Fidelity National Information Services, Inc. (NYSE:FIS) Receives Average Rating of “Moderate Buy” from Brokerages

Fidelity National Information Services, Inc. (NYSE:FISGet Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-three analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $69.8571.

A number of brokerages recently weighed in on FIS. TD Cowen decreased their price target on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Wells Fargo & Company reduced their price objective on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. UBS Group decreased their target price on Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Stephens lowered their target price on 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. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Thursday, January 22nd.

Check Out Our Latest Report on Fidelity National Information Services

Fidelity National Information Services Trading Down 1.1%

NYSE FIS opened at $46.90 on Friday. The firm has a market capitalization of $24.12 billion, a price-to-earnings ratio of 64.24, a PEG ratio of 0.46 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services has a one year low of $46.13 and a one year high of $82.74. The company’s 50 day moving average price is $51.49 and its 200 day moving average price is $60.88.

Fidelity National Information Services (NYSE:FISGet Free Report) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the prior year, the firm earned $1.40 earnings per share. Fidelity National Information Services’s quarterly revenue was up 8.2% compared to the same quarter last year. 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. On average, sell-side 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 disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.44 per share. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Tuesday, March 10th. Fidelity National Information Services’s payout ratio is 241.10%.

Insiders Place Their Bets

In other news, CEO Stephanie Ferris bought 19,846 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was acquired at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the purchase, the chief executive officer owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeffrey A. Goldstein purchased 941 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were purchased at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the acquisition, the director owned 14,529 shares in the company, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.21% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Hedge funds and other institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC boosted its holdings in Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 194 shares during the last quarter. Raiffeisen Bank International AG purchased a new stake in Fidelity National Information Services during the 3rd quarter worth approximately $29,000. LRI Investments LLC increased its holdings in Fidelity National Information Services by 613.1% during the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Fidelity National Information Services in the 3rd quarter valued at approximately $29,000. Finally, GoalVest Advisory LLC purchased a new position in shares of Fidelity National Information Services during the 4th quarter valued at approximately $33,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

About Fidelity National Information Services

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Fidelity National Information Services (NYSE:FIS)

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