Equitable Trust Co. Reduces Stake in Fidelity National Information Services, Inc. $FIS

Key Points

• Equitable Trust Co. reduced its stake in Fidelity National Information Services by 37.4% in Q4, selling 78,895 shares and ending the quarter with 132,152 shares worth about $8.78 million.
• Insider purchase: CEO Stephanie Ferris bought 19,846 shares on March 5 for ~$50.39 each (~$1.0M), increasing her direct holdings to 281,458 shares (a 7.59% rise).
• Financials & payout: FIS reported Q4 EPS of $1.68 (missed by $0.01) with revenue up 8.2%, set FY2026 guidance of $6.22–$6.32 EPS, and announced a $0.44 quarterly dividend (3.8% yield) with a high 241% payout ratio.

Equitable Trust Co. lowered its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 37.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 132,152 shares of the information technology services provider's stock after selling 78,895 shares during the quarter. Equitable Trust Co.'s holdings in Fidelity National Information Services were worth $8,783,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Dodge & Cox lifted its holdings in 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 worth $2,842,357,000 after buying an additional 7,830,710 shares during the period. Invesco Ltd. lifted its holdings in Fidelity National Information Services by 5.6% in 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 period. Dimensional Fund Advisors LP lifted its holdings in Fidelity National Information Services by 7.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,905,115 shares of the information technology services provider's stock worth $389,372,000 after buying an additional 408,166 shares during the period. Mizuho Markets Americas LLC lifted its holdings in Fidelity National Information Services by 49.1% in the 3rd quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider's stock worth $303,929,000 after buying an additional 1,518,200 shares during the period. Finally, Legal & General Group Plc lifted its holdings in Fidelity National Information Services by 0.6% in the 3rd quarter. Legal & General Group Plc now owns 3,702,445 shares of the information technology services provider's stock worth $244,139,000 after buying an additional 22,097 shares during the period. Hedge funds and other institutional investors own 96.23% of the company's stock.

Insiders Place Their Bets

In related news, CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The stock was bought at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.21% of the stock is currently owned by company insiders.

Fidelity National Information Services Trading Down 1.4%

FIS opened at $46.62 on Wednesday. The stock has a market cap of $24.10 billion, a PE ratio of 63.87, a PEG ratio of 0.46 and a beta of 0.82. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The business has a 50 day moving average of $48.11 and a 200-day moving average of $57.32. Fidelity National Information Services, Inc. has a 52 week low of $43.29 and a 52 week high of $82.74.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts' consensus estimates of $1.69 by ($0.01). The firm had revenue of $2.81 billion during the quarter, compared to analysts' expectations 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 revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Equities research analysts predict that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services's dividend payout ratio (DPR) is 241.10%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on FIS shares. BNP Paribas Exane dropped their price objective on Fidelity National Information Services from $47.00 to $40.00 and set an "underperform" rating for the company in a report on Friday, April 10th. JPMorgan Chase & Co. dropped their price objective on Fidelity National Information Services from $80.00 to $65.00 and set an "overweight" rating for the company in a report on Thursday, February 12th. The Goldman Sachs Group dropped their price objective on Fidelity National Information Services from $70.00 to $65.00 and set a "buy" rating for the company in a report on Monday, April 13th. Raymond James Financial lowered their target price on Fidelity National Information Services from $82.00 to $60.00 and set an "outperform" rating for the company in a research note on Wednesday, February 25th. Finally, Truist Financial lowered 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 note on Friday, April 24th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $67.10.

Trending Headlines about Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: The Anthropic partnership creates a clear product catalyst: FIS plans to embed Anthropic models and forward-deployed engineers to offer agents for fraud/fighting financial crime — a service that could be sold to FIS’ large bank customer base and expand recurring revenue. Anthropic and FIS Are Building an AI Agent (WSJ)
• Positive Sentiment: Partnering with Anthropic (maker of Claude) gives FIS credibility in applied generative AI — useful for sales conversations and faster product development versus building solely in-house. TipRanks coverage
• Positive Sentiment: Market reacted to the announcement: early reports pushed FIS shares materially higher (reports cited a ~7.3% jump), showing investor appetite for AI partnerships in fintech. Seeking Alpha: stock surge
• Neutral Sentiment: Broad coverage across WSJ, MSN, PYMNTS and other outlets means the story will reach many potential clients but still needs sales conversions to move financials. MSN coverage
• Neutral Sentiment: Technical/implementation detail: FIS and Anthropic built the first agent with Applied AI and embedded engineers and say they will develop additional agents — timeline and customer pilots will determine revenue impact. PYMNTS: implementation details
• Negative Sentiment: Execution and adoption risks remain: product commercialization, integration with bank systems, data-privacy/regulatory hurdles and competition could delay revenue. Also, valuation and technicals look stretched — FIS trades with a high P/E (around 64) and its 50-day average sits below the 200-day average, which can amplify profit-taking after headline-driven rallies.

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.

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