Fidelity National Information Services (NYSE:FIS) Stock: Insider Jeffrey Goldstein Buys 1,585 Shares

Fidelity National Information Services, Inc. (NYSE:FIS) Director Jeffrey Goldstein acquired 1,585 shares of the 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 completion of the transaction, the director owned 18,697 shares in the company, valued at approximately $680,570.80. This represents a 9.26% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fidelity National Information Services Stock Down 0.5%

Shares of Fidelity National Information Services stock opened at $35.95 on Friday. Fidelity National Information Services, Inc. has a one year low of $32.10 and a one year high of $68.98. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The stock’s 50-day moving average is $37.99 and its 200 day moving average is $41.26. The firm has a market cap of $18.58 billion, a price-to-earnings ratio of 5.52, a PEG ratio of 0.38 and a beta of 0.81.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The firm’s revenue was up 29.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Equities research analysts anticipate that Fidelity National Information Services, Inc. will post 6.20 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.9%. Fidelity National Information Services’s dividend payout ratio (DPR) is 27.04%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in FIS. Rexford Capital Inc. grew its stake in Fidelity National Information Services by 16.1% in the first quarter. Rexford Capital Inc. now owns 1,656 shares of the information technology services provider’s stock valued at $78,000 after acquiring an additional 230 shares during the period. Azzad Asset Management Inc. ADV raised its position in shares of Fidelity National Information Services by 2.0% during the first 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 during the period. Dynamic Advisor Solutions LLC raised its position in shares of 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. New England Capital Financial Advisors LLC raised its position in shares of Fidelity National Information Services by 21.8% during the first quarter. New England Capital Financial Advisors LLC now owns 1,692 shares of the information technology services provider’s stock worth $79,000 after purchasing an additional 303 shares during the period. Finally, Bleakley Financial Group LLC lifted its holdings in shares of Fidelity National Information Services by 0.3% in the 1st quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock worth $5,399,000 after purchasing an additional 328 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services News Roundup

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $42 price target, implying potential upside and adding a bullish institutional view. Bank of America coverage details
• Positive Sentiment: FIS and Anthropic made the FIS AML Investigations Agent commercially available to U.S. banks. The AI tool is designed to help financial institutions manage money-laundering investigations, potentially creating a new growth opportunity and strengthening FIS’s competitive position in banking technology. FIS and Anthropic launch AML investigations agent
• Positive Sentiment: A Zacks analysis cited rising free cash flow, expanding margins and acquisition synergies as possible catalysts for a rebound after the stock’s steep decline. Zacks FIS rebound analysis
• Neutral Sentiment: Cantor Fitzgerald lowered its target from $50 to $45 but maintained an Overweight rating, while Citigroup cut its target from $45 to $39 and moved to Neutral. The revisions reduce expectations but still leave analysts’ targets above the current trading level.
• Negative Sentiment: Susquehanna also reduced its price target, to $37. The cluster of target cuts suggests analysts remain cautious about FIS’s near-term earnings outlook and valuation, contributing to pressure on the shares. Susquehanna cuts FIS price target

Analyst Ratings Changes

Several research firms have recently weighed in on FIS. Piper Sandler began coverage on shares of Fidelity National Information Services in a research note on Friday, September 11th. They issued a “neutral” rating and a $42.00 price objective for the company. Susquehanna cut their target price on shares of Fidelity National Information Services from $46.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday. Barclays cut their target price on shares of Fidelity National Information Services from $43.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Friday, October 9th. The Goldman Sachs Group reduced their price target on shares of Fidelity National Information Services from $52.00 to $44.00 and set a “buy” rating for the company in a report on Tuesday, October 13th. Finally, TD Cowen decreased their price target on shares of Fidelity National Information Services from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Eleven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $49.28.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.

FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.