Midwest Trust 13F: Cuts FIS Stake by $3.3M

Midwest Trust cut its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 79.3% during the latest quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026. The firm sold 99,231 shares of the financial technology provider, leaving it with 25,939 shares valued at about $853,393.

FIS Fidelity National Information Services, Inc.

$38.29 ▼ -39.79% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Midwest Trust's Fidelity National Information Services Position

Midwest Trust lowered its exposure to Fidelity National Information Services by selling 99,231 shares. The reduction brought the firm's total holdings down to 25,939 shares. The remaining position had a reported value of $853,393 at the time of the filing.

Other Institutional Activity in Fidelity National Information Services

Other large money managers adjusted their positions in the technology firm as well. Dodge & Cox Inc. reduced its holdings by 4,907 shares, ending the period with 49,069,080 shares worth about $1.88 billion.

Fidelity National Information Services, Inc. Stock Up 4.1%

The stock recently traded around $37.91 as of October 23, 2026, down about 1.0% from its October 22 closing price of $38.29. The share price sits below its 200-day moving average of $44.59 and far below its 52-week high of $68.98.

Recent Earnings

Fidelity National Information Services reported trailing twelve month revenue of $12.20 billion and earnings of $6.84 per share. The company posted a net margin of 27.6% and a return on equity of 22.3%. Its next earnings report is scheduled for November 4, 2026.

Dividend

The company pays an annual dividend of $1.76 per share, giving it a dividend yield of 4.6% based on recent trading levels. The payout ratio sits at 25.8%.

Insider Buying and Selling at Fidelity National Information Services, Inc.

Company insiders were active in the shares leading up to the filing. Director Jeffrey A. Goldstein bought 1,197 shares on April 15, 2026, at $47.39 per share for a total of $56,726. Later, Anil Chakravarthy acquired 5,485 shares on June 15, 2026. Goldstein returned to buy 1,386 shares on July 15, 2026, at $41.39 per share totaling $57,367, and added another 1,585 shares through a planned transaction on October 15, 2026, at $36.40 per share for $57,694.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. TD Cowen maintained a buy rating with a $47.00 price target on October 9, 2026. Susquehanna kept a neutral rating with a $37.00 target on October 13, 2026. On the same day, Goldman Sachs maintained a buy rating and set a $44.00 target. Citigroup maintained a neutral rating with a $39.00 target on October 16, 2026, while Cantor Fitzgerald kept an overweight rating with a $45.00 target. The stock holds a consensus buy rating and a mean price target of $47.28 across 25 analyst opinions.

About Fidelity National Information Services

Fidelity National Information Services provides core processing, mobile banking, fraud protection, and payment solutions to banks, businesses, and wealth management firms worldwide. The company operates through segments focused on banking, capital markets, and corporate services.

Bottom Line

Investors will watch for the company's upcoming earnings report on November 4, 2026, to gauge operational momentum. Further institutional filings will reveal whether other large holders follow Midwest Trust in trimming their positions.