Fidelity National Information Services (NYSE:FIS) Director Acquires $57,694.00 in Stock

Fidelity National Information Services, Inc. (NYSE:FIS) Director Jeffrey Goldstein purchased 1,585 shares of the stock in a transaction that occurred on Thursday, October 15th. The shares were purchased at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the purchase, the director directly owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fidelity National Information Services Stock Performance

Fidelity National Information Services stock traded down $0.18 during trading hours on Friday, hitting $35.95. The stock had a trading volume of 4,609,791 shares, compared to its average volume of 6,057,901. The company has a 50-day moving average of $38.13 and a two-hundred day moving average of $41.30. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services, Inc. has a fifty-two week low of $32.10 and a fifty-two week high of $68.98. The company has a market cap of $18.58 billion, a PE ratio of 5.52, a price-to-earnings-growth ratio of 0.38 and a beta of 0.81.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data 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. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the firm earned $1.36 EPS. Fidelity National Information Services’s revenue for the quarter was up 29.1% compared to the same quarter last year. 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, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 6.20 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

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 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%.

Fidelity National Information Services News Roundup

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

• Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $42 price target, implying potential upside and adding a bullish institutional view. Bank of America coverage details
• Positive Sentiment: FIS and Anthropic made the FIS AML Investigations Agent commercially available to U.S. banks. The AI tool is designed to help financial institutions manage money-laundering investigations, potentially creating a new growth opportunity and strengthening FIS’s competitive position in banking technology. FIS and Anthropic launch AML investigations agent
• Positive Sentiment: A Zacks analysis cited rising free cash flow, expanding margins and acquisition synergies as possible catalysts for a rebound after the stock’s steep decline. Zacks FIS rebound analysis
• Neutral Sentiment: Cantor Fitzgerald lowered its target from $50 to $45 but maintained an Overweight rating, while Citigroup cut its target from $45 to $39 and moved to Neutral. The revisions reduce expectations but still leave analysts’ targets above the current trading level.
• Negative Sentiment: Susquehanna also reduced its price target, to $37. The cluster of target cuts suggests analysts remain cautious about FIS’s near-term earnings outlook and valuation, contributing to pressure on the shares. Susquehanna cuts FIS price target

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wolfe Research boosted their price target on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. National Bank Financial set a $45.00 price objective on shares of Fidelity National Information Services in a report on Friday. TD Cowen reduced their price objective on shares of Fidelity National Information Services from $53.00 to $47.00 and set a “buy” rating for the company in a report on Friday, October 9th. Weiss Ratings lowered shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 10th. Finally, Citigroup lowered their target price on shares of Fidelity National Information Services from $45.00 to $39.00 and set a “neutral” rating on the stock in a research note on Friday. Eleven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.28.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Fidelity National Information Services during the 2nd quarter worth about $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Fidelity National Information Services in the second quarter valued at about $219,162,000. Bank of America Corp DE acquired a new position in Fidelity National Information Services in the second quarter valued at about $189,387,000. Legal & General Group Plc acquired a new position in Fidelity National Information Services in the second quarter valued at about $129,815,000. Finally, Deutsche Bank AG bought a new stake in Fidelity National Information Services during the second quarter worth about $111,205,000. 96.23% of the stock is owned by institutional investors.

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.