Fidelity National Information Services (NYSE:FIS) Rating Increased to Hold at Piper Sandler

Piper Sandler upgraded shares of Fidelity National Information Services (NYSE:FIS) to a hold rating in a research note published on Thursday morning,Zacks reports.

Other equities analysts have also recently issued research reports about the stock. Stephens reissued an “equal weight” rating and set a $50.00 target price on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. Wolfe Research increased their price target on Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. National Bank Financial set a $50.00 price target on Fidelity National Information Services in a report on Monday, August 10th. Keefe, Bruyette & Woods cut their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Finally, UBS Group restated a “neutral” rating and issued a $49.00 price objective (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services has an average rating of “Hold” and an average target price of $53.46.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $38.16 on Thursday. The firm has a 50-day moving average of $41.86 and a 200-day moving average of $43.83. The company has a market cap of $19.72 billion, a P/E ratio of 5.86, a P/E/G ratio of 0.40 and a beta of 0.79. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. Fidelity National Information Services has a one year low of $37.42 and a one year high of $69.14.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the firm earned $1.36 earnings per share. The firm’s revenue was up 29.1% on a year-over-year basis. 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 forecast that Fidelity National Information Services will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.6%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.

Institutional Trading of Fidelity National Information Services

A number of large investors have recently bought and sold shares of the company. Reflection Asset Management purchased a new position in shares of Fidelity National Information Services during the 4th quarter valued at $34,000. Kemnay Advisory Services Inc. bought a new stake in Fidelity National Information Services in the 4th quarter valued at about $42,000. MBM Wealth Consultants LLC purchased a new stake in Fidelity National Information Services during the first quarter valued at about $33,000. DV Equities LLC bought a new position in Fidelity National Information Services during the fourth quarter worth about $48,000. Finally, Hantz Financial Services Inc. raised its position in shares of Fidelity National Information Services by 254.5% in the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after purchasing an additional 598 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.