North Dakota State Investment Board Acquires Shares of 18,062 Fidelity National Information Services, Inc. $FIS

North Dakota State Investment Board purchased a new position in Fidelity National Information Services, Inc. (NYSE:FIS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 18,062 shares of the information technology services provider’s stock, valued at approximately $1,200,000.

A number of other institutional investors have also recently made changes to their positions in FIS. Dodge & Cox boosted its stake in shares of Fidelity National Information Services by 22.2% in the third quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after acquiring an additional 7,830,710 shares during the last quarter. Balyasny Asset Management L.P. boosted its stake in shares of Fidelity National Information Services by 585.9% in the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock worth $155,969,000 after acquiring an additional 2,852,118 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Fidelity National Information Services by 71.7% in the second quarter. AQR Capital Management LLC now owns 2,483,575 shares of the information technology services provider’s stock worth $201,294,000 after acquiring an additional 1,037,100 shares during the last quarter. Nomura Holdings Inc. boosted its stake in shares of Fidelity National Information Services by 32,832.1% in the third quarter. Nomura Holdings Inc. now owns 843,390 shares of the information technology services provider’s stock worth $55,613,000 after acquiring an additional 840,829 shares during the last quarter. Finally, Hawk Ridge Capital Management LP boosted its stake in shares of Fidelity National Information Services by 70.6% in the third quarter. Hawk Ridge Capital Management LP now owns 1,830,180 shares of the information technology services provider’s stock worth $120,682,000 after acquiring an additional 757,200 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

NYSE:FIS opened at $43.37 on Wednesday. Fidelity National Information Services, Inc. has a 52 week low of $41.33 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 market capitalization of $22.42 billion, a P/E ratio of 8.41, a P/E/G ratio of 0.42 and a beta of 0.82. The stock’s fifty day moving average is $46.84 and its two-hundred day moving average is $55.69.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the previous year, the business earned $1.21 earnings per share. The company’s revenue for the quarter 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 expect that Fidelity National Information Services, Inc. will post 6.27 EPS for the current year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors 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 4.1%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s payout ratio is currently 34.11%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Cantor Fitzgerald reduced their price objective on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Wolfe Research reduced their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Royal Bank Of Canada reduced their price objective on 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. Finally, Oppenheimer reduced their price objective on Fidelity National Information Services from $69.00 to $62.00 in a research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $61.57.

Insider Activity

In other news, CEO Stephanie Ferris acquired 19,846 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were purchased at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the acquisition, the chief executive officer owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.28% 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.