Wellington Management Group LLP Has $38.56 Million Stock Position in Fidelity National Information Services, Inc. $FIS

Key Points

• Wellington Management Group LLP has increased its holdings in Fidelity National Information Services by 2,291.8% during the first quarter, now owning approximately 0.10% of the company, valued at $38.56 million.
• Several institutional investors have significantly boosted their stakes in Fidelity National Information Services, reflecting a growing interest in the company among hedge funds and other institutions, with institutional investors collectively owning 96.23% of the company's stock.
• Fidelity National Information Services reported $2.62 billion in revenue for the latest quarter, exceeding analysts' expectations and setting earnings guidance at 1.460-1.500 EPS for Q3 2025.

Wellington Management Group LLP grew its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 2,291.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 516,311 shares of the information technology services provider's stock after acquiring an additional 494,724 shares during the quarter. Wellington Management Group LLP owned 0.10% of Fidelity National Information Services worth $38,558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Brooklyn Investment Group boosted its position in shares of Fidelity National Information Services by 39.8% in the first quarter. Brooklyn Investment Group now owns 949 shares of the information technology services provider's stock valued at $71,000 after acquiring an additional 270 shares during the period. Prospector Partners LLC boosted its position in shares of Fidelity National Information Services by 10.8% in the first quarter. Prospector Partners LLC now owns 173,771 shares of the information technology services provider's stock valued at $12,977,000 after acquiring an additional 16,972 shares during the period. Versor Investments LP bought a new stake in shares of Fidelity National Information Services in the first quarter valued at approximately $328,000. Algert Global LLC bought a new stake in shares of Fidelity National Information Services in the first quarter valued at approximately $453,000. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of Fidelity National Information Services by 9.9% in the first quarter. Steward Partners Investment Advisory LLC now owns 153,319 shares of the information technology services provider's stock valued at $11,450,000 after acquiring an additional 13,789 shares during the period. 96.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FIS. Keefe, Bruyette & Woods reduced their target price on Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating for the company in a research report on Wednesday, August 6th. Truist Financial raised their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a "hold" rating in a research report on Thursday, July 17th. Robert W. Baird raised their target price on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. UBS Group reduced their target price on Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. Finally, Stephens lifted their price objective on Fidelity National Information Services from $90.00 to $100.00 and gave the company an "overweight" rating in a report on Wednesday, May 7th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $91.63.

Fidelity National Information Services Price Performance

Shares of NYSE FIS traded up $0.04 during midday trading on Friday, reaching $69.79. 4,449,783 shares of the company traded hands, compared to its average volume of 4,178,664. The firm has a market cap of $36.45 billion, a PE ratio of 387.72 and a beta of 1.04. The stock's 50-day simple moving average is $76.78 and its 200-day simple moving average is $75.69. Fidelity National Information Services, Inc. has a 12 month low of $66.51 and a 12 month high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting analysts' consensus estimates of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period last year, the company posted $1.36 earnings per share. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be paid a $0.40 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.3%. Fidelity National Information Services's dividend payout ratio (DPR) is 888.89%.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.