Wellington Management Group LLP Sells 83,885 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• Wellington Management reduced its FIS stake by 8.1%, selling 83,885 shares and retaining 954,027 shares worth approximately $37.1 million. Institutional investors collectively own 96.23% of the company.
• FIS reported quarterly EPS of $1.48, slightly exceeding analyst estimates, while revenue reached $3.38 billion, up 29.1% year over year. The company guided for fiscal 2026 EPS of $6.15–$6.24.
• FIS declared a quarterly dividend of $0.44 per share, equal to a 4.2% annualized yield. Analysts have a consensus “Hold” rating and an average price target of $53.96, compared with the stock’s $41.88 opening price.

Wellington Management Group LLP reduced its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 8.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 954,027 shares of the information technology services provider's stock after selling 83,885 shares during the quarter. Wellington Management Group LLP owned 0.18% of Fidelity National Information Services worth $37,093,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Reflection Asset Management bought a new stake in shares of Fidelity National Information Services in the fourth quarter valued at about $34,000. Kemnay Advisory Services Inc. bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth approximately $42,000. MBM Wealth Consultants LLC bought a new stake in shares of Fidelity National Information Services during the first quarter valued at approximately $33,000. DV Equities LLC acquired a new position in shares of Fidelity National Information Services in the fourth quarter valued at $48,000. Finally, Hantz Financial Services Inc. lifted its position in Fidelity National Information Services by 254.5% in the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider's stock worth $55,000 after purchasing an additional 598 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

Shares of FIS stock opened at $41.88 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $70.27. The stock has a market capitalization of $21.65 billion, a PE ratio of 6.43, a PEG ratio of 0.44 and a beta of 0.79. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The stock's fifty day moving average is $41.97 and its 200-day moving average is $44.15.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to analysts' expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The firm's revenue for the quarter was up 29.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Equities research analysts expect that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services's dividend payout ratio is presently 27.04%.

Wall Street Analysts Forecast Growth

FIS has been the subject of a number of analyst reports. Keefe, Bruyette & Woods reduced their price objective on shares of Fidelity National Information Services from $60.00 to $56.00 and set an "outperform" rating for the company in a report on Wednesday, August 5th. The Goldman Sachs Group cut their price target on shares of Fidelity National Information Services from $65.00 to $57.00 and set a "buy" rating for the company in a research note on Monday, May 11th. Stephens restated an "equal weight" rating and set a $50.00 target price on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. Barclays dropped their price objective on Fidelity National Information Services from $44.00 to $43.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 5th. Finally, Citigroup dropped their target price on shares of Fidelity National Information Services from $48.00 to $45.00 and set a "neutral" rating for the company in a research report on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $53.96.

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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