Fidelity National Information Services (NYSE:FIS) Stock Gets Price Target Cut from The Goldman Sachs Group

Fidelity National Information Services (NYSE:FIS) had its price objective decreased by The Goldman Sachs Group from $52.00 to $44.00 in a research note published on Tuesday morning,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the information technology services provider’s stock.

A number of other analysts have also commented on FIS. Barclays decreased their price objective on Fidelity National Information Services from $43.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Friday, October 9th. National Bank Financial set a $50.00 target price on shares of Fidelity National Information Services in a research note on Monday, August 10th. Royal Bank Of Canada cut their target price on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. Morgan Stanley assumed coverage on shares of Fidelity National Information Services in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price on the stock. Finally, Citigroup decreased their price target on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 5th. Eleven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services currently has a consensus rating of “Hold” and an average target price of $49.92.

Fidelity National Information Services Price Performance

FIS stock opened at $36.16 on Tuesday. Fidelity National Information Services has a 1 year low of $32.10 and a 1 year high of $68.98. 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 stock’s 50 day moving average price is $38.13 and its 200 day moving average price is $41.30. The firm has a market cap of $18.69 billion, a P/E ratio of 5.88, a PEG ratio of 0.38 and a beta of 0.81.

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, topping the consensus estimate of $1.47 by $0.01. The company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. Fidelity National Information Services’s revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.36 earnings per share. 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, sell-side analysts expect that Fidelity National Information Services will post 6.20 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is 27.04%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC increased its position in Fidelity National Information Services by 12.9% during the 3rd quarter. V Square Quantitative Management LLC now owns 17,664 shares of the information technology services provider’s stock worth $581,000 after purchasing an additional 2,013 shares in the last quarter. First Citizens Bank & Trust Co. purchased a new position in Fidelity National Information Services in the third quarter valued at approximately $541,000. Perpetual Ltd raised its holdings in Fidelity National Information Services by 32.9% in the third quarter. Perpetual Ltd now owns 3,262,131 shares of the information technology services provider’s stock valued at $107,324,000 after buying an additional 807,482 shares during the period. GAMMA Investing LLC lifted its position in Fidelity National Information Services by 4.7% during the third quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock valued at $256,000 after buying an additional 349 shares in the last quarter. Finally, Investors Research Corp lifted its position in Fidelity National Information Services by 4.6% during the third quarter. Investors Research Corp now owns 8,450 shares of the information technology services provider’s stock valued at $278,000 after buying an additional 369 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Key Headlines Impacting Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: AI product becomes commercially available: FIS and Anthropic launched the FIS AML Investigations Agent for U.S. banks. The tool is designed to help automate anti-money-laundering investigations, reduce compliance costs and handle the growing volume of financial-crime alerts. Commercial availability is more significant than the earlier product announcement because it creates a path toward customer adoption and revenue. FIS and Anthropic Debut Money Laundering Investigation Agent Fidelity National Information Services Makes AI-Based Financial Crime Agent Available to US Banks
• Positive Sentiment: New bullish analyst coverage: Bank of America initiated coverage with a “buy” rating and a $42 price target, implying meaningful upside from the stock’s recent trading level. Another analyst roundup cited an average target of $50.25, suggesting that some analysts view FIS as undervalued following its substantial decline from its 52-week high. Fidelity National Information Services Stock Has Average Price Target of $50.25
• Neutral Sentiment: Strategic positioning in core banking: Commentary around the AI AML tool argues that FIS could use artificial intelligence to deepen its role in banks’ core infrastructure. However, the long-term investment case depends on customer adoption, pricing and measurable financial results, which have not yet been disclosed. Does FIS’s New AI AML Tool Quietly Redefine Its Edge In Core Banking Infrastructure?
• Negative Sentiment: Susquehanna reduced its price target to $37: Although the revised target remains slightly above the recent share price, the cut signals less near-term upside and contrasts with Bank of America’s more optimistic view. FIS shares remain below their 50-day and 200-day moving averages, indicating continued technical weakness. Susquehanna Cuts Target for FIS Stock to USD 37.00

About Fidelity National Information Services

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.

FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.