Robeco Institutional Asset Management B.V. Sells 23,063 Shares of Fidelity National Information Services, Inc. $FIS

Robeco Institutional Asset Management B.V. lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 30.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,806 shares of the information technology services provider’s stock after selling 23,063 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Fidelity National Information Services were worth $3,509,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Ritholtz Wealth Management increased its stake in shares of Fidelity National Information Services by 12.3% during the fourth quarter. Ritholtz Wealth Management now owns 25,445 shares of the information technology services provider’s stock worth $1,691,000 after purchasing an additional 2,795 shares during the period. Diversify Advisory Services LLC increased its stake in shares of Fidelity National Information Services by 13.8% during the fourth quarter. Diversify Advisory Services LLC now owns 4,428 shares of the information technology services provider’s stock worth $281,000 after purchasing an additional 537 shares during the period. Apollon Wealth Management LLC increased its stake in shares of Fidelity National Information Services by 47.2% during the fourth quarter. Apollon Wealth Management LLC now owns 7,533 shares of the information technology services provider’s stock worth $501,000 after purchasing an additional 2,417 shares during the period. V Square Quantitative Management LLC increased its stake in shares of Fidelity National Information Services by 7.6% during the fourth quarter. V Square Quantitative Management LLC now owns 12,613 shares of the information technology services provider’s stock worth $838,000 after purchasing an additional 896 shares during the period. Finally, OFI Invest Asset Management increased its stake in shares of Fidelity National Information Services by 8,073.5% during the fourth quarter. OFI Invest Asset Management now owns 131,266 shares of the information technology services provider’s stock worth $8,724,000 after purchasing an additional 129,660 shares during the period. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FIS. The Goldman Sachs Group lowered their target price on Fidelity National Information Services from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Monday. Cantor Fitzgerald started coverage on Fidelity National Information Services in a research note on Tuesday, January 27th. They set an “overweight” rating and a $72.00 target price on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $70.00 price target on shares of Fidelity National Information Services in a research report on Thursday, January 15th. Keefe, Bruyette & Woods reduced their price target 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. Finally, Truist Financial reduced their price target on Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a research report on Tuesday, March 3rd. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.71.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction on Thursday, March 5th. The shares were purchased at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the acquisition, the chief executive officer owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.21% of the company’s stock.

Fidelity National Information Services Trading Up 0.5%

Shares of NYSE:FIS opened at $48.58 on Friday. The company has a market capitalization of $24.99 billion, a P/E ratio of 66.54, a P/E/G ratio of 0.47 and a beta of 0.90. Fidelity National Information Services, Inc. has a 1 year low of $43.29 and a 1 year high of $82.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. The business’s 50 day simple moving average is $48.52 and its 200 day simple moving average is $59.00.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.40 EPS. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. On average, research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were issued a $0.44 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio (DPR) is 241.10%.

Fidelity National Information Services 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.