Fidelity National Information Services (NYSE:FIS – Get Free Report) was upgraded by equities researchers at Barclays to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Several other equities analysts also recently weighed in on the stock. Morgan Stanley started coverage on shares of Fidelity National Information Services in a research note on Tuesday. They issued an “equal weight” rating and a $47.00 target price for the company. Citigroup dropped their price target on shares of Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. The Goldman Sachs Group cut their price objective on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a report on Monday, May 11th. Oppenheimer reduced their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Finally, Weiss Ratings raised shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.96.
Fidelity National Information Services Stock Up 1.8%
Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the firm posted $1.21 EPS. The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. 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, equities research analysts anticipate that Fidelity National Information Services will post 6.28 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of FIS. Salomon & Ludwin LLC raised its stake in Fidelity National Information Services by 100.5% in the fourth 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 in the last quarter. GoalVest Advisory LLC purchased a new position in Fidelity National Information Services in the 4th quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the last quarter. Reflection Asset Management bought a new position in shares of Fidelity National Information Services in the 4th quarter worth $34,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $42,000. 96.23% of the stock is currently owned by institutional investors.
Fidelity National Information Services Company Profile
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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