Fidelity National Information Services (NYSE:FIS) Upgraded at Barclays

Barclays upgraded shares of Fidelity National Information Services (NYSE:FIS) to a hold rating in a research report released on Tuesday,Zacks.com reports.

A number of other analysts also recently commented on the stock. Royal Bank Of Canada cut their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, May 8th. The Goldman Sachs Group lowered their price objective on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. TD Cowen reduced their price target on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. UBS Group dropped their price objective 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. Finally, BNP Paribas Exane decreased their target price on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $59.96.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $41.55 on Tuesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The stock’s 50 day simple moving average is $41.51 and its 200-day simple moving average is $49.30. The company has a market cap of $21.48 billion, a PE ratio of 8.05, a price-to-earnings-growth ratio of 0.40 and a beta of 0.80. Fidelity National Information Services has a 1-year low of $37.42 and a 1-year high of $82.62.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data 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. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the company earned $1.21 EPS. The firm’s 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, equities research analysts anticipate that Fidelity National Information Services will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. Fidelity National Information Services’s payout ratio is 34.11%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Nordea Investment Management AB lifted its stake in Fidelity National Information Services by 15.4% in the fourth quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock worth $96,048,000 after acquiring an additional 191,957 shares during the last quarter. Clear Trail Advisors LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter worth $2,590,000. SG Americas Securities LLC grew its stake in shares of Fidelity National Information Services by 702.1% during the fourth quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock worth $38,283,000 after purchasing an additional 504,215 shares in the last quarter. Norges Bank purchased a new position in Fidelity National Information Services in the fourth quarter valued at $495,956,000. Finally, Brighton Jones LLC acquired a new stake in Fidelity National Information Services in the fourth quarter valued at $347,000. 96.23% of the stock is owned by institutional investors and hedge funds.

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.