Fidelity National Information Services (NYSE:FIS) Price Target Lowered to $50.00 at Deutsche Bank Aktiengesellschaft

Fidelity National Information Services (NYSE:FIS) had its price target cut by Deutsche Bank Aktiengesellschaft from $55.00 to $50.00 in a research report released on Monday morning,Fidelity reports.

FIS has been the topic of a number of other research reports. TD Cowen decreased their target price on shares of Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday. Susquehanna cut their price target on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. The Goldman Sachs Group reduced their price target on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday. Wolfe Research lowered their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Finally, Royal Bank Of Canada dropped their price objective on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Friday. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.71.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock traded down $0.03 on Monday, hitting $42.33. The stock had a trading volume of 680,668 shares, compared to its average volume of 5,596,883. The stock has a market cap of $21.88 billion, a price-to-earnings ratio of 8.21, a price-to-earnings-growth ratio of 0.43 and a beta of 0.82. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services has a twelve month low of $41.63 and a twelve month high of $82.74. The business’s 50 day moving average is $47.78 and its two-hundred day moving average is $56.69.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the company posted $1.21 earnings per share. Fidelity National Information Services’s 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 forecast that Fidelity National Information Services will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.2%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

Insider Transactions at Fidelity National Information Services

In other news, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction on Thursday, March 5th. The stock was acquired at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.28% of the stock is owned by company insiders.

Hedge Funds Weigh In On Fidelity National Information Services

A number of institutional investors have recently modified their holdings of the business. Nordea Investment Management AB grew its holdings in shares of Fidelity National Information Services by 15.4% during the 4th quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock valued at $96,048,000 after purchasing an additional 191,957 shares during the last quarter. AGF Management Ltd. bought a new position in Fidelity National Information Services in the 3rd quarter valued at approximately $3,096,000. Clear Trail Advisors LLC acquired a new stake in Fidelity National Information Services in the fourth quarter valued at approximately $2,590,000. Independent Advisor Alliance boosted its position in Fidelity National Information Services by 177.8% in the third quarter. Independent Advisor Alliance now owns 39,987 shares of the information technology services provider’s stock valued at $2,637,000 after buying an additional 25,593 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Fidelity National Information Services by 45.1% during the third quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider’s stock worth $17,508,000 after buying an additional 82,518 shares during the last quarter. Institutional investors and hedge funds 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 was selected by Commonwealth Bank of Australia to streamline reconciliations using FIS Data Integrity Manager, a contract that will handle more than 150 million transactions per day and highlights continued demand for its financial technology products. Article: FIS Selected to Streamline Reconciliations for Australia’s Largest Bank
• Neutral Sentiment: Goldman Sachs cut its price target on FIS to $57 from $65 but kept a buy rating, suggesting confidence in the company despite a lower valuation view.
• Neutral Sentiment: UBS lowered its target to $63 from $73 while maintaining a buy rating, indicating analysts still see meaningful upside even after trimming expectations.
• Neutral Sentiment: Cantor Fitzgerald cut its target to $55 from $62 and reiterated an overweight rating, another sign that the sell-side remains constructive overall but more cautious on near-term upside.
• Negative Sentiment: Several analyst target cuts may be contributing to the stock’s weakness, as they point to more conservative expectations for FIS’s near-term share price performance.

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.