Mirae Asset Global Investments Co. Ltd. Makes New Investment in Fidelity National Information Services, Inc. $FIS

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 131,815 shares of the information technology services provider’s stock, valued at approximately $4,337,000.

Several other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Fidelity National Information Services during the second quarter worth about $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Fidelity National Information Services during the 2nd quarter worth approximately $219,162,000. Bank of America Corp DE purchased a new position in Fidelity National Information Services during the 2nd quarter worth approximately $189,387,000. Legal & General Group Plc acquired a new position in Fidelity National Information Services during the second quarter worth approximately $129,815,000. Finally, Deutsche Bank AG acquired a new position in Fidelity National Information Services during the second quarter worth approximately $111,205,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

FIS traded down $0.72 on Friday, hitting $28.66. 11,110,789 shares of the company were exchanged, compared to its average volume of 5,734,265. The firm has a market capitalization of $14.82 billion, a P/E ratio of 4.28, a price-to-earnings-growth ratio of 0.47 and a beta of 0.84. 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 business’s fifty day moving average is $36.23 and its 200 day moving average is $43.15. Fidelity National Information Services, Inc. has a fifty-two week low of $28.39 and a fifty-two week high of $68.37.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The firm had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period in the previous year, the firm posted $1.51 earnings per share. Fidelity National Information Services’s revenue was up 27.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.89 EPS for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed 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. This represents a $1.76 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.

Analyst Ratings Changes

A number of brokerages have weighed in on FIS. Wolfe Research cut Fidelity National Information Services from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Argus cut shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Friday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating for the company in a research report on Tuesday, September 29th. Piper Sandler decreased their price target on shares of Fidelity National Information Services from $42.00 to $31.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, TD Cowen lowered their target price on Fidelity National Information Services from $47.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday. Six equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Fidelity National Information Services has an average rating of “Hold” and an average price target of $42.20.

Read Our Latest Stock Report on Fidelity National Information Services

Insiders Place Their Bets

In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of the company’s stock in a transaction on Thursday, October 15th. The stock was purchased at an average cost of $36.40 per share, for a total transaction of $57,694.00. Following the acquisition, the director owned 18,697 shares of the company’s stock, valued at $680,570.80. The trade was a 9.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.

Key Headlines Impacting Fidelity National Information Services

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 Profile

(Free Report)

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

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).

Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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