provider’s stock valued at $141,465,000 after buying an additional 2,098,139 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in shares of Fidelity National Information Services during the second quarter valued at about $129,815,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey Goldstein purchased 1,585 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, October 15th. The shares were bought at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the transaction, the director directly owned 18,697 shares of the company’s stock, valued at $680,570.80. This represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on FIS shares. Piper Sandler started coverage on Fidelity National Information Services in a research note on Friday, September 11th. They issued a “neutral” rating and a $42.00 target price for the company. Stephens reaffirmed an “equal weight” rating and issued a $50.00 price target on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. Robert W. Baird dropped their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research note on Friday, September 25th. Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Finally, Susquehanna decreased their target price on shares of Fidelity National Information Services from $46.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 13th. Eleven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $49.04.

Fidelity National Information Services Price Performance

Shares of FIS stock opened at $37.53 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. Fidelity National Information Services, Inc. has a fifty-two week low of $32.10 and a fifty-two week high of $68.98. The firm has a market cap of $19.40 billion, a P/E ratio of 5.77, a P/E/G ratio of 0.45 and a beta of 0.81. The business’s 50 day moving average price is $37.40 and its 200-day moving average price is $40.93.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The company had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The firm’s revenue was up 29.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. On average, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 6.20 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.