Boston Trust Walden Corp Acquires 96,114 Shares of Jack Henry & Associates, Inc. $JKHY

Boston Trust Walden Corp increased its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 34.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 372,776 shares of the technology company’s stock after acquiring an additional 96,114 shares during the period. Boston Trust Walden Corp owned approximately 0.51% of Jack Henry & Associates worth $55,518,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Jack Henry & Associates by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 8,843,282 shares of the technology company’s stock valued at $1,593,294,000 after purchasing an additional 43,974 shares during the last quarter. State Street Corp boosted its stake in Jack Henry & Associates by 2.6% during the second quarter. State Street Corp now owns 4,006,150 shares of the technology company’s stock worth $721,788,000 after buying an additional 102,534 shares during the period. Geode Capital Management LLC increased its position in Jack Henry & Associates by 3.0% during the second quarter. Geode Capital Management LLC now owns 2,095,237 shares of the technology company’s stock valued at $376,816,000 after acquiring an additional 61,292 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Jack Henry & Associates by 22.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,668,602 shares of the technology company’s stock valued at $300,632,000 after acquiring an additional 301,600 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Jack Henry & Associates by 0.8% in the 2nd quarter. Invesco Ltd. now owns 1,645,161 shares of the technology company’s stock worth $296,409,000 after acquiring an additional 13,745 shares during the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

JKHY has been the topic of a number of recent analyst reports. Raymond James Financial raised shares of Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 price objective on the stock in a research report on Thursday, November 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jack Henry & Associates in a report on Wednesday, October 8th. DA Davidson dropped their price objective on Jack Henry & Associates from $204.00 to $190.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. Wells Fargo & Company increased their target price on Jack Henry & Associates from $161.00 to $164.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada upgraded Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $185.00 to $210.00 in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $190.44.

Jack Henry & Associates Trading Up 0.2%

JKHY opened at $186.42 on Tuesday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $170.91 and its two-hundred day moving average is $167.47. The company has a market capitalization of $13.49 billion, a P/E ratio of 28.33, a PEG ratio of 3.22 and a beta of 0.73. Jack Henry & Associates, Inc. has a 52 week low of $144.12 and a 52 week high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, November 4th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.33. The business had revenue of $636.11 million for the quarter, compared to the consensus estimate of $634.42 million. Jack Henry & Associates had a return on equity of 23.11% and a net margin of 19.86%.The business’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.63 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. Analysts forecast that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd were given a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, December 2nd. Jack Henry & Associates’s dividend payout ratio is presently 35.26%.

Insider Buying and Selling

In related news, COO Shanon G. Mclachlan sold 227 shares of Jack Henry & Associates stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $160.83, for a total transaction of $36,508.41. Following the transaction, the chief operating officer directly owned 1,420 shares of the company’s stock, valued at $228,378.60. This trade represents a 13.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director David B. Foss sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $174.92, for a total transaction of $3,498,400.00. Following the completion of the transaction, the director directly owned 128,133 shares of the company’s stock, valued at $22,413,024.36. This trade represents a 13.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is currently owned by company insiders.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.