Fidelity National Information Services (NYSE:FIS – Free Report) had its target price decreased by UBS Group from $49.00 to $32.00 in a research report released on Thursday morning,Benzinga reports. UBS Group currently has a neutral rating on the information technology services provider’s stock.
FIS has been the topic of a number of other reports. Stephens initiated coverage on Fidelity National Information Services in a research report on Tuesday, August 11th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Barclays dropped their target price on Fidelity National Information Services from $38.00 to $30.00 and set an “equal weight” rating for the company in a research report on Thursday. Oppenheimer lowered Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Royal Bank Of Canada cut Fidelity National Information Services from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from $53.00 to $37.00 in a report on Thursday. Finally, Citigroup reduced their target price on shares of Fidelity National Information Services from $39.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday. Seven equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $42.20.
Check Out Our Latest Stock Report on FIS
Fidelity National Information Services Price Performance
Shares of FIS stock opened at $29.40 on Thursday. Fidelity National Information Services has a 1 year low of $28.86 and a 1 year high of $68.37. The firm’s 50 day moving average is $36.47 and its 200-day moving average is $43.31. The firm has a market capitalization of $15.20 billion, a price-to-earnings ratio of 4.39, a PEG ratio of 0.36 and a beta of 0.84. The company has a current ratio of 0.55, a quick ratio of 0.53 and a debt-to-equity ratio of 0.93.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.60 by $0.01. The business had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.43 billion. Fidelity National Information Services had a net margin of 26.77% and a return on equity of 20.42%. Fidelity National Information Services’s revenue was up 27.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.51 earnings per share. Sell-side analysts forecast that Fidelity National Information Services will post 5.96 EPS for the current fiscal year.
Fidelity National Information Services Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be given a $0.44 dividend. The ex-dividend date is Monday, December 14th. This represents a $1.76 annualized dividend and a dividend yield of 6.0%. Fidelity National Information Services’s payout ratio is currently 27.04%.
Insider Transactions at Fidelity National Information Services
In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the purchase, the director owned 18,697 shares in the company, valued at $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of FIS. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Fidelity National Information Services during the third quarter worth $35,000. First Command Advisory Services Inc. lifted its position in Fidelity National Information Services by 362.9% in the 3rd quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock valued at $37,000 after acquiring an additional 889 shares in the last quarter. Bank & Trust Co acquired a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at about $51,000. N.E.W. Advisory Services LLC acquired a new stake in Fidelity National Information Services in the 2nd quarter valued at $58,000. Finally, Pinnacle Wealth Planning Services Inc. increased its stake in Fidelity National Information Services by 96.8% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,976 shares of the information technology services provider’s stock valued at $65,000 after buying an additional 972 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.
More Fidelity National Information Services News
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: Third-quarter adjusted earnings were $1.61 per share versus analysts’ $1.60 estimate, while revenue of $3.45 billion slightly exceeded expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
- Neutral Sentiment: Analysts sharply lowered price targets, though views remain mixed: some maintained Buy or Outperform ratings, while others downgraded FIS to Neutral or Market Perform. TD Cowen rating
- Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the $6.20 analyst consensus, and reduced its Banking Solutions growth forecast to 3.5%–4% from 5%–5.5%. The company cited customer project and conversion delays; expectations for a soft fourth quarter add to concerns. FIS Cuts Banking Growth Outlook Amid Project Delays
- Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. FIS is also halting buybacks and some M&A as it prioritizes debt reduction following its acquisition. The leadership change and reduced capital returns contributed to investor concern. FIS CFO transition announcement
- Negative Sentiment: Several brokerages downgraded FIS or cut targets after the revised outlook, and reports said the shares reached their lowest level in 14 years. Separate shareholder investigations have also been announced, though these notices do not establish wrongdoing. FIS shares drop to lowest level in 14 years
About Fidelity National Information Services
Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.
FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.
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