Fidelity National Information Services (NYSE:FIS) Cut to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of Fidelity National Information Services (NYSE:FIS) from an overweight rating to a neutral rating in a research note published on Wednesday morning, Marketbeat Ratings reports. They currently have $38.00 price objective on the information technology services provider’s stock.

Several other brokerages have also commented on FIS. Truist Financial lowered their price objective on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating on the stock in a research report on Friday, October 23rd. Wolfe Research increased their target price on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. UBS Group restated a “neutral” rating on shares of Fidelity National Information Services in a research note on Monday, September 21st. Keefe, Bruyette & Woods lowered their price target on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group dropped their price objective on Fidelity National Information Services from $52.00 to $44.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. Six equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $42.20.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock traded down $0.72 during trading hours on Wednesday, hitting $28.66. 11,110,789 shares of the company’s stock traded hands, compared to its average volume of 5,734,265. The stock has a market capitalization of $14.82 billion, a price-to-earnings ratio of 4.28, a PEG ratio of 0.47 and a beta of 0.84. Fidelity National Information Services has a 12-month low of $28.39 and a 12-month high of $68.37. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The company has a fifty day simple moving average of $36.23 and a 200-day simple moving average of $43.15.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.01. The company had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.43 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s quarterly revenue was up 27.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.51 EPS. Equities research analysts anticipate that Fidelity National Information Services will post 5.89 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 Monday, December 28th. Shareholders of record on Monday, December 14th will be paid a $0.44 dividend. The ex-dividend date is Monday, December 14th. This represents a $1.76 annualized dividend and a yield of 6.1%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Insiders Place Their Bets

In related news, Director Jeffrey Goldstein bought 1,585 shares of Fidelity National Information Services stock in a transaction 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 acquisition, the director directly owned 18,697 shares of the company’s stock, valued at $680,570.80. This represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is owned by insiders.

Institutional Investors Weigh In On Fidelity National Information Services

Institutional investors and hedge funds have recently modified their holdings of the company. Pension & Wealth Management Advisors Inc. bought a new stake in Fidelity National Information Services during the 3rd quarter worth approximately $35,000. First Command Advisory Services Inc. boosted its holdings in Fidelity National Information Services by 362.9% in the 3rd quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock valued at $37,000 after purchasing an additional 889 shares during the period. N.E.W. Advisory Services LLC bought a new position in Fidelity National Information Services in the 2nd quarter valued at $58,000. Bank & Trust Co purchased a new position in shares of Fidelity National Information Services during the 3rd quarter valued at $51,000. Finally, Pinnacle Wealth Planning Services Inc. increased its holdings in shares of Fidelity National Information Services by 96.8% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,976 shares of the information technology services provider’s stock worth $65,000 after purchasing an additional 972 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Fidelity National Information Services

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

• Neutral Sentiment: Some analysts still see potential upside: TD Cowen, Goldman Sachs and Keefe, Bruyette & Woods retained positive ratings, although each reduced its price target. TD Cowen rating
• Negative Sentiment: FIS lowered its fiscal 2026 outlook, a key catalyst behind the selloff. The company also said CFO James Kehoe will step down, with Alexandra Brooks named interim CFO—adding uncertainty during a period of weaker expectations. FIS outlook and CFO transition
• Negative Sentiment: Analyst sentiment has broadly weakened. Argus and Wolfe Research cut their ratings to Hold; Bank of America, JPMorgan, RBC and others also moved to more cautious ratings. UBS, Citi, Barclays, Piper Sandler and several peers lowered price targets, signaling reduced expectations. Argus downgrade
• Negative Sentiment: Bank of America cited the possibility of delayed capital returns as an additional concern, while shareholder-law firms announced investigations into potential securities claims. These notices are not findings of wrongdoing, but may add reputational and legal uncertainty. BofA downgrade and capital-return concern

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.