CenterBook Partners LP boosted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 2,253.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 223,864 shares of the information technology services provider’s stock after buying an additional 214,351 shares during the period. CenterBook Partners LP’s holdings in Fidelity National Information Services were worth $7,365,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Fidelity National Information Services in the 2nd quarter valued at about $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Fidelity National Information Services in the 2nd quarter worth approximately $219,162,000. Bank of America Corp DE bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth approximately $189,387,000. Legal & General Group Plc bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth approximately $129,815,000. Finally, Deutsche Bank AG acquired a new stake in Fidelity National Information Services during the second quarter valued at approximately $111,205,000. 96.23% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Fidelity National Information Services
In other news, Director Jeffrey Goldstein acquired 1,585 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The shares were purchased at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the acquisition, the director owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. This represents a 9.26% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.
Key Fidelity National Information Services News
Here are the key news stories impacting Fidelity National Information Services this week:
- Neutral Sentiment: Some analysts still see potential upside: TD Cowen, Goldman Sachs and Keefe, Bruyette & Woods retained positive ratings, although each reduced its price target. TD Cowen rating
- Negative Sentiment: FIS lowered its fiscal 2026 outlook, a key catalyst behind the selloff. The company also said CFO James Kehoe will step down, with Alexandra Brooks named interim CFO—adding uncertainty during a period of weaker expectations. FIS outlook and CFO transition
- Negative Sentiment: Analyst sentiment has broadly weakened. Argus and Wolfe Research cut their ratings to Hold; Bank of America, JPMorgan, RBC and others also moved to more cautious ratings. UBS, Citi, Barclays, Piper Sandler and several peers lowered price targets, signaling reduced expectations. Argus downgrade
- Negative Sentiment: Bank of America cited the possibility of delayed capital returns as an additional concern, while shareholder-law firms announced investigations into potential securities claims. These notices are not findings of wrongdoing, but may add reputational and legal uncertainty. BofA downgrade and capital-return concern
Fidelity National Information Services Stock Down 2.5%
Shares of NYSE FIS traded down $0.72 during mid-day trading on Friday, reaching $28.66. The company had a trading volume of 11,110,789 shares, compared to its average volume of 5,734,265. 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 company has a market capitalization of $14.82 billion, a price-to-earnings ratio of 4.28, a PEG ratio of 0.47 and a beta of 0.84. The stock has a fifty day moving average of $36.23 and a two-hundred day moving average of $43.15. Fidelity National Information Services, Inc. has a 12-month low of $28.39 and a 12-month high of $68.37.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.01. The company had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.43 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company’s revenue was up 27.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.51 EPS. As a group, equities research analysts expect that Fidelity National Information Services, Inc. will post 5.89 EPS for the current year.
Fidelity National Information Services Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Monday, December 14th. This represents a $1.76 annualized dividend and a dividend yield of 6.1%. Fidelity National Information Services’s payout ratio is presently 27.04%.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on FIS. Susquehanna reduced their target price on shares of Fidelity National Information Services from $37.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday. William Blair cut Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a report on Wednesday. Cantor Fitzgerald cut their price objective on Fidelity National Information Services from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, October 16th. Piper Sandler decreased their target price on Fidelity National Information Services from $42.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Argus lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Friday. Six research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $42.20.
Read Our Latest Stock Analysis on FIS
About Fidelity National Information Services
Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.
FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.
See Also
- Five stocks we like better than Fidelity National Information Services
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
Want to see what other hedge funds are holding FIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Information Services, Inc. (NYSE:FIS – Free Report).
Receive News & Ratings for Fidelity National Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Services and related companies with MarketBeat.com's FREE daily email newsletter.
