Jack Henry & Associates, Inc. $JKHY Shares Sold by Baillie Gifford & Co.

Baillie Gifford & Co. lowered its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 336,485 shares of the technology company’s stock after selling 9,610 shares during the quarter. Baillie Gifford & Co. owned approximately 0.46% of Jack Henry & Associates worth $50,113,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its holdings in shares of Jack Henry & Associates by 21.2% during the first quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock worth $384,000 after purchasing an additional 367 shares during the last quarter. Empowered Funds LLC lifted its position in Jack Henry & Associates by 8.8% during the first quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock worth $1,312,000 after buying an additional 584 shares during the period. Woodline Partners LP lifted its position in Jack Henry & Associates by 40.6% during the first quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock worth $1,125,000 after buying an additional 1,778 shares during the period. Jane Street Group LLC acquired a new stake in Jack Henry & Associates in the 1st quarter worth about $9,430,000. Finally, Focus Partners Wealth grew its holdings in Jack Henry & Associates by 15.1% in the 1st quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock valued at $253,000 after buying an additional 182 shares during the period. 98.75% of the stock is owned by hedge funds and other institutional investors.

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $185.11 on Friday. The firm’s fifty day simple moving average is $181.97 and its 200 day simple moving average is $168.45. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.01. Jack Henry & Associates, Inc. has a twelve month low of $144.12 and a twelve month high of $196.00. The firm has a market capitalization of $13.40 billion, a price-to-earnings ratio of 28.13, a PEG ratio of 3.19 and a beta of 0.73.

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

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Tuesday, December 2nd were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $2.32 annualized dividend and a yield of 1.3%. Jack Henry & Associates’s payout ratio is 35.26%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Royal Bank Of Canada upgraded shares of Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $185.00 to $210.00 in a report on Tuesday, December 16th. UBS Group increased their price target on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Wells Fargo & Company boosted their price objective on shares of Jack Henry & Associates from $161.00 to $164.00 and gave the company an “equal weight” rating in a research note on Thursday, November 6th. Robert W. Baird upped 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, Raymond James Financial upgraded Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 target price on the stock in a report on Thursday, November 20th. One 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.82.

Insider Buying and Selling

In other 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 sale, the chief operating officer owned 1,420 shares in the company, valued at $228,378.60. This trade represents a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David B. Foss sold 20,000 shares of the company’s stock in a transaction on Monday, December 1st. The shares were 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 owned 128,133 shares of the company’s stock, valued at $22,413,024.36. This trade represents a 13.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is owned by corporate insiders.

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.