Fidelity National Information Services (NYSE:FIS) Earns Buy Rating from Analysts at The Goldman Sachs Group

The Goldman Sachs Group initiated coverage on shares of Fidelity National Information Services (NYSE:FIS) in a research report released on Monday morning, Marketbeat reports. The brokerage issued a buy rating and a $70.00 target price on the information technology services provider’s stock.

Several other equities analysts also recently weighed in on FIS. Susquehanna lowered their price target on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Stephens decreased their price objective on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. BNP Paribas Exane dropped their target price on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $70.00 price target on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Finally, Compass Point lowered their price objective on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $69.86.

Fidelity National Information Services Price Performance

NYSE FIS opened at $50.17 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The business’s fifty day moving average is $55.47 and its 200 day moving average is $62.52. The company has a market capitalization of $25.81 billion, a PE ratio of 68.73, a price-to-earnings-growth ratio of 0.49 and a beta of 0.90. Fidelity National Information Services has a fifty-two week low of $46.16 and a fifty-two week high of $82.74.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.01). The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business earned $1.40 EPS. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. Sell-side analysts predict that Fidelity National Information Services will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.5%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 241.10%.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 941 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were bought at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the acquisition, the director owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Stephanie Ferris bought 19,846 shares of the stock in a transaction dated Thursday, March 5th. The stock was purchased at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the acquisition, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. The trade was a 7.59% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by company insiders.

Institutional Trading of Fidelity National Information Services

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Fidelity National Information Services by 0.6% in 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 purchasing an additional 376,499 shares during the last quarter. Dodge & Cox boosted its position in Fidelity National Information Services by 13.9% in the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock valued at $3,264,070,000 after buying an additional 6,008,090 shares during the last quarter. Capital Research Global Investors increased its holdings 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 buying an additional 172,356 shares during the period. Geode Capital Management LLC lifted its stake in Fidelity National Information Services by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 13,288,097 shares of the information technology services provider’s stock valued at $1,077,157,000 after acquiring an additional 48,968 shares during the period. Finally, Boston Partners lifted its stake in Fidelity National Information Services by 10.5% during the 2nd quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock valued at $958,537,000 after acquiring an additional 1,122,181 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

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.