Fidelity National Information Services (NYSE:FIS) Stock Price Target Lowered at Piper Sandler

Fidelity National Information Services (NYSE:FIS) had its target price lowered by Piper Sandler from $42.00 to $31.00 in a research note issued to investors on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the information technology services provider’s stock.

Several other brokerages have also recently weighed in on FIS. Weiss Ratings cut Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reduced their target price on Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating on the stock in a report on Tuesday, September 29th. Barclays decreased their price target on Fidelity National Information Services from $43.00 to $38.00 and set an “equal weight” rating on the stock in a research report on Friday, October 9th. UBS Group reaffirmed an “outperform” rating on shares of Fidelity National Information Services in a research note on Thursday. Finally, Truist Financial cut their price objective on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating for the company in a research report on Friday, October 23rd. Nine research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $42.88.

Fidelity National Information Services Stock Down 1.2%

Shares of FIS opened at $29.40 on Thursday. The company has a current ratio of 0.55, a quick ratio of 0.53 and a debt-to-equity ratio of 0.93. Fidelity National Information Services has a 12 month low of $28.86 and a 12 month high of $68.37. The firm’s 50 day moving average is $36.47 and its 200-day moving average is $43.31. The stock has a market capitalization of $15.20 billion, a PE ratio of 4.39, a P/E/G ratio of 0.36 and a beta of 0.84.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.01. The business had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. Fidelity National Information Services had a return on equity of 20.42% and a net margin of 26.77%. The firm’s revenue for the quarter was up 27.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.51 earnings per share. Equities research analysts forecast that Fidelity National Information Services will post 5.96 EPS for the current 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 dividend of $0.44 per share. The ex-dividend date of this dividend is Monday, December 14th. This represents a $1.76 annualized dividend and a dividend yield of 6.0%. Fidelity National Information Services’s payout ratio is 27.04%.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey Goldstein acquired 1,585 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The stock was acquired at an average price of $36.40 per share, with a total value of $57,694.00. Following the purchase, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FIS. Fifth Third Bancorp boosted its holdings in shares of Fidelity National Information Services by 15.1% during the 3rd quarter. Fifth Third Bancorp now owns 257,368 shares of the information technology services provider’s stock valued at $8,467,000 after acquiring an additional 33,672 shares in the last quarter. Maryland State Retirement & Pension System grew its position in Fidelity National Information Services by 12.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 30,940 shares of the information technology services provider’s stock worth $1,018,000 after acquiring an additional 3,466 shares during the last quarter. Jacobi Capital Management LLC acquired a new position in Fidelity National Information Services in the 3rd quarter worth about $123,000. First Command Advisory Services Inc. increased its holdings in Fidelity National Information Services by 362.9% in 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 in the last quarter. Finally, AlphaCore Capital LLC increased its holdings in Fidelity National Information Services by 127.5% in the 3rd quarter. AlphaCore Capital LLC now owns 12,959 shares of the information technology services provider’s stock worth $426,000 after purchasing an additional 7,262 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

More Fidelity National Information Services News

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

• Positive Sentiment: FIS reported third-quarter adjusted earnings of $1.61 per share, slightly above the $1.60 consensus, while revenue of $3.45 billion also topped expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: Some analysts still see potential upside from current levels: TD Cowen maintained a Buy rating with a $38 target, and Goldman Sachs retained Buy with a $35 target. Both firms lowered their targets, however, reflecting a more cautious outlook. TD Cowen recommendations
• Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also reduced its Banking Solutions revenue-growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and bank consolidation. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: The company plans to pause share buybacks and limit some M&A as it focuses on deleveraging, reducing a potential source of shareholder returns. FIS Plunges as Fintech Halts Buybacks, Some M&A to Deleverage
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty amid the outlook reduction. FIS Announces CFO Transition
• Negative Sentiment: Several firms downgraded FIS or sharply reduced price targets, including Bank of America and RBC; the wave of revisions signals diminished confidence despite targets generally remaining above the cited share price. Bank of America recommendations

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.