Mizuho Markets Americas LLC Sells 1,294,158 Shares of Fidelity National Information Services, Inc. $FIS

Mizuho Markets Americas LLC lessened its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 35.2% during the first quarter, HoldingsChannel.com reports. The fund owned 2,378,011 shares of the information technology services provider’s stock after selling 1,294,158 shares during the period. Fidelity National Information Services makes up about 3.0% of Mizuho Markets Americas LLC’s holdings, making the stock its 6th biggest holding. Mizuho Markets Americas LLC’s holdings in Fidelity National Information Services were worth $111,552,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC acquired a new position in Fidelity National Information Services during the 4th quarter worth approximately $347,000. Geneos Wealth Management Inc. boosted its position in Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after buying an additional 431 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Fidelity National Information Services during the second quarter worth $302,000. Marshall Wace LLP bought a new stake in shares of Fidelity National Information Services during the second quarter worth $4,896,000. Finally, Cresset Asset Management LLC increased its holdings in shares of Fidelity National Information Services by 20.5% during the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after buying an additional 901 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FIS shares. BNP Paribas Exane cut their price objective on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. TD Cowen lowered their target price on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Morgan Stanley started coverage on Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price for the company. Barclays assumed coverage on Fidelity National Information Services in a research note on Wednesday, July 8th. They set an “equal weight” rating and a $44.00 price target on the stock. Finally, Weiss Ratings downgraded Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $58.77.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $40.03 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $82.62. The stock has a market cap of $20.69 billion, a price-to-earnings ratio of 7.76, a P/E/G ratio of 0.40 and a beta of 0.80. The company’s fifty day moving average is $40.88 and its 200 day moving average is $47.51.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.08. The business had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.Fidelity National Information Services’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period last year, the company earned $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 forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is 34.11%.

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.