Campbell & CO Investment Adviser LLC Raises Holdings in Jack Henry & Associates, Inc. $JKHY

Campbell & CO Investment Adviser LLC boosted its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 44.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,633 shares of the technology company’s stock after purchasing an additional 3,292 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Jack Henry & Associates were worth $1,584,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JKHY. Vanguard Group Inc. raised its holdings in 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 buying an additional 43,974 shares during the last quarter. State Street Corp increased its position in shares of Jack Henry & Associates by 2.6% in the second quarter. State Street Corp now owns 4,006,150 shares of the technology company’s stock valued at $721,788,000 after acquiring an additional 102,534 shares during the period. Geode Capital Management LLC raised its stake in shares of 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. boosted its holdings in shares of Jack Henry & Associates by 22.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,668,602 shares of the technology company’s stock worth $300,632,000 after purchasing an additional 301,600 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Jack Henry & Associates by 0.8% in the second quarter. Invesco Ltd. now owns 1,645,161 shares of the technology company’s stock worth $296,409,000 after purchasing an additional 13,745 shares during the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling at Jack Henry & Associates

In other news, COO Shanon G. Mclachlan sold 227 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $160.83, for a total value of $36,508.41. Following the sale, the chief operating officer directly owned 1,420 shares of the company’s stock, valued at approximately $228,378.60. This represents a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David B. Foss sold 20,000 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $174.92, for a total value of $3,498,400.00. Following the transaction, the director owned 128,133 shares of the company’s stock, valued at $22,413,024.36. The trade was a 13.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

JKHY has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $185.00 to $210.00 in a research report on Tuesday, December 16th. Raymond James Financial upgraded Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 target price for the company in a report on Thursday, November 20th. Keefe, Bruyette & Woods raised Jack Henry & Associates from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $170.00 to $215.00 in a research note on Monday, December 8th. Robert W. Baird boosted their price objective on shares of Jack Henry & Associates from $180.00 to $200.00 and gave the company a “neutral” rating in a research report on Monday, December 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Jack Henry & Associates in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $195.82.

Jack Henry & Associates Stock Performance

Shares of Jack Henry & Associates stock opened at $190.32 on Friday. Jack Henry & Associates, Inc. has a 12 month low of $144.12 and a 12 month high of $196.00. The firm has a market capitalization of $13.77 billion, a P/E ratio of 28.92, a P/E/G ratio of 3.28 and a beta of 0.73. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $179.69 and a two-hundred day simple moving average of $168.20.

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

Jack Henry & Associates Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd were paid a dividend of $0.58 per share. The ex-dividend date was Tuesday, December 2nd. This represents a $2.32 dividend on an annualized basis and a yield of 1.2%. Jack Henry & Associates’s payout ratio is presently 35.26%.

Jack Henry & Associates Company Profile

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.