Fidelity National Information Services, Inc. (NYSE:FIS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) have earned an average rating of “Moderate Buy” from the twenty-two analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $61.3333.

Several equities analysts recently commented on the stock. Wall Street Zen downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Citigroup dropped their target price on shares of Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Argus dropped their target price on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Susquehanna dropped their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Finally, UBS Group dropped their target price on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Monday, May 11th.

Institutional Investors Weigh In On Fidelity National Information Services

Several hedge funds have recently modified their holdings of FIS. Dodge & Cox lifted its position in shares of Fidelity National Information Services by 22.2% in 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 purchasing an additional 7,830,710 shares during the period. Norges Bank purchased a new stake in shares of Fidelity National Information Services in the 4th quarter worth approximately $495,956,000. Balyasny Asset Management L.P. lifted its position in shares of Fidelity National Information Services by 585.9% in the 3rd 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 purchasing an additional 2,852,118 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Fidelity National Information Services by 228.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,015,663 shares of the information technology services provider’s stock worth $141,465,000 after purchasing an additional 2,098,139 shares during the period. Finally, Renaissance Technologies LLC purchased a new stake in shares of Fidelity National Information Services in the 1st quarter worth approximately $82,962,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of NYSE:FIS opened at $38.61 on Thursday. The company has a market capitalization of $19.96 billion, a price-to-earnings ratio of 7.48, a PEG ratio of 0.39 and a beta of 0.78. Fidelity National Information Services has a 12 month low of $37.91 and a 12 month high of $82.74. The firm’s 50-day moving average is $43.76 and its 200 day moving average is $52.29. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.21 EPS. 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. Research analysts predict that Fidelity National Information Services will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is currently 34.11%.

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.