Jack Henry & Associates (NASDAQ:JKHY) Given Buy Rating at DA Davidson

DA Davidson reissued their buy rating on shares of Jack Henry & Associates (NASDAQ:JKHY) in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a $216.00 price objective on the technology company’s stock.

A number of other research firms have also commented on JKHY. Royal Bank Of Canada upgraded shares of Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $185.00 to $210.00 in a research note on Tuesday, December 16th. Compass Point raised Jack Henry & Associates from a “neutral” rating to a “buy” rating and raised their price target for the stock from $179.00 to $187.00 in a report on Thursday, November 6th. Raymond James Financial raised Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 price objective for the company in a research note on Thursday, November 20th. The Goldman Sachs Group lifted their target price on Jack Henry & Associates from $155.00 to $175.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Finally, Stephens set a $200.00 target price on Jack Henry & Associates in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Jack Henry & Associates currently has an average rating of “Moderate Buy” and an average price target of $199.73.

Jack Henry & Associates Trading Up 4.6%

JKHY opened at $173.78 on Wednesday. The firm has a market cap of $12.58 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 2.86 and a beta of 0.71. Jack Henry & Associates has a 52 week low of $144.12 and a 52 week high of $196.00. The business’s 50 day moving average is $183.33 and its two-hundred day moving average is $168.43. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.01.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.29. The business had revenue of $611.18 million during the quarter, compared to the consensus estimate of $608.46 million. Jack Henry & Associates had a return on equity of 24.01% and a net margin of 20.59%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.34 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, research analysts predict that Jack Henry & Associates will post 5.83 EPS for the current 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 dividend on an annualized basis and a dividend yield of 1.3%. Jack Henry & Associates’s payout ratio is 35.26%.

Insider Buying and Selling at Jack Henry & Associates

In other Jack Henry & Associates 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 completion of the transaction, the chief operating officer owned 1,420 shares in the company, 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 can be accessed through this link. Also, Director David B. Foss sold 20,000 shares of the business’s stock in a transaction 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 sale, the director owned 128,133 shares in the company, valued at $22,413,024.36. The trade was a 13.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its holdings in shares of Jack Henry & Associates by 21.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock worth $384,000 after acquiring an additional 367 shares during the period. Empowered Funds LLC boosted 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 purchasing an additional 584 shares in the last quarter. Woodline Partners LP grew its holdings in Jack Henry & Associates by 40.6% in the first quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock valued at $1,125,000 after purchasing an additional 1,778 shares during the last quarter. Jane Street Group LLC acquired a new stake in Jack Henry & Associates in the first quarter valued at $9,430,000. Finally, Focus Partners Wealth increased its position in shares of Jack Henry & Associates by 15.1% in the first 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 in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Jack Henry & Associates News Summary

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Q2 results beat expectations — GAAP EPS $1.72 (vs. consensus ~$1.43) with revenue up ~7.9% year‑over‑year and sizable operating‑income and margin expansion; management raised FY‑2026 EPS guidance to $6.61–$6.72, above consensus. Jack Henry Q2 press release
• Positive Sentiment: Analyst reinforcement — DA Davidson reaffirmed a “Buy” and set a $216 price target (street upside vs. current levels), supporting investor confidence. DA Davidson note via TickerReport
• Positive Sentiment: Industry demand narrative — Reuters and other outlets highlighted strong demand for Jack Henry’s banking technology as a driver of the profit gain, reinforcing the growth story. Reuters: profit rises on bank tech demand
• Neutral Sentiment: Top‑line nuance — most outlets report revenue growth, but third‑party data shows slight differences in reported sales vs. some consensus figures (minor variation across vendors). Investors should watch upcoming transcripts for detail on bookings and product vs. services mix. Zacks earnings coverage
• Neutral Sentiment: Analyst targets and consensus — the median 6‑month target is around $195, with several firms above that; this provides upside room but also a spread of expectations to monitor. QuiverQuant summary
• Negative Sentiment: Insider selling noted — recent filings show insider sales (including an executive sale disclosed), which some investors view as a modest negative signal; size and context matter. QuiverQuant insider activity
• Negative Sentiment: Institutional rebalancing — large portfolio moves (some sizeable reductions by big managers) show mixed institutional positioning; could add volatility if continued. QuiverQuant institutional holdings

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.