Fidelity National Information Services, Inc. $FIS Position Increased by Assetmark Inc.

Key Points

• Assetmark Inc. boosted its stake in Fidelity National Information Services by 44.5% in Q4 to 383,601 shares (about $25.5M), contributing to roughly 96.2% institutional ownership of the company.
• CEO Stephanie Ferris bought 19,846 shares at an average price of $50.39 (~$1.0M) on March 5, increasing her holdings to 281,458 shares.
• FIS reported Q results with $1.68 EPS (missed by $0.01) and revenue of $2.81B (up 8.2% and above estimates), issued Q1 2026 guidance of 1.260–1.300 EPS and FY2026 guidance of 6.220–6.320 EPS, and raised its quarterly dividend to $0.44 (3.6% yield).

Assetmark Inc. increased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 44.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 383,601 shares of the information technology services provider's stock after acquiring an additional 118,083 shares during the period. Assetmark Inc. owned about 0.07% of Fidelity National Information Services worth $25,494,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Pinnacle Bancorp Inc. raised its holdings in shares of Fidelity National Information Services by 21.9% during the third quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider's stock worth $55,000 after acquiring an additional 150 shares in the last quarter. BOKF NA raised its holdings in shares of Fidelity National Information Services by 0.6% during the third quarter. BOKF NA now owns 28,031 shares of the information technology services provider's stock worth $1,848,000 after acquiring an additional 159 shares in the last quarter. Fiduciary Trust Co raised its holdings in shares of Fidelity National Information Services by 4.9% during the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider's stock worth $228,000 after acquiring an additional 161 shares in the last quarter. FJ Capital Management LLC raised its holdings in shares of Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider's stock worth $293,000 after acquiring an additional 163 shares in the last quarter. Finally, Gratus Wealth Advisors LLC raised its holdings in shares of Fidelity National Information Services by 1.4% during the third quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider's stock worth $817,000 after acquiring an additional 170 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 3.0%

NYSE FIS opened at $48.38 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a 50-day simple moving average of $48.57 and a 200 day simple moving average of $59.07. Fidelity National Information Services, Inc. has a twelve month low of $43.29 and a twelve month high of $82.74. The stock has a market cap of $24.89 billion, a PE ratio of 66.28, a PEG ratio of 0.46 and a beta of 0.90.

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 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 business posted $1.40 EPS. The firm's quarterly revenue was up 8.2% on a year-over-year basis. 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. On average, research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were paid a $0.44 dividend. The ex-dividend date was Tuesday, March 10th. This is a boost from Fidelity National Information Services's previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a dividend yield of 3.6%. Fidelity National Information Services's dividend payout ratio is 241.10%.

Insider Buying and Selling at Fidelity National Information Services

In related news, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the purchase, the chief executive officer 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 document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.21% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on FIS shares. Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 7th. The Goldman Sachs Group lowered their target price on shares of Fidelity National Information Services from $70.00 to $65.00 and set a "buy" rating on the stock in a research report on Monday. Compass Point lowered their target price on shares of Fidelity National Information Services from $90.00 to $81.00 and set a "buy" rating on the stock in a research report on Tuesday, January 13th. BNP Paribas Exane lowered their target price on shares of Fidelity National Information Services from $47.00 to $40.00 and set an "underperform" rating on the stock in a research report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $70.00 target price on shares of Fidelity National Information Services in a research report on Thursday, January 15th. Fourteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $68.71.

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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