Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Position in Jack Henry & Associates, Inc. $JKHY

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 17.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,866 shares of the technology company’s stock after purchasing an additional 6,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned 0.06% of Jack Henry & Associates worth $6,831,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JKHY. Stephens Inc. AR grew its holdings in Jack Henry & Associates by 6.1% in the 3rd quarter. Stephens Inc. AR now owns 21,045 shares of the technology company’s stock valued at $3,134,000 after buying an additional 1,210 shares during the period. Quent Capital LLC acquired a new stake in shares of Jack Henry & Associates in the third quarter worth approximately $33,000. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Jack Henry & Associates by 4.0% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,660 shares of the technology company’s stock worth $396,000 after acquiring an additional 102 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in Jack Henry & Associates by 0.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 178,863 shares of the technology company’s stock valued at $26,638,000 after purchasing an additional 543 shares during the period. Finally, Conestoga Capital Advisors LLC increased its position in Jack Henry & Associates by 0.5% during the third quarter. Conestoga Capital Advisors LLC now owns 202,582 shares of the technology company’s stock worth $30,171,000 after purchasing an additional 1,022 shares during the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Jack Henry & Associates

In other Jack Henry & Associates news, Director David B. Foss sold 20,000 shares of the firm’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 sale, the director owned 128,133 shares in the company, valued at $22,413,024.36. This trade represents a 13.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Shanon G. Mclachlan sold 227 shares of Jack Henry & Associates stock in a transaction that occurred 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 owned 1,420 shares in the company, valued at $228,378.60. This represents a 13.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.60% of the company’s stock.

Jack Henry & Associates Stock Performance

Jack Henry & Associates stock opened at $190.32 on Friday. The firm has a market capitalization of $13.77 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 3.28 and a beta of 0.73. Jack Henry & Associates, Inc. has a one year low of $144.12 and a one year high of $196.00. The stock’s 50 day moving average price is $179.69 and its 200 day moving average price is $168.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.49 and a current ratio of 1.49.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $634.42 million. During the same quarter last year, the firm posted $1.63 earnings per share. The business’s quarterly 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. As a group, sell-side analysts expect that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on JKHY. Weiss Ratings reissued a “hold (c)” rating on shares of Jack Henry & Associates in a research note on Wednesday, October 8th. Wolfe Research set a $220.00 target price on Jack Henry & Associates and gave the company an “outperform” rating in a report on Thursday, January 8th. Wells Fargo & Company upped their price target 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. Robert W. Baird raised their price objective on Jack Henry & Associates from $180.00 to $200.00 and gave the stock a “neutral” rating in a report on Monday, December 15th. Finally, Keefe, Bruyette & Woods upgraded Jack Henry & Associates from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $170.00 to $215.00 in a report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $195.82.

Jack Henry & Associates 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.