Invenomic Capital Management LP Buys 122,915 Shares of Fidelity National Information Services, Inc. $FIS

Invenomic Capital Management LP grew its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 90.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 258,341 shares of the information technology services provider’s stock after purchasing an additional 122,915 shares during the period. Invenomic Capital Management LP’s holdings in Fidelity National Information Services were worth $17,169,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of FIS. Dodge & Cox grew its stake 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 during the period. Norges Bank bought a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $495,956,000. Balyasny Asset Management L.P. grew its stake in shares of Fidelity National Information Services by 585.9% in the 3rd quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after purchasing an additional 2,852,118 shares during the period. Pinebridge Investments LLC bought a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $114,799,000. Finally, TOMS Capital Investment Management LP bought a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $110,589,000. 96.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on FIS. Citigroup lowered their price objective on Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft decreased their price target on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Susquehanna decreased their price target on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Cantor Fitzgerald decreased their price target 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. Finally, UBS Group decreased their price target on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Stock Down 2.2%

NYSE FIS opened at $38.61 on Thursday. The firm has a market cap of $19.96 billion, a PE ratio of 7.48, a price-to-earnings-growth ratio of 0.39 and a beta of 0.78. Fidelity National Information Services, Inc. has a one year low of $37.91 and a one year high of $82.74. The stock’s 50 day simple moving average is $43.76 and its 200 day simple moving average is $52.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. The business had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.Fidelity National Information Services’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, sell-side analysts forecast 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 disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 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.