Fidelity National Information Services (NYSE:FIS) Hits New 1-Year Low After Analyst Downgrade

Fidelity National Information Services, Inc. (NYSE:FIS)’s share price reached a new 52-week low during mid-day trading on Wednesday after Truist Financial lowered their price target on the stock from $37.00 to $31.00. Truist Financial currently has a hold rating on the stock. Fidelity National Information Services traded as low as $27.93 and last traded at $28.7950, with a volume of 803,677 shares. The stock had previously closed at $28.31.

Several other analysts have also recently commented on the stock. Wells Fargo & Company lowered their target price on shares of Fidelity National Information Services from $46.00 to $33.00 and set an “equal weight” rating for the company in a research note on Thursday, November 5th. Weiss Ratings lowered Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 10th. William Blair cut Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 4th. Piper Sandler cut their price objective on shares of Fidelity National Information Services from $42.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, November 5th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $35.00 target price on shares of Fidelity National Information Services in a research report on Wednesday, November 4th. Six analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $41.12.

Insiders Place Their Bets

In related news, Director Jeffrey Goldstein purchased 1,585 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was purchased at an average cost of $36.40 per share, for a total transaction of $57,694.00. Following the acquisition, the director owned 18,697 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kourtney Gibson acquired 1,800 shares of the business’s stock in a transaction on Friday, November 6th. The stock was bought at an average cost of $29.00 per share, for a total transaction of $52,200.00. Following the completion of the transaction, the director directly owned 5,903 shares of the company’s stock, valued at $171,187. This trade represents a 43.87% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.28% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Fidelity National Information Services

Here are a few of the latest headlines about FIS:

• Positive Sentiment: A director bought 1,800 FIS shares for about $52,200, increasing her direct holdings by nearly 44%. The purchase may signal confidence, though it is small relative to the company’s market value.
• Negative Sentiment: Although FIS’s third-quarter EPS of $1.61 and revenue of $3.45 billion slightly beat consensus, the company’s fiscal 2026 adjusted EPS outlook was reportedly as much as $0.38 per share below Wall Street expectations. That guidance shortfall appears to be the key driver of the negative reaction. FIS stock drops after earnings report
• Negative Sentiment: A law firm announced a securities investigation related to FIS’s earnings and revised outlook. The notice adds headline risk, but is an investigation—not a finding of wrongdoing. Securities investigation notice

Institutional Trading of Fidelity National Information Services

Several large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in Fidelity National Information Services during the 2nd quarter valued at approximately $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth about $219,162,000. Bank of America Corp DE acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $189,387,000. Legal & General Group Plc acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $129,815,000. Finally, Perpetual Ltd lifted its position in shares of Fidelity National Information Services by 32.9% during the third quarter. Perpetual Ltd now owns 3,262,131 shares of the information technology services provider’s stock worth $107,324,000 after purchasing an additional 807,482 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Down 6.0%

The firm has a market cap of $14.63 billion, a P/E ratio of 4.24, a PEG ratio of 0.38 and a beta of 0.84. The firm’s 50-day moving average price is $35.24 and its 200 day moving average price is $42.52. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.55 and a quick ratio of 0.55.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.01. The firm had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.43 billion. Fidelity National Information Services had a return on equity of 20.42% and a net margin of 26.77%. Fidelity National Information Services’s quarterly revenue was up 27.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.51 earnings per share. On average, equities research analysts expect that Fidelity National Information Services, Inc. will post 5.85 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

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 paid a dividend of $0.44 per share. The ex-dividend date is Monday, December 14th. This represents a $1.76 annualized dividend and a yield of 6.2%. Fidelity National Information Services’s dividend payout ratio is 26.27%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc. (FIS) provides financial technology and services to banks, credit unions, capital markets firms and other financial institutions. Its offerings include systems for processing transactions, managing accounts and supporting day-to-day financial operations. The company’s products and services also cover digital banking, payments, risk management, regulatory compliance, treasury operations and capital markets activities such as trading and securities processing.