Fidelity National Information Services, Inc. (NYSE:FIS) Receives $55.39 Average PT from Brokerages

Fidelity National Information Services, Inc. (NYSE:FIS) has been assigned a consensus rating of “Hold” from the twenty-three ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $53.9565.

FIS has been the subject of several research analyst reports. Oppenheimer reduced their target price on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. National Bank Financial set a $50.00 price target on shares of Fidelity National Information Services in a report on Monday, August 10th. Royal Bank Of Canada dropped their target price on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. UBS Group restated a “neutral” rating and set a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research report on Wednesday, August 5th. Finally, Truist Financial dropped their target price on shares of Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 24th.

Institutional Trading of Fidelity National Information Services

Several large investors have recently added to or reduced their stakes in FIS. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Fidelity National Information Services during the 2nd quarter worth $32,595,000. California State Teachers Retirement System grew its holdings in shares of Fidelity National Information Services by 3,634.9% in the second quarter. California State Teachers Retirement System now owns 33,481,706 shares of the information technology services provider’s stock valued at $1,301,769,000 after purchasing an additional 32,585,246 shares during the period. Saudi Central Bank increased its position in Fidelity National Information Services by 88.4% during the second quarter. Saudi Central Bank now owns 36,009 shares of the information technology services provider’s stock worth $1,400,000 after purchasing an additional 16,895 shares during the last quarter. AlphaGrep UK Ltd acquired a new stake in Fidelity National Information Services during the second quarter worth about $296,000. Finally, Concurrent Investment Advisors LLC raised its stake in Fidelity National Information Services by 45.2% during the second quarter. Concurrent Investment Advisors LLC now owns 9,224 shares of the information technology services provider’s stock worth $359,000 after purchasing an additional 2,870 shares during the period. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 2.2%

FIS stock opened at $41.45 on Tuesday. The firm has a market cap of $21.42 billion, a PE ratio of 6.37, a P/E/G ratio of 0.43 and a beta of 0.77. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The firm’s fifty day moving average is $41.64 and its 200 day moving average is $44.39. Fidelity National Information Services has a one year low of $37.42 and a one year high of $70.38.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping 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 business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the firm posted $1.36 earnings per share. The company’s revenue was up 29.1% compared to the same quarter last year. 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. On average, research analysts forecast that Fidelity National Information Services will post 6.19 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

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.