Insider Buying: Fidelity National Information Services (NYSE:FIS) Director Acquires $52,200.00 in Stock

Fidelity National Information Services, Inc. (NYSE:FIS) Director Kourtney Gibson bought 1,800 shares of the business’s stock in a transaction on Friday, November 6th. The stock was purchased at an average price of $29.00 per share, for a total transaction of $52,200.00. Following the purchase, the director directly owned 5,903 shares in the company, valued at approximately $171,187. This represents a 43.87% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $28.39 on Friday. Fidelity National Information Services, Inc. has a 12 month low of $27.93 and a 12 month high of $68.37. The company’s fifty day simple moving average is $35.24 and its 200-day simple moving average is $42.52. The firm has a market cap of $14.63 billion, a PE ratio of 4.24, a P/E/G ratio of 0.38 and a beta of 0.84. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.93.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a net margin of 26.77% and a return on equity of 20.42%. The firm had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.43 billion. During the same period in the previous year, the firm posted $1.51 EPS. The company’s revenue for the quarter was up 27.1% on a year-over-year basis. Equities research analysts expect that Fidelity National Information Services, Inc. will post 5.85 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Shareholders of record on Monday, December 14th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio is 26.27%.

Latest Fidelity National Information Services News

Investors following FIS have been watching these news items:

• Neutral Sentiment: FIS presented at the KBW Fintech Ecosystem Conference. The available article is a transcript, but the provided details do not identify a specific new announcement or financial catalyst. Conference transcript
• Negative Sentiment: Truist cut its price target to $31 from $37 and maintained a Hold rating. Bernstein also lowered its target to $31 from $48 and rated the shares Market Perform, reflecting reduced expectations for the stock.
• Negative Sentiment: Although FIS’s third-quarter EPS of $1.61 and revenue of $3.45 billion slightly beat consensus, the company’s fiscal 2026 adjusted EPS outlook was reportedly as much as $0.38 per share below Wall Street expectations. That guidance shortfall appears to be the key driver of the negative reaction. FIS stock drops after earnings report

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Raymond James Financial restated an “outperform” rating and issued a $35.00 price objective on shares of Fidelity National Information Services in a research note on Wednesday, November 4th. Keefe, Bruyette & Woods reduced their price objective on shares of Fidelity National Information Services from $50.00 to $42.00 and set an “outperform” rating for the company in a research report on Thursday, November 5th. Argus cut shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Friday, November 6th. William Blair downgraded shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 4th. Finally, Zacks Research downgraded shares of Fidelity National Information Services from a “hold” rating to a “strong sell” rating in a research report on Friday, November 6th. Six research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $41.12.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FIS. N.F.U. MUTUAL UNIT MANAGERS Ltd acquired a new position in Fidelity National Information Services during the 3rd quarter valued at about $594,000. First Trust Advisors LP boosted its position in shares of Fidelity National Information Services by 27.4% during the third quarter. First Trust Advisors LP now owns 1,995,935 shares of the information technology services provider’s stock valued at $65,666,000 after buying an additional 428,924 shares during the last quarter. Horizon Kinetics Asset Management LLC boosted its position in shares of Fidelity National Information Services by 17.5% during the third quarter. Horizon Kinetics Asset Management LLC now owns 11,400 shares of the information technology services provider’s stock valued at $375,000 after buying an additional 1,700 shares during the last quarter. Edmond DE Rothschild Holding S.A. bought a new position in Fidelity National Information Services during the 3rd quarter valued at $470,000. Finally, Private Advisor Group LLC purchased a new position in Fidelity National Information Services during the 3rd quarter worth $516,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc. (FIS) provides financial technology and services to banks, credit unions, capital markets firms and other financial institutions. Its offerings include systems for processing transactions, managing accounts and supporting day-to-day financial operations. The company’s products and services also cover digital banking, payments, risk management, regulatory compliance, treasury operations and capital markets activities such as trading and securities processing.