Fidelity National Information Services (NYSE:FIS) Coverage Initiated by Analysts at Barclays

Barclays began coverage on shares of Fidelity National Information Services (NYSE:FIS) in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage issued an equal weight rating and a $44.00 price target on the information technology services provider’s stock.

Several other research analysts have also recently issued reports on the company. Morgan Stanley began coverage on Fidelity National Information Services in a research report on Tuesday. They set an “equal weight” rating and a $47.00 price objective for the company. Wall Street Zen cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Weiss Ratings raised Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. BNP Paribas Exane dropped their price objective on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $59.96.

Fidelity National Information Services Trading Down 4.1%

FIS opened at $40.85 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The firm has a market cap of $21.12 billion, a P/E ratio of 7.92, a P/E/G ratio of 0.42 and a beta of 0.80. The business has a fifty day simple moving average of $41.61 and a 200-day simple moving average of $49.47. Fidelity National Information Services has a 52 week low of $37.42 and a 52 week high of $82.62.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the business posted $1.21 earnings per share. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. 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 analysts expect that Fidelity National Information Services will post 6.28 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 4.3%. Fidelity National Information Services’s payout ratio is 34.11%.

Institutional Investors Weigh In On Fidelity National Information Services

Hedge funds have recently made changes to their positions in the business. Salomon & Ludwin LLC lifted its position in 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 worth $26,000 after buying an additional 194 shares during the period. GoalVest Advisory LLC acquired a new stake in Fidelity National Information Services in the 4th quarter worth about $33,000. MBM Wealth Consultants LLC purchased a new stake in Fidelity National Information Services in the 1st quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Fidelity National Information Services by 251.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after acquiring an additional 362 shares during the last quarter. Finally, Reflection Asset Management purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth about $34,000. 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.