Strs Ohio Increases Holdings in Fidelity National Information Services, Inc. $FIS

Strs Ohio grew its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 80.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 134,404 shares of the information technology services provider’s stock after acquiring an additional 59,790 shares during the quarter. Strs Ohio’s holdings in Fidelity National Information Services were worth $6,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC increased its position in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 194 shares during the last quarter. GoalVest Advisory LLC purchased a new position in shares of Fidelity National Information Services in the fourth quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after buying an additional 362 shares during the period. Reflection Asset Management purchased a new stake in Fidelity National Information Services during the fourth quarter valued at approximately $34,000. Finally, Kemnay Advisory Services Inc. bought a new position in Fidelity National Information Services in the fourth quarter worth approximately $42,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 0.2%

Shares of FIS stock opened at $41.72 on Monday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $82.62. The company’s fifty day moving average price is $41.86 and its 200-day moving average price is $49.99. The company has a market capitalization of $21.56 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. The company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. Fidelity National Information Services’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.21 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were given a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on FIS shares. Oppenheimer cut their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Truist Financial lowered their target price on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday, May 28th. Citigroup cut their price target on Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. UBS Group decreased their price objective on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Finally, Keefe, Bruyette & Woods lowered their price objective on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $61.33.

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.