Fidelity National Information Services (NYSE:FIS) Sets New 12-Month Low Following Analyst Downgrade

Fidelity National Information Services, Inc. (NYSE:FIS)’s stock price hit a new 52-week low during trading on Wednesday after Wolfe Research downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $30.50 and last traded at $30.50, with a volume of 2,888,844 shares. The stock had previously closed at $38.99.

A number of other research analysts have also recently weighed in on the stock. Robert W. Baird cut their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research report on Friday, September 25th. Citigroup reduced their target price on shares of Fidelity National Information Services from $39.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday. Oppenheimer lowered shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a report on Wednesday. Weiss Ratings cut shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 10th. Finally, Truist Financial cut their price target on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating on the stock in a report on Friday, October 23rd. Eight analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $42.88.

Insider Activity

In other Fidelity National Information Services news, Director Jeffrey Goldstein purchased 1,585 shares of Fidelity National Information Services stock in a transaction dated Thursday, October 15th. The shares were acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the completion of the transaction, the director owned 18,697 shares in the company, valued at approximately $680,570.80. This trade represents a 9.26% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Key Fidelity National Information Services News

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: Third-quarter adjusted earnings were $1.61 per share versus analysts’ $1.60 estimate, while revenue of $3.45 billion slightly exceeded expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: Analysts sharply lowered price targets, though views remain mixed: some maintained Buy or Outperform ratings, while others downgraded FIS to Neutral or Market Perform. TD Cowen rating
• Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the $6.20 analyst consensus, and reduced its Banking Solutions growth forecast to 3.5%–4% from 5%–5.5%. The company cited customer project and conversion delays; expectations for a soft fourth quarter add to concerns. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. FIS is also halting buybacks and some M&A as it prioritizes debt reduction following its acquisition. The leadership change and reduced capital returns contributed to investor concern. FIS CFO transition announcement
• Negative Sentiment: Several brokerages downgraded FIS or cut targets after the revised outlook, and reports said the shares reached their lowest level in 14 years. Separate shareholder investigations have also been announced, though these notices do not establish wrongdoing. FIS shares drop to lowest level in 14 years

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FIS. Eurizon Capital SGR S.p.A. raised its position in Fidelity National Information Services by 29.3% during the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 69,974 shares of the information technology services provider’s stock worth $2,305,000 after buying an additional 15,848 shares during the last quarter. Fifth Third Bancorp lifted its stake in Fidelity National Information Services by 15.1% during the 3rd quarter. Fifth Third Bancorp now owns 257,368 shares of the information technology services provider’s stock valued at $8,467,000 after acquiring an additional 33,672 shares during the period. Maryland State Retirement & Pension System boosted its holdings in shares of 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 valued at $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 $123,000. Finally, First Command Advisory Services Inc. increased its stake in shares of Fidelity National Information Services by 362.9% in the third quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock worth $37,000 after acquiring an additional 889 shares during the period. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

The stock has a market cap of $15.20 billion, a price-to-earnings ratio of 4.39, a price-to-earnings-growth ratio of 0.36 and a beta of 0.84. The stock’s 50 day moving average price is $36.47 and its two-hundred day moving average price is $43.31. The company has a quick ratio of 0.53, a current ratio of 0.55 and a debt-to-equity ratio of 0.93.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results 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 net margin of 26.77% and a return on equity of 20.42%. The firm had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same quarter last year, the company posted $1.51 earnings per share. The firm’s revenue was up 27.1% compared to the same quarter last year. Equities research analysts forecast that Fidelity National Information Services, Inc. will post 5.96 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Shareholders of record on Monday, December 14th will be paid a dividend of $0.44 per share. The ex-dividend date is Monday, December 14th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.0%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

About Fidelity National Information Services

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.