Fidelity National Information Services (NYSE:FIS) Share Price Breaks Above 50-Day Moving Average – Should You Sell?

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $37.02 and traded as high as $37.28. Fidelity National Information Services shares last traded at $37.2080, with a volume of 5,117,837 shares.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on FIS shares. Piper Sandler initiated coverage on Fidelity National Information Services in a research note on Friday, September 11th. They set a “neutral” rating and a $42.00 target price for the company. National Bank Financial set a $45.00 price target on shares of Fidelity National Information Services in a research report on Friday, October 16th. Morgan Stanley initiated coverage on shares of Fidelity National Information Services in a research note on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 price target for the company. Robert W. Baird cut 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 report on Friday, September 25th. Finally, Weiss Ratings downgraded shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 10th. Eleven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $49.04.

Fidelity National Information Services Trading Up 3.5%

The company has a market cap of $19.94 billion, a P/E ratio of 5.93, a P/E/G ratio of 0.44 and a beta of 0.81. The business has a fifty day simple moving average of $36.98 and a 200 day simple moving average of $43.89. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The business 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%. The business’s quarterly revenue was up 29.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.36 EPS. 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. Analysts anticipate that Fidelity National Information Services, Inc. will post 6.20 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Stockholders of record on Monday, December 14th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein acquired 1,585 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was acquired at an average price of $36.40 per share, with a total value of $57,694.00. Following the transaction, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. This represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Information Services

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 second quarter valued at approximately $1,730,200,000. South Dakota Investment Council boosted its stake in Fidelity National Information Services by 46.2% in the 1st quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock worth $10,696,000 after purchasing an additional 72,040 shares during the period. Bank of Nova Scotia purchased a new position in Fidelity National Information Services during the 2nd quarter worth approximately $2,448,000. Nykredit A S purchased a new position in Fidelity National Information Services during the 2nd quarter worth approximately $5,143,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in Fidelity National Information Services during the 2nd quarter worth approximately $10,891,000. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Company Profile

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.