Massachusetts Financial Services Co. MA Cuts Holdings in Fidelity National Information Services, Inc. $FIS

Key Points

• Massachusetts Financial Services trimmed its stake in Fidelity National Information Services by 11.1%, selling 631,058 shares and leaving it with 5,063,589 shares (~0.98% of the company) valued at about $336.5 million at quarter-end.
• Insiders bought stock: CEO Stephanie Ferris purchased 19,846 shares at $50.39 (~$1.0M) and Director Jeffrey A. Goldstein bought 941 shares at $64.11, signaling management increased their ownership.
• FIS raised its quarterly dividend to $0.44 (a 4.1% yield) while reporting a slight EPS miss for the quarter, setting FY2026 guidance of 6.22–6.32 EPS, and carrying a consensus analyst price target of $68.95 (rating: Moderate Buy) amid recent target cuts.

Massachusetts Financial Services Co. MA lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 11.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,063,589 shares of the information technology services provider's stock after selling 631,058 shares during the period. Massachusetts Financial Services Co. MA owned approximately 0.98% of Fidelity National Information Services worth $336,526,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Root Financial Partners LLC bought a new stake in shares of Fidelity National Information Services in the 3rd quarter worth approximately $29,000. LRI Investments LLC lifted its holdings in shares of Fidelity National Information Services by 613.1% in the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider's stock worth $29,000 after acquiring an additional 374 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in shares of Fidelity National Information Services in the 3rd quarter worth approximately $29,000. GoalVest Advisory LLC bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth approximately $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of 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 worth $34,000 after acquiring an additional 362 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

Insider Activity

In related news, Director Jeffrey A. Goldstein bought 941 shares of the stock in a transaction on Thursday, January 15th. The shares were acquired at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the purchase, the director owned 14,529 shares of the company's stock, valued at approximately $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stephanie Ferris bought 19,846 shares of the stock in a transaction on Thursday, March 5th. The shares were bought at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the purchase, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is currently owned by corporate insiders.

Fidelity National Information Services Stock Down 4.2%

Shares of NYSE FIS opened at $43.40 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a 12 month low of $43.29 and a 12 month high of $82.74. The firm has a market capitalization of $22.32 billion, a PE ratio of 59.45, a price-to-earnings-growth ratio of 0.42 and a beta of 0.90. The firm has a fifty day simple moving average of $48.91 and a two-hundred day simple moving average of $59.42.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.01). The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The firm's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.40 earnings per share. 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 analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share 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. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.44 per share. The ex-dividend date was Tuesday, March 10th. This represents a $1.76 annualized dividend and a yield of 4.1%. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.40. Fidelity National Information Services's dividend payout ratio (DPR) is currently 241.10%.

Analyst Upgrades and Downgrades

FIS has been the subject of a number of recent research reports. Royal Bank Of Canada lowered their price objective on shares of Fidelity National Information Services from $86.00 to $69.00 and set an "outperform" rating for the company in a report on Tuesday, February 24th. Compass Point lowered their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a "buy" rating for the company in a report on Tuesday, January 13th. Wolfe Research lowered their price objective on shares of Fidelity National Information Services from $90.00 to $70.00 and set an "outperform" rating for the company in a report on Wednesday, February 25th. Citigroup lowered their price objective on shares of Fidelity National Information Services from $70.00 to $53.00 and set a "neutral" rating for the company in a report on Wednesday, February 25th. Finally, Argus lowered their price objective on shares of Fidelity National Information Services from $92.00 to $65.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $68.95.

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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