Keefe, Bruyette & Woods Has Lowered Expectations for Fidelity National Information Services (NYSE:FIS) Stock Price

Fidelity National Information Services (NYSE:FIS) had its target price cut by Keefe, Bruyette & Woods from $72.00 to $68.00 in a note issued to investors on Tuesday,Fidelity reports. The brokerage currently has an “outperform” rating on the information technology services provider’s stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 46.91% from the stock’s current price.

Several other equities analysts have also commented on FIS. UBS Group decreased their target price on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Truist Financial decreased their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a research note on Tuesday, March 3rd. TD Cowen lowered their price objective on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Wells Fargo & Company reduced their target price 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. Finally, Cantor Fitzgerald started coverage on Fidelity National Information Services in a research note on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price target on the stock. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $69.67.

Fidelity National Information Services Stock Performance

NYSE:FIS opened at $46.29 on Tuesday. The company has a market cap of $23.81 billion, a price-to-earnings ratio of 63.74, a PEG ratio of 0.45 and a beta of 0.90. Fidelity National Information Services has a fifty-two week low of $44.48 and a fifty-two week high of $82.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a fifty day moving average price of $49.76 and a 200-day moving average price of $59.92.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.40 EPS. 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, equities analysts anticipate that Fidelity National Information Services will post 5.74 EPS for the current fiscal year.

Insider Transactions at Fidelity National Information Services

In other news, CEO Stephanie Ferris purchased 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The shares were bought at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the acquisition, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey A. Goldstein acquired 941 shares of the stock in a transaction dated Thursday, January 15th. The stock was purchased at an average cost of $64.11 per share, with a total value of $60,327.51. Following the purchase, the director directly owned 14,529 shares of the company’s stock, valued at $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.21% of the company’s stock.

Institutional Trading of Fidelity National Information Services

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC acquired a new position in Fidelity National Information Services during the 4th quarter worth about $347,000. Geneos Wealth Management Inc. increased its stake in shares of Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after buying an additional 431 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at about $302,000. American Century Companies Inc. raised its position in shares of Fidelity National Information Services by 25.4% during the second quarter. American Century Companies Inc. now owns 42,310 shares of the information technology services provider’s stock worth $3,445,000 after acquiring an additional 8,563 shares during the last quarter. Finally, CW Advisors LLC lifted its stake in shares of Fidelity National Information Services by 13.2% in the second quarter. CW Advisors LLC now owns 6,351 shares of the information technology services provider’s stock worth $517,000 after acquiring an additional 740 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Company Profile

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.