Andra AP fonden Has $2.82 Million Position in Jack Henry & Associates, Inc. $JKHY

Andra AP fonden increased its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 67.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,670 shares of the technology company’s stock after buying an additional 6,319 shares during the quarter. Andra AP fonden’s holdings in Jack Henry & Associates were worth $2,823,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Jack Henry & Associates by 19.1% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,778,922 shares of the technology company’s stock worth $872,631,000 after acquiring an additional 765,441 shares during the period. RGM Capital LLC acquired a new position in shares of Jack Henry & Associates in the first quarter valued at $58,951,000. Nuveen LLC acquired a new position in shares of Jack Henry & Associates in the first quarter valued at $31,463,000. Millennium Management LLC lifted its position in Jack Henry & Associates by 535.1% in the first quarter. Millennium Management LLC now owns 161,180 shares of the technology company’s stock worth $29,431,000 after purchasing an additional 135,801 shares during the period. Finally, Kodai Capital Management LP boosted its stake in Jack Henry & Associates by 34,328.8% during the first quarter. Kodai Capital Management LP now owns 93,302 shares of the technology company’s stock worth $17,037,000 after buying an additional 93,031 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

Jack Henry & Associates Stock Down 1.4%

Shares of Jack Henry & Associates stock opened at $160.80 on Friday. Jack Henry & Associates, Inc. has a 12-month low of $144.12 and a 12-month high of $196.00. The stock has a market capitalization of $11.68 billion, a P/E ratio of 25.77, a price-to-earnings-growth ratio of 2.74 and a beta of 0.76. The company has a 50-day simple moving average of $154.60 and a 200 day simple moving average of $167.98.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, November 4th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.33. The firm had revenue of $636.11 million for the quarter, compared to analyst estimates of $634.42 million. Jack Henry & Associates had a net margin of 19.19% and a return on equity of 22.60%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.63 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. On average, equities analysts anticipate that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.

Jack Henry & Associates Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 5th were given a dividend of $0.58 per share. The ex-dividend date was Friday, September 5th. This represents a $2.32 dividend on an annualized basis and a yield of 1.4%. Jack Henry & Associates’s dividend payout ratio is 35.26%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada lowered their price target on shares of Jack Henry & Associates from $203.00 to $185.00 and set a “sector perform” rating on the stock in a report on Thursday, August 21st. DA Davidson decreased their target price on shares of Jack Henry & Associates from $204.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. Robert W. Baird set a $172.00 price target on shares of Jack Henry & Associates in a research report on Friday, October 17th. UBS Group cut their price target on shares of Jack Henry & Associates from $185.00 to $175.00 and set a “neutral” rating for the company in a research note on Thursday, August 21st. Finally, Wells Fargo & Company lifted their price objective on Jack Henry & Associates from $161.00 to $164.00 and gave the company an “equal weight” rating in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $177.25.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.