Global X Japan Co. Ltd. Purchases 12,886 Shares of Fidelity National Information Services, Inc. $FIS

Global X Japan Co. Ltd. lifted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 372.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 16,347 shares of the information technology services provider’s stock after buying an additional 12,886 shares during the period. Global X Japan Co. Ltd.’s holdings in Fidelity National Information Services were worth $1,086,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Dodge & Cox boosted its holdings in shares of Fidelity National Information Services by 22.2% in the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock valued at $2,842,357,000 after purchasing an additional 7,830,710 shares in the last quarter. Invesco Ltd. lifted its position in shares of Fidelity National Information Services by 5.6% during the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after buying an additional 448,712 shares during the last quarter. Norges Bank bought a new stake in shares of Fidelity National Information Services during the 2nd quarter worth $624,858,000. Dimensional Fund Advisors LP grew its position in Fidelity National Information Services by 7.4% in the third quarter. Dimensional Fund Advisors LP now owns 5,905,115 shares of the information technology services provider’s stock valued at $389,372,000 after acquiring an additional 408,166 shares during the last quarter. Finally, Mizuho Markets Americas LLC grew its position in Fidelity National Information Services by 49.1% in the third quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider’s stock valued at $303,929,000 after acquiring an additional 1,518,200 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Citigroup dropped their target price on shares of Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $70.00 price objective on shares of Fidelity National Information Services in a research note on Thursday, January 15th. TD Cowen decreased their target price on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Royal Bank Of Canada dropped their price target on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Finally, Compass Point reduced their price objective on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Fourteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus price target of $69.86.

Fidelity National Information Services Stock Down 0.5%

Shares of NYSE:FIS opened at $47.34 on Friday. The firm has a market cap of $24.35 billion, a P/E ratio of 64.85, a P/E/G ratio of 0.46 and a beta of 0.90. Fidelity National Information Services, Inc. has a 12-month low of $46.16 and a 12-month high of $82.74. The business has a fifty day simple moving average of $51.82 and a 200 day simple moving average of $61.03. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.01). The company had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.40 EPS. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. Analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were paid a $0.44 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.7%. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s payout ratio is currently 241.10%.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 941 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were bought at an average cost of $64.11 per share, with a total value of $60,327.51. Following the purchase, the director directly owned 14,529 shares of the company’s stock, valued at $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Stephanie Ferris bought 19,846 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the purchase, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.21% of the company’s stock.

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.