Teachers Retirement System of The State of Kentucky Sells 99,694 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• Teachers Retirement System of the State of Kentucky sold 99,694 shares of FIS in Q4, cutting its stake by 70.4% to 42,004 shares valued at $2.792 million.
• Wall Street holds a consensus rating of Moderate Buy with a $67.10 target, but several analysts have recently reduced price targets (e.g., JPMorgan to $65, Citigroup to $53), indicating mixed sentiment.
• FIS narrowly missed Q4 EPS ($1.68 vs. $1.69) while revenue rose 8.2%, issued FY2026 guidance of $6.22–$6.32, raised its quarterly dividend to $0.44 (3.9% yield), and CEO Stephanie Ferris bought 19,846 shares (~$1.0M).

Teachers Retirement System of The State of Kentucky lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 70.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,004 shares of the information technology services provider's stock after selling 99,694 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Fidelity National Information Services were worth $2,792,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FIS. Pinnacle Bancorp Inc. boosted its holdings in shares of Fidelity National Information Services by 21.9% in the third quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider's stock valued at $55,000 after purchasing an additional 150 shares during the period. BOKF NA increased its holdings in Fidelity National Information Services by 0.6% during the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider's stock worth $1,848,000 after purchasing an additional 159 shares during the period. Fiduciary Trust Co increased its holdings in Fidelity National Information Services by 4.9% during the 3rd quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider's stock worth $228,000 after purchasing an additional 161 shares during the period. FJ Capital Management LLC raised its position in Fidelity National Information Services by 4.7% during the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider's stock valued at $293,000 after purchasing an additional 163 shares in the last quarter. Finally, Gratus Wealth Advisors LLC raised its position in Fidelity National Information Services by 1.4% during the 3rd quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider's stock valued at $817,000 after purchasing an additional 170 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on FIS shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $70.00 price target on shares of Fidelity National Information Services in a research report on Thursday, January 15th. Compass Point decreased their price objective on 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. JPMorgan Chase & Co. lowered their price objective on shares of Fidelity National Information Services from $80.00 to $65.00 and set an "overweight" rating for the company in a research note on Thursday, February 12th. UBS Group cut their target price on shares of Fidelity National Information Services from $83.00 to $73.00 and set a "buy" rating on the stock in a research report on Wednesday, February 25th. Finally, Citigroup reduced their price target 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. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services has a consensus rating of "Moderate Buy" and a consensus target price of $67.10.

Fidelity National Information Services Trading Down 0.2%

FIS opened at $45.63 on Tuesday. The firm has a market cap of $23.47 billion, a price-to-earnings ratio of 62.51, a PEG ratio of 0.45 and a beta of 0.90. 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 stock has a fifty day moving average price of $48.28 and a 200-day moving average price of $57.90.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts' consensus estimates of $1.69 by ($0.01). The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. Fidelity National Information Services's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period 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. As a group, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, March 10th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.40. Fidelity National Information Services's payout ratio is presently 241.10%.

Insider Activity at Fidelity National Information Services

In other 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 purchased 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 $14,182,668.62. The trade was a 7.59% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.21% of the stock is currently owned by company insiders.

About Fidelity National Information Services

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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