Fidelity National Information Services (NYSE:FIS) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Fidelity National Information Services (NYSE:FIS) from a hold rating to a buy rating in a research report report published on Saturday.

FIS has been the subject of several other research reports. Royal Bank Of Canada cut their price target on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Weiss Ratings reiterated a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Thursday, January 22nd. UBS Group reduced their price target on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. JPMorgan Chase & Co. decreased their price target on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Finally, BNP Paribas Exane lowered their price objective on shares of Fidelity National Information Services from $47.00 to $40.00 and set an “underperform” rating for the company in a research report on Friday, April 10th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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 8.43, a PEG ratio of 0.43 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 6.28 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 issued a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.0%. Fidelity National Information Services’s payout ratio is 241.10%.

Insiders Place Their Bets

In related news, CEO Stephanie Ferris purchased 19,846 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the acquisition, the chief executive officer owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. This represents a 7.59% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Dodge & Cox lifted its holdings in shares of Fidelity National Information Services by 13.9% in the 4th quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after acquiring an additional 6,008,090 shares during the last quarter. Capital Research Global Investors raised its position in Fidelity National Information Services by 0.6% in the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after purchasing an additional 172,356 shares during the period. Charles Schwab Investment Management Inc. raised its position in Fidelity National Information Services by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after purchasing an additional 514,490 shares during the period. Invesco Ltd. lifted its stake in Fidelity National Information Services by 5.6% in the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after purchasing an additional 448,712 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Fidelity National Information Services during the fourth quarter valued at approximately $495,956,000. Institutional investors own 96.23% of the company’s stock.

Key Headlines Impacting Fidelity National Information Services

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

Fidelity National Information Services Company Profile

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.