Fidelity National Information Services, Inc. (NYSE:FIS) Receives $69.86 Average PT from Analysts

Fidelity National Information Services, Inc. (NYSE:FIS) has been given a consensus rating of “Moderate Buy” by the twenty-three analysts that are currently covering the firm, 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 1-year price objective among analysts that have issued ratings on the stock in the last year is $69.8571.

FIS has been the topic of several analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Argus lowered 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 report on Thursday, February 26th. Compass Point dropped their target price on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. UBS Group cut their price target on Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Finally, Wells Fargo & Company reduced their price target on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th.

Insider Activity

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

Hedge Funds Weigh In On Fidelity National Information Services

Hedge funds and other institutional investors have recently made changes to their positions in the company. Dodge & Cox raised its stake in Fidelity National Information Services by 22.2% during the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock worth $2,842,357,000 after buying an additional 7,830,710 shares during the period. Norges Bank acquired a new position in Fidelity National Information Services in the second quarter valued at about $624,858,000. Balyasny Asset Management L.P. increased its holdings in shares of Fidelity National Information Services by 585.9% in the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock worth $155,969,000 after acquiring an additional 2,852,118 shares in the last quarter. Pinebridge Investments LLC bought a new stake in shares of Fidelity National Information Services in the fourth quarter worth about $114,799,000. Finally, TOMS Capital Investment Management LP acquired a new stake in shares of Fidelity National Information Services during the fourth quarter worth about $110,589,000. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $47.41 on Friday. The business’s 50-day simple moving average is $51.17 and its 200 day simple moving average is $60.64. 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 stock has a market cap of $24.39 billion, a price-to-earnings ratio of 64.95, a P/E/G ratio of 0.46 and a beta of 0.90. Fidelity National Information Services has a 12-month low of $46.13 and a 12-month high of $82.74.

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 the consensus estimate of $1.69 by ($0.01). The firm had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, research analysts anticipate that Fidelity National Information Services will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.7%. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date was Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is 241.10%.

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.