American Century Companies Inc. Boosts Stake in Pathward Financial, Inc. $CASH

American Century Companies Inc. raised its position in Pathward Financial, Inc. (NASDAQ:CASH) by 5.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 726,051 shares of the savings and loans company’s stock after purchasing an additional 39,628 shares during the quarter. American Century Companies Inc. owned 3.04% of Pathward Financial worth $57,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Comerica Bank raised its holdings in Pathward Financial by 89.8% in the first quarter. Comerica Bank now owns 26,696 shares of the savings and loans company’s stock valued at $1,948,000 after buying an additional 12,632 shares during the period. XTX Topco Ltd grew its stake in Pathward Financial by 99.2% during the first quarter. XTX Topco Ltd now owns 24,846 shares of the savings and loans company’s stock worth $1,813,000 after buying an additional 12,376 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Pathward Financial during the first quarter worth approximately $256,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Pathward Financial in the first quarter worth $584,000. Finally, Sheets Smith Wealth Management purchased a new position in shares of Pathward Financial in the 2nd quarter valued at $276,000. 92.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Pathward Financial

In other Pathward Financial news, Director Douglas J. Hajek sold 3,000 shares of Pathward Financial stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $68.11, for a total transaction of $204,330.00. Following the sale, the director directly owned 16,631 shares in the company, valued at $1,132,737.41. The trade was a 15.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Anthony M. Sharett sold 11,500 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $71.55, for a total value of $822,825.00. Following the transaction, the president owned 25,155 shares of the company’s stock, valued at approximately $1,799,840.25. This trade represents a 31.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 19,500 shares of company stock worth $1,384,455 in the last 90 days. 1.23% of the stock is owned by corporate insiders.

Pathward Financial Stock Performance

Pathward Financial stock opened at $71.48 on Friday. Pathward Financial, Inc. has a 12-month low of $64.45 and a 12-month high of $86.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.79 and a quick ratio of 0.76. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 9.05 and a beta of 0.79. The firm’s fifty day moving average price is $71.41 and its 200 day moving average price is $75.76.

Pathward Financial (NASDAQ:CASH) last posted its quarterly earnings data on Tuesday, October 21st. The savings and loans company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.30. The company had revenue of $186.71 million during the quarter, compared to analysts’ expectations of $189.50 million. Pathward Financial had a net margin of 22.45% and a return on equity of 22.97%. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.35 EPS. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. On average, research analysts forecast that Pathward Financial, Inc. will post 7.26 EPS for the current fiscal year.

Pathward Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Wednesday, December 10th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, December 10th. Pathward Financial’s dividend payout ratio (DPR) is 2.53%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.00.

Pathward Financial Profile

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.