Fidelity National Information Services, Inc. (NYSE:FIS – Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as $40.07 and last traded at $40.4720, with a volume of 227313 shares trading hands. The stock had previously closed at $40.95.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on FIS shares. UBS Group decreased their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Monday, May 11th. JPMorgan Chase & Co. reduced their target price on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Stephens decreased their target price on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Cantor Fitzgerald lowered their target price on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Finally, TD Cowen reduced their price target on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $61.33.
View Our Latest Research Report on Fidelity National Information Services
Fidelity National Information Services Trading Down 1.9%
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s revenue was up 30.1% on a year-over-year basis. During the same period last year, the business earned $1.21 earnings per share. 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. On average, sell-side analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.
Fidelity National Information Services Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is 34.11%.
Hedge Funds Weigh In On Fidelity National Information Services
Large investors have recently modified their holdings of the stock. Salomon & Ludwin LLC grew its position in Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 194 shares during the last quarter. Raiffeisen Bank International AG purchased a new position in Fidelity National Information Services in the third quarter worth about $29,000. GoalVest Advisory LLC bought a new position in shares of Fidelity National Information Services in the fourth quarter worth approximately $33,000. MBM Wealth Consultants LLC purchased a new stake in shares of Fidelity National Information Services during the first quarter valued at approximately $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after acquiring an additional 362 shares in 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.
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