Fidelity National Information Services (NYSE:FIS) Sets New 52-Week Low – Should You Sell?

Fidelity National Information Services, Inc. (NYSE:FIS) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $46.13 and last traded at $46.9290, with a volume of 879513 shares trading hands. The stock had previously closed at $47.41.

Analyst Upgrades and Downgrades

FIS has been the topic of a number of research analyst reports. The Goldman Sachs Group began coverage on Fidelity National Information Services in a research note on Monday, March 9th. They issued a “buy” rating and a $70.00 price target on the stock. TD Cowen decreased their price objective on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $70.00 price objective on shares of Fidelity National Information Services in a research report on Thursday, January 15th. Argus cut their target price on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Finally, BNP Paribas Exane reduced their target price on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a report on Tuesday, January 20th. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average price target of $69.86.

Fidelity National Information Services Price Performance

The company has a 50 day moving average of $51.49 and a 200-day moving average of $60.82. The firm has a market capitalization of $24.12 billion, a P/E ratio of 64.24, a P/E/G ratio of 0.46 and a beta of 0.90. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The firm had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same period in the prior year, the company earned $1.40 earnings per share. The business’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, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were given a dividend of $0.44 per share. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, March 10th. Fidelity National Information Services’s payout ratio is 241.10%.

Insider Activity

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 941 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were purchased at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the transaction, the director directly owned 14,529 shares in the company, valued at approximately $931,454.19. This trade represents a 6.93% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stephanie Ferris bought 19,846 shares of the stock in a transaction dated Thursday, March 5th. The shares were acquired at an average cost 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 of the company’s stock, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by insiders.

Institutional Investors Weigh In On Fidelity National Information Services

A number of large investors have recently added to or reduced their stakes in the stock. Old North State Trust LLC raised its holdings in Fidelity National Information Services by 38.7% in the 4th quarter. Old North State Trust LLC now owns 6,714 shares of the information technology services provider’s stock valued at $446,000 after acquiring an additional 1,875 shares in the last quarter. Purpose Unlimited Inc. acquired a new stake in shares of Fidelity National Information Services during the 4th quarter worth $88,000. Hsbc Holdings PLC grew its holdings in shares of Fidelity National Information Services by 4.3% during the 4th quarter. Hsbc Holdings PLC now owns 1,237,405 shares of the information technology services provider’s stock worth $82,347,000 after purchasing an additional 51,490 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Fidelity National Information Services by 13.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 21,139 shares of the information technology services provider’s stock worth $1,405,000 after purchasing an additional 2,478 shares during the period. Finally, Winthrop Partners WNY LLC bought a new position in shares of Fidelity National Information Services in the fourth quarter worth $682,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

About Fidelity National Information Services

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.