Fidelity National Information Services (NYSE:FIS) Given New $48.00 Price Target at Citigroup

Fidelity National Information Services (NYSE:FIS) had its price target decreased by Citigroup from $53.00 to $48.00 in a research note issued to investors on Friday,Fidelity reports.

Several other analysts have also recently issued reports on FIS. Wall Street Zen raised Fidelity National Information Services from a “hold” rating to a “buy” rating in a report on Saturday. Wolfe Research dropped their price objective on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. BNP Paribas Exane decreased their target price on shares of Fidelity National Information Services from $47.00 to $40.00 and set an “underperform” rating on the stock in a research report on Friday, April 10th. Compass Point lowered their price target on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Finally, Wells Fargo & Company reduced their price objective on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.10.

Fidelity National Information Services Stock Down 7.9%

Shares of FIS stock opened at $43.51 on Friday. The stock has a market cap of $22.49 billion, a P/E ratio of 59.60, a PEG ratio of 0.46 and a beta of 0.82. Fidelity National Information Services has a 52 week low of $43.28 and a 52 week high of $82.74. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The company’s fifty day simple moving average is $48.06 and its two-hundred day simple moving average is $57.04.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the business posted $1.21 earnings per share. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Analysts predict that Fidelity National Information Services will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is currently 241.10%.

Insider Activity at Fidelity National Information Services

In related news, CEO Stephanie Ferris purchased 19,846 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were purchased at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the acquisition, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Information Services

A number of institutional investors have recently modified their holdings of FIS. Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services during the fourth quarter valued at approximately $347,000. Geneos Wealth Management Inc. raised its position in Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Fidelity National Information Services in the 2nd quarter worth $302,000. Marshall Wace LLP purchased a new stake in shares of Fidelity National Information Services in the 2nd quarter worth $4,896,000. Finally, Cresset Asset Management LLC grew its position in shares of Fidelity National Information Services by 20.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after buying an additional 901 shares in the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

More Fidelity National Information Services News

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

• Positive Sentiment: FIS beat first-quarter expectations, reporting adjusted EPS of $1.36 versus $1.28 expected and revenue of about $3.29 billion versus $3.28 billion expected. Management said Banking Solutions revenue surged 45%, margins expanded, and cash flow generation remained strong. Article FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
• Positive Sentiment: The company reiterated its full-year 2026 outlook and said it expects about $2.1 billion in free cash flow this year, with a longer-term goal of more than $3 billion by 2028 as it expands AI-driven offerings and partnerships. Article FIS reiterates 2026 outlook for $2.1B free cash flow while targeting >$3B by 2028 through Anthropic AI agents rollout
• Neutral Sentiment: FIS also reaffirmed full-year 2026 guidance of $6.22-$6.32 in adjusted EPS and $13.8-$13.9 billion in revenue, which is broadly in line with Wall Street expectations. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion
• Negative Sentiment: The stock may be under pressure because second-quarter EPS guidance of $1.45-$1.49 only meets or slightly trails consensus, leaving limited room for an upside surprise near term. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion

About Fidelity National Information Services

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.