Maytus Capital Management LLC Increases Position in Fidelity National Information Services, Inc. $FIS

Maytus Capital Management LLC lifted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 26.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 95,000 shares of the information technology services provider’s stock after purchasing an additional 19,996 shares during the period. Fidelity National Information Services comprises 1.5% of Maytus Capital Management LLC’s portfolio, making the stock its 28th largest holding. Maytus Capital Management LLC’s holdings in Fidelity National Information Services were worth $6,314,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Russell Investments Group Ltd. grew its stake in Fidelity National Information Services by 12.3% during the fourth quarter. Russell Investments Group Ltd. now owns 355,025 shares of the information technology services provider’s stock valued at $23,647,000 after acquiring an additional 38,951 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in Fidelity National Information Services during the fourth quarter valued at $42,000. &PARTNERS grew its stake in Fidelity National Information Services by 110.0% during the fourth quarter. &PARTNERS now owns 62,199 shares of the information technology services provider’s stock valued at $4,125,000 after acquiring an additional 32,578 shares in the last quarter. Siemens Fonds Invest GmbH grew its stake in Fidelity National Information Services by 14.2% during the fourth quarter. Siemens Fonds Invest GmbH now owns 11,701 shares of the information technology services provider’s stock valued at $786,000 after acquiring an additional 1,457 shares in the last quarter. Finally, Mangrove Partners IM LLC purchased a new position in Fidelity National Information Services during the fourth quarter valued at $33,721,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on FIS shares. BNP Paribas Exane cut 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. Royal Bank Of Canada cut their target price on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Weiss Ratings raised shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Raymond James Financial cut their target price on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Finally, Citigroup lowered their price objective on shares of Fidelity National Information Services from $53.00 to $48.00 in a research report on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

Fidelity National Information Services Price Performance

FIS stock opened at $39.55 on Wednesday. Fidelity National Information Services, Inc. has a 52 week low of $37.91 and a 52 week high of $82.74. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The company has a fifty day simple moving average of $43.92 and a two-hundred day simple moving average of $52.48. The firm has a market capitalization of $20.44 billion, a P/E ratio of 7.66, a price-to-earnings-growth ratio of 0.38 and a beta of 0.79.

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. The business had revenue of $3.30 billion during 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% compared to the same quarter last year. During the same quarter last year, the business earned $1.21 earnings per share. 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. Analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders 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 4.5%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is 34.11%.

Fidelity National Information Services 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.