Fidelity National Information Services (NYSE:FIS) Now Covered by Analysts at The Goldman Sachs Group

The Goldman Sachs Group initiated coverage on shares of Fidelity National Information Services (NYSE:FIS) in a research report released on Monday morning. The firm issued a buy rating and a $70.00 target price on the information technology services provider’s stock.

Other equities analysts also recently issued reports about the company. BNP Paribas Exane dropped their target price on Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a research report on Tuesday, January 20th. Stephens lowered their price objective on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Thursday, January 22nd. JPMorgan Chase & Co. reduced their target price on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Finally, Royal Bank Of Canada decreased their price target on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Fourteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $69.86.

Fidelity National Information Services Stock Up 0.2%

Shares of NYSE FIS opened at $51.59 on Monday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The business’s 50 day moving average is $56.13 and its two-hundred day moving average is $62.76. Fidelity National Information Services has a 52-week low of $46.16 and a 52-week high of $82.74. The firm has a market cap of $26.54 billion, a price-to-earnings ratio of 70.67, a PEG ratio of 0.50 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.01). The firm had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.40 earnings per share. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. Research analysts predict that Fidelity National Information Services will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.4%. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio is 219.18%.

Insider Activity at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein purchased 941 shares of the stock in a transaction on Thursday, January 15th. The stock was bought at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the acquisition, the director directly owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. The trade was a 6.93% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The stock was purchased at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the acquisition, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This represents a 7.59% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Institutional investors have recently bought and sold shares of the business. Brighton Jones LLC purchased a new stake in Fidelity National Information Services during the fourth quarter worth approximately $347,000. Geneos Wealth Management Inc. increased its stake in Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Fidelity National Information Services during the second quarter worth approximately $302,000. Savant Capital LLC lifted its position in shares of Fidelity National Information Services by 11.8% during the 2nd quarter. Savant Capital LLC now owns 48,609 shares of the information technology services provider’s stock worth $3,957,000 after buying an additional 5,118 shares during the last quarter. Finally, Aviva PLC boosted its holdings in shares of Fidelity National Information Services by 6.5% in the 2nd quarter. Aviva PLC now owns 401,063 shares of the information technology services provider’s stock valued at $32,651,000 after buying an additional 24,315 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.