Fidelity National Information Services, Inc. (NYSE:FIS) Given Average Recommendation of “Moderate Buy” by Brokerages

Fidelity National Information Services, Inc. (NYSE:FIS) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-two brokerages that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $61.3333.

Several equities research analysts have issued reports on the company. Wolfe Research cut 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. Deutsche Bank Aktiengesellschaft cut their price target on Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Weiss Ratings raised Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Cantor Fitzgerald cut their price target on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Finally, BNP Paribas Exane cut their price target on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th.

Institutional Investors Weigh In On Fidelity National Information Services

A number of hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in shares of Fidelity National Information Services by 20.5% during the first quarter. NewEdge Advisors LLC now owns 134,329 shares of the information technology services provider’s stock worth $6,301,000 after buying an additional 22,819 shares in the last quarter. Caerus Investment Advisors LLC acquired a new stake in shares of Fidelity National Information Services during the first quarter worth $439,000. Glenmede Trust Co. NA lifted its holdings in shares of Fidelity National Information Services by 0.9% during the first quarter. Glenmede Trust Co. NA now owns 177,167 shares of the information technology services provider’s stock worth $8,311,000 after buying an additional 1,560 shares in the last quarter. Summitry LLC lifted its holdings in shares of Fidelity National Information Services by 46.9% during the first quarter. Summitry LLC now owns 4,471 shares of the information technology services provider’s stock worth $210,000 after buying an additional 1,428 shares in the last quarter. Finally, Groupama Asset Managment acquired a new stake in shares of Fidelity National Information Services during the first quarter worth $429,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 2.5%

NYSE FIS opened at $38.96 on Thursday. The company has a market cap of $20.14 billion, a PE ratio of 7.55, a PEG ratio of 0.39 and a beta of 0.78. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services has a 12 month low of $38.57 and a 12 month high of $82.74. The stock has a 50 day moving average of $44.49 and a 200-day moving average of $53.21.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (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 business had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter last year, the firm posted $1.21 EPS. The company’s quarterly revenue was up 30.1% on a year-over-year basis. 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. On average, 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 will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 4.5%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

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.