Twin City Private Wealth LLC Buys 16,859 Shares of Fidelity National Information Services, Inc. $FIS

Twin City Private Wealth LLC boosted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 77.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,730 shares of the information technology services provider’s stock after purchasing an additional 16,859 shares during the period. Fidelity National Information Services comprises approximately 1.4% of Twin City Private Wealth LLC’s portfolio, making the stock its 25th biggest holding. Twin City Private Wealth LLC’s holdings in Fidelity National Information Services were worth $1,817,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FIS. Salomon & Ludwin LLC lifted its position in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares during the last quarter. GoalVest Advisory LLC purchased a new stake in Fidelity National Information Services in the 4th quarter worth about $33,000. MBM Wealth Consultants LLC purchased a new stake in Fidelity National Information Services in the 1st quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after acquiring an additional 362 shares during the period. Finally, Reflection Asset Management purchased a new stake in Fidelity National Information Services during the fourth quarter valued at about $34,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FIS has been the subject of several analyst reports. UBS Group cut their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. Stephens dropped their target price on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Wall Street Zen lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. BNP Paribas Exane reduced their price target on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Finally, TD Cowen dropped their price objective on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

Fidelity National Information Services Stock Up 4.9%

Shares of NYSE FIS opened at $40.78 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average of $42.10 and a 200-day moving average of $50.35. The firm has a market capitalization of $21.08 billion, a price-to-earnings ratio of 7.90, a PEG ratio of 0.38 and a beta of 0.80. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $82.62.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period in the previous year, the business posted $1.21 earnings per share. Fidelity National Information Services’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. Sell-side analysts expect 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 firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

About Fidelity National Information Services

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.