Fidelity National Information Services’ (FIS) Outperform Rating Reiterated at William Blair

William Blair reaffirmed their outperform rating on shares of Fidelity National Information Services (NYSE:FIS) in a research report sent to investors on Tuesday,RTT News reports. William Blair also issued estimates for Fidelity National Information Services’ Q1 2025 earnings at $1.18 EPS, Q2 2025 earnings at $1.43 EPS, Q3 2025 earnings at $1.52 EPS, Q4 2025 earnings at $1.59 EPS, FY2025 earnings at $5.72 EPS, Q1 2026 earnings at $1.32 EPS, Q2 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.60 EPS, Q4 2026 earnings at $1.67 EPS and FY2026 earnings at $6.13 EPS.

A number of other research analysts have also recently commented on the company. Stephens decreased their price target on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. BNP Paribas cut Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 20th. Susquehanna lowered shares of Fidelity National Information Services from a “positive” rating to a “neutral” rating and cut their price target for the stock from $103.00 to $81.00 in a research note on Wednesday, February 12th. Barclays lowered their price objective on shares of Fidelity National Information Services from $102.00 to $85.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Wells Fargo & Company cut their target price on shares of Fidelity National Information Services from $88.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Fidelity National Information Services currently has a consensus rating of “Hold” and an average target price of $87.36.

Fidelity National Information Services Stock Up 0.7 %

FIS stock opened at $69.89 on Tuesday. Fidelity National Information Services has a one year low of $62.17 and a one year high of $91.98. The firm has a market cap of $37.02 billion, a PE ratio of 26.78, a PEG ratio of 1.23 and a beta of 1.04. The firm’s 50 day moving average price is $78.98 and its 200-day moving average price is $82.56. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same period last year, the firm posted $0.94 EPS. On average, equities research analysts anticipate that Fidelity National Information Services will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.29%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 55.17%.

Insider Activity

In related news, Director Jeffrey A. Goldstein acquired 701 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was bought at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the purchase, the director now directly owns 11,098 shares of the company’s stock, valued at approximately $887,507.06. The trade was a 6.74 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Hedge funds and other institutional investors have recently made changes to their positions in the company. Capital Research Global Investors grew its stake in Fidelity National Information Services by 3.8% during the 4th quarter. Capital Research Global Investors now owns 29,433,286 shares of the information technology services provider’s stock worth $2,377,325,000 after buying an additional 1,082,929 shares during the last quarter. State Street Corp boosted its holdings in shares of Fidelity National Information Services by 0.9% in the third quarter. State Street Corp now owns 24,722,275 shares of the information technology services provider’s stock valued at $2,070,491,000 after acquiring an additional 211,787 shares during the period. Geode Capital Management LLC grew its position in shares of Fidelity National Information Services by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 13,051,569 shares of the information technology services provider’s stock worth $1,052,819,000 after acquiring an additional 208,127 shares during the last quarter. Boston Partners raised its position in Fidelity National Information Services by 3.9% in the 4th quarter. Boston Partners now owns 11,999,052 shares of the information technology services provider’s stock valued at $968,326,000 after purchasing an additional 446,544 shares during the last quarter. Finally, Norges Bank acquired a new stake in Fidelity National Information Services during the 4th quarter worth $635,202,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

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.