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

Fidelity National Information Services, Inc. (NYSE:FIS) has been given an average recommendation of “Hold” by the twenty-four brokerages that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $59.9565.

Several analysts recently commented on the stock. UBS Group reduced 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. Wall Street Zen downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Weiss Ratings downgraded Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday. Morgan Stanley assumed coverage on Fidelity National Information Services in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 target price on the stock. Finally, Truist Financial dropped their price target on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a report on Thursday, May 28th.

Fidelity National Information Services Stock Up 0.0%

FIS opened at $41.99 on Monday. The stock’s fifty day simple moving average is $41.43 and its 200 day simple moving average is $49.12. Fidelity National Information Services has a 1-year low of $37.42 and a 1-year high of $82.62. The stock has a market cap of $21.70 billion, a PE ratio of 8.14, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80. 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 released its quarterly earnings data 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 $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the business posted $1.21 earnings per share. The company’s revenue for the quarter 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, research analysts expect that Fidelity National Information Services will post 6.28 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FIS. Salomon & Ludwin LLC grew its position in 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 buying an additional 194 shares in the last quarter. GoalVest Advisory LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $33,000. MBM Wealth Consultants LLC acquired a new stake in shares of Fidelity National Information Services during the 1st quarter worth $33,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Fidelity National Information Services by 251.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after purchasing an additional 362 shares during the period. Finally, Reflection Asset Management acquired a new position in Fidelity National Information Services in the fourth quarter valued at about $34,000. 96.23% of the stock is owned by institutional investors.

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.