Fidelity National Information Services, Inc. $FIS Stock Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP increased its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 34,707.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 89,106 shares of the information technology services provider's stock after purchasing an additional 88,850 shares during the period. Fulcrum Asset Management LLP's holdings in Fidelity National Information Services were worth $2,972,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Pension & Wealth Management Advisors Inc. bought a new position in shares of Fidelity National Information Services during the third quarter worth about $35,000. N.E.W. Advisory Services LLC acquired a new position in Fidelity National Information Services during the 2nd quarter worth approximately $58,000. Bank & Trust Co bought a new position in shares of Fidelity National Information Services during the 3rd quarter worth approximately $51,000. Pinnacle Wealth Planning Services Inc. grew its stake in shares of Fidelity National Information Services by 96.8% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,976 shares of the information technology services provider's stock worth $65,000 after acquiring an additional 972 shares in the last quarter. Finally, Raleigh Capital Management Inc. acquired a new stake in shares of Fidelity National Information Services in the third quarter valued at approximately $71,000. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $28.32 on Tuesday. The company has a fifty day moving average price of $35.97 and a two-hundred day moving average price of $42.99. Fidelity National Information Services, Inc. has a one year low of $27.93 and a one year high of $68.37. The stock has a market cap of $14.64 billion, a P/E ratio of 4.85, a P/E/G ratio of 0.36 and a beta of 0.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.55 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a net margin of 26.77% and a return on equity of 20.42%. The company had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same period in the previous year, the business earned $1.51 EPS. Fidelity National Information Services's revenue for the quarter was up 27.1% compared to the same quarter last year. As a group, equities analysts predict that Fidelity National Information Services, Inc. will post 5.85 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 28th. Stockholders of record on Monday, December 14th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Monday, December 14th. Fidelity National Information Services's payout ratio is currently 26.27%.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The shares were acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the acquisition, the director owned 18,697 shares of the company's stock, valued at $680,570.80. The trade was a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.28% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on FIS shares. Raymond James Financial restated an "outperform" rating and set a $35.00 target price on shares of Fidelity National Information Services in a report on Wednesday, November 4th. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Information Services from $50.00 to $42.00 and set an "outperform" rating on the stock in a research report on Thursday, November 5th. Wells Fargo & Company reduced their price objective on shares of Fidelity National Information Services from $46.00 to $33.00 and set an "equal weight" rating for the company in a research note on Thursday. Deutsche Bank Aktiengesellschaft decreased their price objective on Fidelity National Information Services from $45.00 to $40.00 and set a "hold" rating for the company in a report on Tuesday, September 29th. Finally, Piper Sandler lowered their target price on Fidelity National Information Services from $42.00 to $31.00 and set a "neutral" rating on the stock in a research report on Thursday, November 5th. Six research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $41.76.

Fidelity National Information Services News Summary

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

• Positive Sentiment: Cantor Fitzgerald maintained an Overweight rating and set a $34 price target, which was reported as implying about 20% upside from the then-current share price. However, it cut its target from $45, tempering the positive rating. Cantor Fitzgerald analyst action
• Negative Sentiment: FIS lowered its fiscal 2026 revenue and profit outlook, citing delayed client implementations, bank consolidation, weaker demand for licenses, and lower non-recurring revenue. These factors point to near-term business headwinds and prompted an investor securities-claims investigation by Levi & Korsinsky. Levi & Korsinsky investigation notice
• Negative Sentiment: Several firms took a more cautious stance or lowered price targets: Wolfe Research cut FIS to Hold, Argus downgraded the stock, and UBS Group, TD Cowen, and Citigroup reduced their targets. The cluster of revisions adds to concerns following the outlook cut. Wolfe Research rating change Argus downgrade UBS price target reduction TD Cowen price target reduction Citigroup price target reduction

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (FIS) provides financial technology and services to banks, credit unions, capital markets firms and other financial institutions. Its offerings include systems for processing transactions, managing accounts and supporting day-to-day financial operations.

The company's products and services also cover digital banking, payments, risk management, regulatory compliance, treasury operations and capital markets activities such as trading and securities processing.

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