Susquehanna Cuts Fidelity National Information Services (NYSE:FIS) Price Target to $55.00

Fidelity National Information Services (NYSE:FISFree Report) had its price objective reduced by Susquehanna from $69.00 to $55.00 in a research note released on Wednesday,Benzinga reports. Susquehanna currently has a neutral rating on the information technology services provider’s stock.

Other equities research analysts also recently issued research reports about the company. Royal Bank Of Canada lowered their price objective on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. cut their target price on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Thursday, January 22nd. Compass Point decreased their target price on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Finally, Stephens cut their price target on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $70.50.

Get Our Latest Stock Analysis on Fidelity National Information Services

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $50.81 on Wednesday. The company has a current ratio of 0.59, a quick ratio of 0.53 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $58.11 and a two-hundred day simple moving average of $63.71. Fidelity National Information Services has a 1-year low of $46.16 and a 1-year high of $82.74. The firm has a market cap of $26.13 billion, a price-to-earnings ratio of 69.60, a price-to-earnings-growth ratio of 0.48 and a beta of 0.90.

Fidelity National Information Services (NYSE:FISGet Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the company posted $1.40 earnings per share. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. Analysts anticipate that Fidelity National Information Services will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a $0.44 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.76 annualized dividend and a dividend yield of 3.5%. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio is 219.18%.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 941 shares of the stock in a transaction on Thursday, January 15th. The stock was acquired at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the acquisition, the director directly owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC boosted its position in shares of 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 valued at $26,000 after purchasing an additional 194 shares in the last quarter. NewSquare Capital LLC lifted its position in Fidelity National Information Services by 115.1% during the second quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 191 shares during the period. Root Financial Partners LLC bought a new stake in shares of Fidelity National Information Services during the 3rd quarter valued at $29,000. LRI Investments LLC increased its stake in shares of Fidelity National Information Services by 613.1% in the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 374 shares in the last quarter. Finally, Raiffeisen Bank International AG purchased a new position in Fidelity National Information Services during the 3rd quarter valued at about $29,000. Institutional investors own 96.23% of the company’s stock.

More Fidelity National Information Services News

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Fidelity National Information Services Company Profile

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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.

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