Shares of Fidelity National Information Services, Inc. (NYSE:FIS – Get Free Report) have received an average rating of “Moderate Buy” from the twenty-two brokerages that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $69.85.
A number of analysts have weighed in on the company. TD Cowen cut their price target on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Wells Fargo & Company dropped their price objective on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Susquehanna cut their target price on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Thursday, January 22nd. Finally, Wolfe Research lowered their price target on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th.
Read Our Latest Research Report on Fidelity National Information Services
Fidelity National Information Services Trading Up 1.7%
Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The firm had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. Fidelity National Information Services’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.40 earnings per share. 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. As a group, research analysts expect that Fidelity National Information Services will post 5.74 EPS for the current fiscal 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 issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Tuesday, March 10th. 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 (DPR) is currently 219.18%.
Insider Activity at Fidelity National Information Services
In related news, Director Jeffrey A. Goldstein bought 941 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were purchased at an average cost of $64.11 per share, with a total value of $60,327.51. Following the transaction, 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 document filed with the SEC, which can be accessed through the SEC website. 0.21% of the stock is owned by company insiders.
Hedge Funds Weigh In On Fidelity National Information Services
Several large investors have recently bought and sold shares of the stock. Dodge & Cox increased its position in shares of Fidelity National Information Services by 22.2% during the third 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 in the last quarter. Norges Bank acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $624,858,000. Balyasny Asset Management L.P. grew its stake in Fidelity National Information Services by 585.9% during 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 buying an additional 2,852,118 shares during the last quarter. Pinebridge Investments LLC acquired a new position in Fidelity National Information Services during the fourth quarter worth approximately $114,799,000. Finally, TOMS Capital Investment Management LP acquired a new position in Fidelity National Information Services during the fourth quarter worth approximately $110,589,000. Institutional investors and hedge funds own 96.23% of the company’s stock.
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.
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