Robert W. Baird set a $205.00 price target on Jack Henry & Associates (NASDAQ:JKHY – Free Report) in a research note issued to investors on Thursday, MarketBeat.com reports. The brokerage currently has an outperform rating on the technology company’s stock.
A number of other research analysts also recently commented on the company. Royal Bank Of Canada upgraded Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $185.00 to $210.00 in a research report on Tuesday, December 16th. Wells Fargo & Company lifted their price objective on shares of Jack Henry & Associates from $164.00 to $181.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Wall Street Zen downgraded shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Stephens raised shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a report on Thursday. Finally, DA Davidson reissued a “buy” rating and set a $216.00 price objective on shares of Jack Henry & Associates in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $199.17.
Check Out Our Latest Stock Analysis on Jack Henry & Associates
Jack Henry & Associates Stock Up 1.8%
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.29. The firm had revenue of $611.18 million for the quarter, compared to analysts’ expectations of $608.46 million. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The business’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.34 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Analysts predict that Jack Henry & Associates will post 5.83 EPS for the current fiscal year.
Jack Henry & Associates Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd were paid a $0.58 dividend. 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 dividend payout ratio (DPR) is presently 33.33%.
Insider Buying and Selling
In related news, COO Shanon G. Mclachlan sold 227 shares of the business’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $160.83, for a total transaction of $36,508.41. Following the completion of the transaction, the chief operating officer owned 1,420 shares in the company, valued at $228,378.60. The trade was a 13.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 value of $3,498,400.00. Following the completion of the transaction, the director directly owned 128,133 shares in the company, valued at $22,413,024.36. This trade represents a 13.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.60% of the company’s stock.
Institutional Trading of Jack Henry & Associates
A number of large investors have recently made changes to their positions in JKHY. Hantz Financial Services Inc. purchased a new stake in Jack Henry & Associates in the 2nd quarter valued at about $27,000. CYBER HORNET ETFs LLC bought a new position in Jack Henry & Associates in the second quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd increased its holdings in Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after purchasing an additional 195 shares during the period. MUFG Securities EMEA plc purchased a new position in Jack Henry & Associates during the 2nd quarter worth $39,000. Finally, Private Trust Co. NA raised its position in Jack Henry & Associates by 49.0% during the 2nd quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock valued at $39,000 after purchasing an additional 71 shares in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Jack Henry & Associates
Here are the key news stories impacting Jack Henry & Associates this week:
- Positive Sentiment: Baird set a new $205 price target and an “outperform” rating, implying meaningful upside and signaling conviction from a well-known regional bank analyst. Read More.
- Positive Sentiment: Stephens upgraded JKHY from “equal weight” to “overweight” and also put a $205 target on the stock—another bullish vote that can attract institutional buying interest. Read More.
- Positive Sentiment: DA Davidson reaffirmed a “buy” rating with a $216 price target, the highest among recent analyst notes; that level implies material upside and supports a bullish narrative. Read More.
- Positive Sentiment: Jack Henry reported a quarterly beat (EPS and revenue) with expanding margins and raised full-year guidance — the primary fundamental driver behind recent share strength. Read More.
- Neutral Sentiment: Morgan Stanley nudged its price target up to $183 but kept an “equal weight” rating — a modest positive to the target but less persuasive than outright upgrades. Read More.
- Neutral Sentiment: Analysts and outlets are publishing positive thematic coverage (Zacks growth-score piece, valuation and comparison write-ups) that may support longer-term interest but are less likely to move the stock immediately than earnings and direct analyst upgrades. Read More.
- Neutral Sentiment: Valuation and comparison pieces (Yahoo, Globe & Mail, American Banking News) provide context on earnings and relative peers; useful for longer-term positioning but not direct catalysts by themselves. Read More.
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.
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