Fidelity National Information Services (NYSE:FIS) Stock Rating Cut to Hold at Argus

Posted by Geri Gentry on Nov 7th, 2026

Argus cut shares of Fidelity National Information Services (NYSE:FIS – Free Report) from a buy rating to a hold rating in a research report released on Friday morning, MarketBeat reports.

Several other analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday, September 29th. Piper Sandler decreased their target price on shares of Fidelity National Information Services from $42.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. downgraded shares of Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 target price for the company. in a report on Wednesday. National Bank Financial set a $46.00 price target on shares of Fidelity National Information Services in a research note on Thursday. Finally, Royal Bank Of Canada lowered shares of Fidelity National Information Services from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from $53.00 to $37.00 in a report on Thursday. Six analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Hold” and an average price target of $42.20.

Check Out Our Latest Research Report on FIS

Fidelity National Information Services Trading Down 2.5%

FIS stock traded down $0.72 during midday trading on Friday, hitting $28.66. The stock had a trading volume of 11,110,789 shares, compared to its average volume of 5,734,265. The company’s 50-day moving average price is $36.23 and its 200 day moving average price is $43.15. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a market cap of $14.82 billion, a PE ratio of 4.28, a price-to-earnings-growth ratio of 0.47 and a beta of 0.84. Fidelity National Information Services has a 12-month low of $28.39 and a 12-month high of $68.37.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.01. The company had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The business’s revenue for the quarter was up 27.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.51 EPS. On average, equities research analysts predict that Fidelity National Information Services will post 5.89 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 6.1%. The ex-dividend date is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio is currently 27.04%.

Insider Buying and Selling

In related news, Director Jeffrey Goldstein purchased 1,585 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was purchased at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the acquisition, the director directly owned 18,697 shares in the company, valued at $680,570.80. The trade was a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Hedge funds and other institutional investors have recently modified their holdings of the business. Pension & Wealth Management Advisors Inc. purchased a new position in Fidelity National Information Services in the third quarter valued at about $35,000. First Command Advisory Services Inc. increased its holdings in Fidelity National Information Services by 362.9% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock worth $37,000 after purchasing an additional 889 shares during the last quarter. Bank & Trust Co acquired a new position in shares of Fidelity National Information Services in the 3rd quarter valued at approximately $51,000. N.E.W. Advisory Services LLC acquired a new position in shares of Fidelity National Information Services in the 2nd quarter valued at approximately $58,000. Finally, Pinnacle Wealth Planning Services Inc. boosted its stake in shares of Fidelity National Information Services by 96.8% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,976 shares of the information technology services provider’s stock valued at $65,000 after buying an additional 972 shares during the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services News Roundup

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

Neutral Sentiment: Some analysts still see potential upside: TD Cowen, Goldman Sachs and Keefe, Bruyette & Woods retained positive ratings, although each reduced its price target. TD Cowen rating
Negative Sentiment: FIS lowered its fiscal 2026 outlook, a key catalyst behind the selloff. The company also said CFO James Kehoe will step down, with Alexandra Brooks named interim CFO—adding uncertainty during a period of weaker expectations. FIS outlook and CFO transition
Negative Sentiment: Analyst sentiment has broadly weakened. Argus and Wolfe Research cut their ratings to Hold; Bank of America, JPMorgan, RBC and others also moved to more cautious ratings. UBS, Citi, Barclays, Piper Sandler and several peers lowered price targets, signaling reduced expectations. Argus downgrade
Negative Sentiment: Bank of America cited the possibility of delayed capital returns as an additional concern, while shareholder-law firms announced investigations into potential securities claims. These notices are not findings of wrongdoing, but may add reputational and legal uncertainty. BofA downgrade and capital-return concern

About Fidelity National Information Services

(Get Free Report)

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.