Comerica Bank Sells 23,427 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• Comerica Bank cut its FIS stake by 24.1%, selling 23,427 shares and ending the quarter with 73,697 shares worth about $4.9 million.
• CEO Stephanie Ferris bought 19,846 FIS shares at roughly $50.39 each (~$1.0M), increasing her ownership to 281,458 shares (a 7.59% rise).
• FIS reported Q results with EPS of $1.68 (missed by $0.01) and revenue up 8.2% to $2.81B, set FY2026 guidance of 6.22–6.32 EPS, and announced a $0.44 quarterly dividend (1.76 annual, 3.8% yield) despite a 241% payout ratio.

Comerica Bank lessened its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 24.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,697 shares of the information technology services provider's stock after selling 23,427 shares during the quarter. Comerica Bank's holdings in Fidelity National Information Services were worth $4,898,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FIS. Brighton Jones LLC bought a new stake in Fidelity National Information Services in the 4th quarter worth approximately $347,000. Geneos Wealth Management Inc. lifted its position in Fidelity National Information Services by 70.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider's stock worth $78,000 after buying an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Fidelity National Information Services in the 2nd quarter worth approximately $302,000. Marshall Wace LLP bought a new stake in Fidelity National Information Services in the 2nd quarter worth approximately $4,896,000. Finally, Cresset Asset Management LLC lifted its position in Fidelity National Information Services by 20.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider's stock worth $431,000 after buying an additional 901 shares during the last quarter. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $46.57 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a fifty-two week low of $43.29 and a fifty-two week high of $82.74. The stock has a 50 day moving average price of $48.16 and a two-hundred day moving average price of $57.60. The company has a market capitalization of $24.07 billion, a P/E ratio of 63.79, a PEG ratio of 0.46 and a beta of 0.82.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data 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). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the previous year, the firm posted $1.40 EPS. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. 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 expect that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business 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. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 3.8%. Fidelity National Information Services's payout ratio is presently 241.10%.

Insiders Place Their Bets

In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The shares were purchased at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the purchase, the chief executive officer owned 281,458 shares of the company's stock, valued at approximately $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 this hyperlink. Insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Truist Financial dropped their target price on Fidelity National Information Services from $57.00 to $50.00 and set a "hold" rating for the company in a research report on Friday, April 24th. Wells Fargo & Company dropped their target price on Fidelity National Information Services from $81.00 to $67.00 and set an "overweight" rating for the company in a research report on Wednesday, February 25th. UBS Group dropped their target price on Fidelity National Information Services from $83.00 to $73.00 and set a "buy" rating for the company in a research report on Wednesday, February 25th. Keefe, Bruyette & Woods dropped their target price on Fidelity National Information Services from $72.00 to $68.00 and set an "outperform" rating for the company in a research report on Tuesday, April 7th. Finally, Cantor Fitzgerald initiated coverage on Fidelity National Information Services in a research report on Tuesday, January 27th. They issued an "overweight" rating and a $72.00 price objective for the company. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $67.10.

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.

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