Brokerages Set Fidelity National Information Services, Inc. (NYSE:FIS) Target Price at $91.63

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) have been given an average recommendation of “Moderate Buy” by the twenty-one research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and thirteen have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $91.6316.

A number of research firms recently weighed in on FIS. Keefe, Bruyette & Woods decreased their target price on shares of Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating for the company in a research report on Wednesday, August 6th. Truist Financial raised their target price on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Thursday, July 17th. Robert W. Baird raised their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research report on Wednesday, July 16th. Finally, UBS Group decreased their target price on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th.

Institutional Trading of Fidelity National Information Services

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Oppenheimer & Co. Inc. acquired a new position in Fidelity National Information Services in the first quarter valued at about $276,000. Brown Advisory Inc. lifted its holdings in shares of Fidelity National Information Services by 16.7% during the 1st quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider’s stock worth $24,594,000 after acquiring an additional 47,086 shares during the period. Compass Wealth Management LLC lifted its holdings in shares of Fidelity National Information Services by 13.5% during the 1st quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider’s stock worth $5,810,000 after acquiring an additional 9,251 shares during the period. Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter worth approximately $347,000. Finally, Meritage Portfolio Management lifted its holdings in shares of Fidelity National Information Services by 43.9% during the 1st quarter. Meritage Portfolio Management now owns 82,571 shares of the information technology services provider’s stock worth $6,166,000 after acquiring an additional 25,203 shares during the period. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 2.0%

Shares of FIS stock opened at $67.71 on Tuesday. The firm has a fifty day moving average of $74.46 and a 200-day moving average of $75.60. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. Fidelity National Information Services has a 12-month low of $65.82 and a 12-month high of $91.98. The company has a market capitalization of $35.37 billion, a price-to-earnings ratio of 376.19 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same period last year, the company earned $1.36 earnings per share. The firm’s revenue was up 5.1% compared to the same quarter last year. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, equities research analysts predict that Fidelity National Information Services will post 5.74 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 Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is 888.89%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.