Fidelity National Information Services (NYSE:FIS) Director Jeffrey Goldstein Buys 1,585 Shares of Company Stock

Fidelity National Information Services, Inc. (NYSE:FIS) Director Jeffrey Goldstein acquired 1,585 shares of the business’s stock in a transaction dated Thursday, October 15th. The shares were bought at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the acquisition, the director owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. This represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fidelity National Information Services Stock Performance

FIS stock traded down $0.18 during trading on Friday, reaching $35.95. The company had a trading volume of 4,705,609 shares, compared to its average volume of 6,656,548. The firm has a 50-day simple moving average of $37.99 and a 200-day simple moving average of $41.26. The company has a market cap of $18.58 billion, a price-to-earnings ratio of 5.52, a price-to-earnings-growth ratio of 0.38 and a beta of 0.81. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. Fidelity National Information Services, Inc. has a twelve month low of $32.10 and a twelve month high of $68.98.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. Fidelity National Information Services’s revenue for the quarter was up 29.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.36 EPS. 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. As a group, sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.20 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.9%. Fidelity National Information Services’s payout ratio is 27.04%.

Trending Headlines about Fidelity National Information Services

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

• Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $42 price target, implying potential upside and adding a bullish institutional view. Bank of America coverage details
• Positive Sentiment: FIS and Anthropic made the FIS AML Investigations Agent commercially available to U.S. banks. The AI tool is designed to help financial institutions manage money-laundering investigations, potentially creating a new growth opportunity and strengthening FIS’s competitive position in banking technology. FIS and Anthropic launch AML investigations agent
• Positive Sentiment: A Zacks analysis cited rising free cash flow, expanding margins and acquisition synergies as possible catalysts for a rebound after the stock’s steep decline. Zacks FIS rebound analysis
• Neutral Sentiment: Cantor Fitzgerald lowered its target from $50 to $45 but maintained an Overweight rating, while Citigroup cut its target from $45 to $39 and moved to Neutral. The revisions reduce expectations but still leave analysts’ targets above the current trading level.
• Negative Sentiment: Susquehanna also reduced its price target, to $37. The cluster of target cuts suggests analysts remain cautious about FIS’s near-term earnings outlook and valuation, contributing to pressure on the shares. Susquehanna cuts FIS price target

Institutional Trading of Fidelity National Information Services

A number of hedge funds have recently modified their holdings of FIS. Reflection Asset Management purchased a new position in Fidelity National Information Services during the fourth quarter valued at approximately $34,000. MBM Wealth Consultants LLC acquired a new position in Fidelity National Information Services in the first quarter valued at approximately $33,000. Pension & Wealth Management Advisors Inc. acquired a new position in Fidelity National Information Services in the third quarter valued at approximately $35,000. Purpose Unlimited Inc. purchased a new stake in Fidelity National Information Services in the 4th quarter worth approximately $88,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in Fidelity National Information Services in the 2nd quarter worth approximately $58,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on FIS shares. Keefe, Bruyette & Woods reduced their target price on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. Bank of America started coverage on Fidelity National Information Services in a research note on Thursday. They set a “buy” rating and a $42.00 price target on the stock. Susquehanna cut their price objective on Fidelity National Information Services from $46.00 to $37.00 and set a “neutral” rating on the stock in a report on Tuesday. Robert W. Baird cut their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a report on Friday, September 25th. Finally, Cantor Fitzgerald reduced their price objective on Fidelity National Information Services from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday. Eleven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $49.28.

About Fidelity National Information Services

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.

FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.