Fidelity National Information Services, Inc. (FIS) – What Are Brokerages Thinking About This Stock?

Fidelity National Information Services, Inc. (NYSE:FIS) has received an average rating of “Hold” from the twenty-five brokerages that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $49.28.

Several research firms have issued reports on FIS. Piper Sandler initiated coverage on shares of Fidelity National Information Services in a research report on Friday, September 11th. They set a “neutral” rating and a $42.00 price target for the company. UBS Group reiterated a “neutral” rating on shares of Fidelity National Information Services in a report on Monday, September 21st. The Goldman Sachs Group lowered their target price on Fidelity National Information Services from $52.00 to $44.00 and set a “buy” rating for the company in a research note on Tuesday, October 13th. Stephens restated an “equal weight” rating and set a $50.00 target price on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Finally, TD Cowen dropped their target price on Fidelity National Information Services from $53.00 to $47.00 and set a “buy” rating for the company in a report on Friday, October 9th.

Insiders Place Their Bets

In related news, Director Jeffrey Goldstein acquired 1,585 shares of the stock in a transaction on Thursday, October 15th. The stock was purchased at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the transaction, the director owned 18,697 shares of the company’s stock, valued at $680,570.80. This trade represents a 9.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Fidelity National Information Services in the 2nd quarter worth approximately $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Fidelity National Information Services during the 2nd quarter valued at approximately $219,162,000. Bank of America Corp DE bought a new position in Fidelity National Information Services during the 2nd quarter valued at approximately $189,387,000. Legal & General Group Plc purchased a new position in Fidelity National Information Services during the second quarter valued at $129,815,000. Finally, Perpetual Ltd raised its stake in Fidelity National Information Services by 32.9% during the third quarter. Perpetual Ltd now owns 3,262,131 shares of the information technology services provider’s stock valued at $107,324,000 after buying an additional 807,482 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 1.2%

Shares of FIS opened at $36.41 on Wednesday. Fidelity National Information Services has a fifty-two week low of $32.10 and a fifty-two week high of $68.98. The firm has a market cap of $18.82 billion, a price-to-earnings ratio of 5.59, a PEG ratio of 0.42 and a beta of 0.81. The firm has a 50 day moving average price of $37.73 and a 200-day moving average price of $41.08. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.36 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. As a group, equities research analysts forecast that Fidelity National Information Services will post 6.20 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Friday, September 11th. Fidelity National Information Services’s payout ratio is 27.04%.

Fidelity National Information Services Company Profile

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.