Fidelity National Information Services (NYSE:FIS) Hits New 12-Month Low – Time to Sell?

Fidelity National Information Services, Inc. (NYSE:FIS) hit a new 52-week low on Thursday . The company traded as low as $44.56 and last traded at $45.1660, with a volume of 7527816 shares. The stock had previously closed at $46.91.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Argus dropped their price target on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. UBS Group decreased their price objective on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Citigroup dropped their target price on shares of Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. TD Cowen cut 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 note on Wednesday, February 25th. Finally, Truist Financial decreased their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a report on Tuesday, March 3rd. 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 company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $69.86.

Fidelity National Information Services Price Performance

The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $23.23 billion, a PE ratio of 61.87, a PEG ratio of 0.46 and a beta of 0.90. The business has a fifty day moving average price of $50.60 and a 200-day moving average price of $60.39.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 3.58% and a return on equity of 21.21%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $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 expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, March 10th. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 241.10%.

Insiders Place Their Bets

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of the stock in a transaction on Thursday, January 15th. The stock was acquired at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the purchase, the director directly owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This trade represents a 6.93% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Stephanie Ferris purchased 19,846 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were acquired at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the transaction, the chief executive officer 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 ownership of the stock. The SEC filing for this purchase provides additional information. 0.21% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FIS. Old North State Trust LLC boosted its holdings in Fidelity National Information Services by 38.7% during 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 during the period. Purpose Unlimited Inc. purchased a new position in Fidelity National Information Services in the 4th quarter worth approximately $88,000. Hsbc Holdings PLC lifted its position in Fidelity National Information Services by 4.3% in the fourth quarter. Hsbc Holdings PLC now owns 1,237,405 shares of the information technology services provider’s stock valued at $82,347,000 after purchasing an additional 51,490 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of Fidelity National Information Services by 13.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 21,139 shares of the information technology services provider’s stock valued at $1,405,000 after purchasing an additional 2,478 shares during the period. Finally, Winthrop Partners WNY LLC purchased a new stake in shares of Fidelity National Information Services during the fourth quarter valued at approximately $682,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

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.