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

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) have been given an average rating of “Moderate Buy” by the twenty-two brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $61.5714.

A number of analysts have commented on FIS shares. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Raymond James Financial lowered their target price on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. UBS Group lowered their target price on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Finally, Susquehanna lowered their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th.

Fidelity National Information Services Price Performance

FIS opened at $43.60 on Friday. The company has a fifty day moving average price of $46.39 and a two-hundred day moving average price of $55.34. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services has a 52 week low of $41.33 and a 52 week high of $82.74. The firm has a market capitalization of $22.53 billion, a PE ratio of 8.45, a P/E/G ratio of 0.43 and a beta of 0.82.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the previous year, the business earned $1.21 EPS. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. As a group, analysts anticipate that Fidelity National Information Services will post 6.28 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

Insider Buying and Selling at Fidelity National Information Services

In other news, CEO Stephanie Ferris purchased 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The shares were bought at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.28% of the stock is currently owned by corporate 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. Salomon & Ludwin LLC boosted its position in shares of Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares in the last quarter. Raiffeisen Bank International AG bought a new position in shares of Fidelity National Information Services during the third quarter worth $29,000. LRI Investments LLC boosted its position in shares of Fidelity National Information Services by 613.1% during the third 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 in the last quarter. Root Financial Partners LLC bought a new position in shares of Fidelity National Information Services during the third quarter worth $29,000. Finally, GoalVest Advisory LLC bought a new position in shares of Fidelity National Information Services during the fourth quarter worth $33,000. 96.23% of the stock is owned by institutional investors.

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.