Fidelity National Information Services’ (FIS) Neutral Rating Reiterated at UBS Group

UBS Group restated their neutral rating on shares of Fidelity National Information Services (NYSE:FIS) in a report released on Wednesday morning, Marketbeat reports. UBS Group currently has a $49.00 target price on the information technology services provider’s stock, down from their previous target price of $63.00.

Other equities research analysts also recently issued reports about the company. Truist Financial reduced their price objective on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, July 24th. BNP Paribas Exane lowered their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Morgan Stanley assumed coverage on Fidelity National Information Services in a report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price on the stock. Royal Bank Of Canada reduced their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Finally, Cantor Fitzgerald decreased their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $56.55.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $42.78 on Wednesday. The company’s fifty day moving average is $41.14 and its two-hundred day moving average is $45.98. The company has a quick ratio of 0.59, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services has a 12-month low of $37.42 and a 12-month high of $72.91. The company has a market cap of $22.11 billion, a P/E ratio of 6.57, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.Fidelity National Information Services’s revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Equities analysts expect that Fidelity National Information Services will post 6.2 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Fidelity National Information Services during the 4th quarter valued at about $347,000. Geneos Wealth Management Inc. increased its holdings in Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after buying an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Fidelity National Information Services during the second quarter valued at approximately $302,000. Marshall Wace LLP bought a new position in Fidelity National Information Services during the second quarter valued at approximately $4,896,000. Finally, Cresset Asset Management LLC lifted its stake in Fidelity National Information Services by 20.5% in the second quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after acquiring an additional 901 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

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.