William Blair reaffirmed their outperform rating on shares of Fidelity National Information Services (NYSE:FIS - Free Report) in a report published on Tuesday morning,RTT News reports. William Blair also issued estimates for Fidelity National Information Services' Q1 2025 earnings at $1.18 EPS, Q2 2025 earnings at $1.43 EPS, Q3 2025 earnings at $1.52 EPS, Q4 2025 earnings at $1.59 EPS, FY2025 earnings at $5.72 EPS, Q1 2026 earnings at $1.32 EPS, Q2 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.60 EPS, Q4 2026 earnings at $1.67 EPS and FY2026 earnings at $6.13 EPS.
FIS has been the topic of several other research reports. BNP Paribas cut shares of Fidelity National Information Services from a "neutral" rating to an "underperform" rating in a report on Wednesday, November 20th. Compass Point cut their price target on shares of Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. JPMorgan Chase & Co. increased their target price on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Royal Bank of Canada dropped their target price on shares of Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Finally, Mizuho increased their price target on shares of Fidelity National Information Services from $91.00 to $104.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, Fidelity National Information Services currently has an average rating of "Hold" and an average target price of $87.36.
Check Out Our Latest Report on FIS
Fidelity National Information Services Stock Up 0.1 %
FIS stock traded up $0.10 during mid-day trading on Tuesday, reaching $69.95. 5,688,695 shares of the company traded hands, compared to its average volume of 3,528,244. Fidelity National Information Services has a fifty-two week low of $62.63 and a fifty-two week high of $91.98. The firm's 50 day moving average price is $78.69 and its 200 day moving average price is $82.54. The stock has a market cap of $37.05 billion, a price-to-earnings ratio of 26.80, a P/E/G ratio of 1.23 and a beta of 1.04. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62.
Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same period in the prior year, the business earned $0.94 EPS. As a group, equities research analysts predict that Fidelity National Information Services will post 5.74 EPS for the current fiscal year.
Fidelity National Information Services Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be paid a dividend of $0.40 per share. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.29%. Fidelity National Information Services's dividend payout ratio (DPR) is currently 55.17%.
Insider Activity at Fidelity National Information Services
In other news, Director Jeffrey A. Goldstein purchased 701 shares of Fidelity National Information Services stock in a transaction that occurred on Wednesday, January 15th. The stock was bought at an average price of $79.97 per share, with a total value of $56,058.97. Following the completion of the transaction, the director now directly owns 11,098 shares of the company's stock, valued at approximately $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is owned by insiders.
Institutional Investors Weigh In On Fidelity National Information Services
Several institutional investors and hedge funds have recently made changes to their positions in the company. Ascent Group LLC increased its position in shares of Fidelity National Information Services by 8.9% during the fourth quarter. Ascent Group LLC now owns 6,102 shares of the information technology services provider's stock valued at $493,000 after acquiring an additional 501 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in Fidelity National Information Services by 6.5% in the fourth quarter. Mackenzie Financial Corp now owns 508,272 shares of the information technology services provider's stock worth $41,053,000 after purchasing an additional 31,146 shares during the last quarter. Forum Financial Management LP purchased a new stake in Fidelity National Information Services in the fourth quarter worth approximately $558,000. Michels Family Financial LLC purchased a new stake in Fidelity National Information Services in the fourth quarter worth approximately $531,000. Finally, Castlekeep Investment Advisors LLC purchased a new stake in Fidelity National Information Services in the fourth quarter worth approximately $1,527,000. Institutional investors own 96.23% of the company's stock.
About Fidelity National Information Services
(
Get Free Report)
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.
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