Fidelity National Information Services (NYSE:FIS) Stock Price Target Lowered at The Goldman Sachs Group

Fidelity National Information Services (NYSE:FIS) had its price target lowered by The Goldman Sachs Group from $44.00 to $35.00 in a research note released on Thursday,Benzinga reports. The firm currently has a buy rating on the information technology services provider’s stock.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada lowered shares of Fidelity National Information Services from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $53.00 to $37.00 in a research report on Thursday. Keefe, Bruyette & Woods cut their price objective on shares of Fidelity National Information Services from $50.00 to $42.00 and set an “outperform” rating for the company in a report on Thursday. JPMorgan Chase & Co. lowered shares of Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 price objective for the company. in a research note on Wednesday. Weiss Ratings cut shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 10th. Finally, UBS Group restated an “outperform” rating on shares of Fidelity National Information Services in a research report on Thursday. Nine research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $42.88.

Fidelity National Information Services Trading Down 1.2%

Shares of FIS opened at $29.40 on Thursday. Fidelity National Information Services has a fifty-two week low of $28.86 and a fifty-two week high of $68.37. The business has a 50-day moving average of $36.47 and a 200 day moving average of $43.31. The firm has a market cap of $15.20 billion, a P/E ratio of 4.39, a price-to-earnings-growth ratio of 0.36 and a beta of 0.84. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.53 and a current ratio of 0.55.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.60 by $0.01. The business had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.43 billion. Fidelity National Information Services had a net margin of 26.77% and a return on equity of 20.42%. The company’s revenue was up 27.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.51 earnings per share. As a group, research analysts forecast that Fidelity National Information Services will post 5.96 EPS for the current year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio is 27.04%.

Insider Transactions at Fidelity National Information Services

In other news, Director Jeffrey Goldstein purchased 1,585 shares of the business’s stock in a transaction on Thursday, October 15th. The stock was purchased at an average cost of $36.40 per share, with a total value of $57,694.00. Following the acquisition, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Fifth Third Bancorp boosted its stake in Fidelity National Information Services by 15.1% during the third quarter. Fifth Third Bancorp now owns 257,368 shares of the information technology services provider’s stock valued at $8,467,000 after buying an additional 33,672 shares during the period. Maryland State Retirement & Pension System increased its stake in Fidelity National Information Services by 12.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 30,940 shares of the information technology services provider’s stock worth $1,018,000 after acquiring an additional 3,466 shares during the last quarter. Jacobi Capital Management LLC purchased a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at about $123,000. First Command Advisory Services Inc. raised its holdings in shares of Fidelity National Information Services by 362.9% in the 3rd quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock valued at $37,000 after acquiring an additional 889 shares in the last quarter. Finally, AlphaCore Capital LLC raised its holdings in shares of Fidelity National Information Services by 127.5% in the 3rd quarter. AlphaCore Capital LLC now owns 12,959 shares of the information technology services provider’s stock valued at $426,000 after acquiring an additional 7,262 shares in the last quarter. Institutional investors own 96.23% 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:

• Positive Sentiment: FIS reported third-quarter adjusted earnings of $1.61 per share, slightly above the $1.60 consensus, while revenue of $3.45 billion also topped expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: Some analysts still see potential upside from current levels: TD Cowen maintained a Buy rating with a $38 target, and Goldman Sachs retained Buy with a $35 target. Both firms lowered their targets, however, reflecting a more cautious outlook. TD Cowen recommendations
• Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also reduced its Banking Solutions revenue-growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and bank consolidation. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: The company plans to pause share buybacks and limit some M&A as it focuses on deleveraging, reducing a potential source of shareholder returns. FIS Plunges as Fintech Halts Buybacks, Some M&A to Deleverage
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty amid the outlook reduction. FIS Announces CFO Transition
• Negative Sentiment: Several firms downgraded FIS or sharply reduced price targets, including Bank of America and RBC; the wave of revisions signals diminished confidence despite targets generally remaining above the cited share price. Bank of America recommendations

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.