Seaport Res Ptn Issues Optimistic Outlook for FIS Earnings

Fidelity National Information Services, Inc. (NYSE:FIS) – Analysts at Seaport Res Ptn increased their Q3 2026 EPS estimates for shares of Fidelity National Information Services in a research note issued on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now expects that the information technology services provider will earn $1.65 per share for the quarter, up from their prior estimate of $1.64. The consensus estimate for Fidelity National Information Services’ current full-year earnings is $5.74 per share. Seaport Res Ptn also issued estimates for Fidelity National Information Services’ Q4 2026 earnings at $1.77 EPS and FY2026 earnings at $6.21 EPS.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. Fidelity National Information Services had a net margin of 8.10% and a return on equity of 18.15%. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the prior year, the company posted $1.33 EPS. The business’s revenue was up 2.6% on a year-over-year basis.

Several other research firms have also weighed in on FIS. UBS Group upped their target price on shares of Fidelity National Information Services from $81.00 to $84.00 and gave the stock a “neutral” rating in a report on Wednesday, May 7th. Citigroup raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $79.00 to $86.00 in a report on Monday, April 21st. Oppenheimer upgraded shares of Fidelity National Information Services from a “market perform” rating to an “outperform” rating and set a $94.00 target price on the stock in a research report on Wednesday, April 23rd. Truist Financial assumed coverage on shares of Fidelity National Information Services in a research report on Monday, June 2nd. They set a “hold” rating and a $84.00 target price on the stock. Finally, Royal Bank Of Canada cut their target price on shares of Fidelity National Information Services from $95.00 to $93.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 7th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $90.95.

Fidelity National Information Services Stock Up 0.9%

FIS opened at $79.37 on Wednesday. The firm’s 50-day simple moving average is $80.01 and its 200-day simple moving average is $76.85. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.63 and a current ratio of 0.63. Fidelity National Information Services has a twelve month low of $66.51 and a twelve month high of $91.98. The firm has a market cap of $41.70 billion, a price-to-earnings ratio of 52.57 and a beta of 1.06.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.02%. Fidelity National Information Services’s dividend payout ratio is currently 105.96%.

Hedge Funds Weigh In On Fidelity National Information Services

Several hedge funds have recently made changes to their positions in FIS. Norges Bank bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at $635,202,000. Baupost Group LLC MA bought a new position in Fidelity National Information Services during the first quarter worth $260,853,000. Nuveen LLC bought a new position in Fidelity National Information Services during the first quarter worth $187,514,000. Invesco Ltd. boosted its position in Fidelity National Information Services by 22.9% during the first quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock worth $694,824,000 after purchasing an additional 1,730,878 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in Fidelity National Information Services by 100.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,231,856 shares of the information technology services provider’s stock worth $261,037,000 after purchasing an additional 1,616,146 shares during the period. 96.23% of the stock is owned by institutional investors.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.