Jeffrey Goldstein Buys 889 Shares of Fidelity National Information Services (NYSE:FIS) Stock

Fidelity National Information Services, Inc. (NYSE:FIS) Director Jeffrey Goldstein purchased 889 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was acquired at an average cost of $67.66 per share, for a total transaction of $60,149.74. Following the completion of the purchase, the director owned 13,588 shares of the company’s stock, valued at approximately $919,364.08. This trade represents a 7.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fidelity National Information Services Price Performance

Shares of FIS opened at $66.96 on Friday. Fidelity National Information Services, Inc. has a 52-week low of $63.00 and a 52-week high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. The business’s 50 day moving average price is $67.92 and its two-hundred day moving average price is $74.58. The firm has a market cap of $34.98 billion, a PE ratio of 372.04 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the firm earned $1.36 earnings per share. The company’s revenue was up 5.1% compared to the same quarter last year. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. On average, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.60 annualized dividend and a yield of 2.4%. Fidelity National Information Services’s payout ratio is 888.89%.

Institutional Investors Weigh In On Fidelity National Information Services

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Fidelity National Information Services by 0.6% during the second quarter. Vanguard Group Inc. now owns 63,019,323 shares of the information technology services provider’s stock worth $5,130,403,000 after buying an additional 376,499 shares in the last quarter. Dodge & Cox grew its holdings in Fidelity National Information Services by 1.3% during the second quarter. Dodge & Cox now owns 35,274,497 shares of the information technology services provider’s stock worth $2,871,697,000 after buying an additional 466,199 shares in the last quarter. Geode Capital Management LLC grew its holdings in Fidelity National Information Services by 0.4% during the second quarter. Geode Capital Management LLC now owns 13,288,097 shares of the information technology services provider’s stock worth $1,077,157,000 after buying an additional 48,968 shares in the last quarter. Boston Partners grew its holdings in Fidelity National Information Services by 10.5% during the second quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock worth $958,537,000 after buying an additional 1,122,181 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Fidelity National Information Services by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 10,712,794 shares of the information technology services provider’s stock worth $800,032,000 after buying an additional 419,199 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Analyst Ratings Changes

FIS has been the subject of several recent research reports. UBS Group upgraded Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Tuesday, September 30th. Stephens decreased their price objective on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a report on Thursday. Susquehanna decreased their price objective on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Truist Financial boosted their price objective on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, July 17th. Finally, Robert W. Baird boosted their price objective on Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. Thirteen analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $89.33.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.