SG Americas Securities LLC Increases Position in Pathward Financial, Inc. $CASH

SG Americas Securities LLC raised its holdings in shares of Pathward Financial, Inc. (NASDAQ:CASH) by 202.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,754 shares of the savings and loans company’s stock after purchasing an additional 9,203 shares during the period. SG Americas Securities LLC owned 0.06% of Pathward Financial worth $1,018,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CASH. Revolve Wealth Partners LLC bought a new position in Pathward Financial during the 4th quarter valued at approximately $267,437,000. American Century Companies Inc. grew its stake in shares of Pathward Financial by 5.8% in the second quarter. American Century Companies Inc. now owns 726,051 shares of the savings and loans company’s stock worth $57,445,000 after acquiring an additional 39,628 shares during the last quarter. Neumeier Poma Investment Counsel LLC increased its holdings in shares of Pathward Financial by 62.1% during the second quarter. Neumeier Poma Investment Counsel LLC now owns 215,135 shares of the savings and loans company’s stock valued at $17,021,000 after acquiring an additional 82,455 shares in the last quarter. Elgethun Capital Management raised its position in shares of Pathward Financial by 0.7% in the 2nd quarter. Elgethun Capital Management now owns 175,215 shares of the savings and loans company’s stock worth $13,863,000 after purchasing an additional 1,256 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its position in shares of Pathward Financial by 0.9% in the 2nd quarter. Panagora Asset Management Inc. now owns 166,137 shares of the savings and loans company’s stock worth $13,145,000 after purchasing an additional 1,456 shares during the last quarter. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Nadia Dombrowski sold 5,000 shares of Pathward Financial stock in a transaction on Friday, October 24th. The stock was sold at an average price of $71.46, for a total value of $357,300.00. Following the completion of the sale, the insider owned 6,528 shares of the company’s stock, valued at $466,490.88. The trade was a 43.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Douglas J. Hajek sold 3,000 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $68.11, for a total value of $204,330.00. Following the completion of the transaction, the director directly owned 16,631 shares in the company, valued at approximately $1,132,737.41. This represents a 15.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 19,500 shares of company stock worth $1,384,455. 1.23% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Pathward Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Pathward Financial has an average rating of “Hold” and a consensus price target of $91.00.

Pathward Financial Stock Down 1.7%

CASH stock opened at $75.24 on Monday. The stock has a market capitalization of $1.67 billion, a P/E ratio of 9.52 and a beta of 0.74. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.79 and a quick ratio of 0.76. Pathward Financial, Inc. has a 1-year low of $64.45 and a 1-year high of $86.00. The business has a fifty day moving average price of $72.45 and a 200-day moving average price of $74.68.

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

Pathward Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 10th were issued a $0.05 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $0.20 annualized dividend and a yield of 0.3%. Pathward Financial’s dividend payout ratio (DPR) is currently 2.53%.

Pathward Financial Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.