Fidelity National Information Services (NYSE:FIS – Free Report) had its price objective reduced by Barclays from $38.00 to $30.00 in a research note published on Thursday morning,Benzinga reports. They currently have an equal weight rating on the information technology services provider’s stock.
A number of other analysts have also weighed in on the company. TD Cowen reduced their target price on Fidelity National Information Services from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Susquehanna dropped their target price on Fidelity National Information Services from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday. Wells Fargo & Company cut their price objective on shares of Fidelity National Information Services from $46.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Thursday. Oppenheimer downgraded Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Finally, Wolfe Research upped their price target on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Fidelity National Information Services has an average rating of “Hold” and an average target price of $42.88.
Get Our Latest Analysis on Fidelity National Information Services
Fidelity National Information Services Trading Down 1.2%
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a return on equity of 20.42% and a net margin of 26.77%. The company had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same quarter in the prior year, the firm posted $1.51 EPS. Fidelity National Information Services’s quarterly revenue was up 27.1% compared to the same quarter last year. As a group, research analysts expect that Fidelity National Information Services will post 5.96 EPS for the current year.
Fidelity National Information Services Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Monday, December 14th. This represents a $1.76 dividend on an annualized basis and a yield of 6.0%. Fidelity National Information Services’s dividend payout ratio is 27.04%.
Insider Activity at Fidelity National Information Services
In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of Fidelity National Information Services stock in a transaction dated Thursday, October 15th. The stock was acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the purchase, the director directly owned 18,697 shares in the company, valued at $680,570.80. This represents a 9.26% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Azzad Asset Management Inc. ADV lifted its stake in Fidelity National Information Services by 2.0% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider’s stock worth $591,000 after purchasing an additional 250 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in Fidelity National Information Services by 4.8% during the second quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock worth $246,000 after purchasing an additional 290 shares during the period. Signaturefd LLC lifted its holdings in Fidelity National Information Services by 4.7% during the 3rd quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock worth $224,000 after buying an additional 303 shares in the last quarter. Bleakley Financial Group LLC raised its stake in shares of Fidelity National Information Services by 0.3% in the first quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock valued at $5,399,000 after acquiring an additional 328 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Fidelity National Information Services by 4.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock valued at $256,000 after purchasing an additional 349 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.
Fidelity National Information Services News Roundup
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: FIS reported third-quarter adjusted earnings of $1.61 per share, slightly above the $1.60 consensus, while revenue of $3.45 billion also topped expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
- Neutral Sentiment: Some analysts still see potential upside from current levels: TD Cowen maintained a Buy rating with a $38 target, and Goldman Sachs retained Buy with a $35 target. Both firms lowered their targets, however, reflecting a more cautious outlook. TD Cowen recommendations
- Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also reduced its Banking Solutions revenue-growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and bank consolidation. FIS Cuts Banking Growth Outlook Amid Project Delays
- Negative Sentiment: The company plans to pause share buybacks and limit some M&A as it focuses on deleveraging, reducing a potential source of shareholder returns. FIS Plunges as Fintech Halts Buybacks, Some M&A to Deleverage
- Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty amid the outlook reduction. FIS Announces CFO Transition
- Negative Sentiment: Several firms downgraded FIS or sharply reduced price targets, including Bank of America and RBC; the wave of revisions signals diminished confidence despite targets generally remaining above the cited share price. Bank of America recommendations
About Fidelity National Information Services
Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.
FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.
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