Pathward Financial, Inc. $CASH Position Increased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its position in Pathward Financial, Inc. (NASDAQ:CASH) by 19.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,673 shares of the savings and loans company’s stock after purchasing an additional 26,446 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.71% of Pathward Financial worth $11,476,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Seros Financial LLC acquired a new stake in shares of Pathward Financial in the third quarter worth about $481,003,000. Revolve Wealth Partners LLC bought a new position in shares of Pathward Financial in the fourth quarter valued at approximately $267,437,000. Vanguard Group Inc. lifted its stake in shares of Pathward Financial by 0.8% in the third quarter. Vanguard Group Inc. now owns 1,857,345 shares of the savings and loans company’s stock worth $137,462,000 after buying an additional 14,130 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Pathward Financial by 44.6% during the 3rd quarter. American Century Companies Inc. now owns 1,049,836 shares of the savings and loans company’s stock worth $77,698,000 after buying an additional 323,785 shares during the period. Finally, Neumeier Poma Investment Counsel LLC boosted its holdings in shares of Pathward Financial by 62.0% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 348,590 shares of the savings and loans company’s stock worth $25,799,000 after buying an additional 133,455 shares during the period. 92.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CASH. Piper Sandler assumed coverage on shares of Pathward Financial in a research report on Thursday, March 12th. They set an “overweight” rating and a $107.00 target price for the company. Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research report on Friday, January 23rd. Weiss Ratings upgraded Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Finally, Wall Street Zen cut Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $103.50.

Insider Buying and Selling

In other news, CEO Brett L. Pharr sold 15,641 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the completion of the transaction, the chief executive officer directly owned 78,261 shares in the company, valued at approximately $7,347,142.68. The trade was a 16.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.43% of the company’s stock.

Pathward Financial Stock Performance

CASH stock opened at $90.00 on Monday. Pathward Financial, Inc. has a 1-year low of $64.45 and a 1-year high of $96.06. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $90.81 and its 200-day moving average is $79.12. The firm has a market cap of $1.96 billion, a P/E ratio of 11.00 and a beta of 0.74.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The firm had revenue of $173.10 million for the quarter, compared to analyst estimates of $185.80 million. During the same period in the previous year, the business earned $1.29 earnings per share. The company’s revenue for the quarter was down .2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Equities analysts anticipate that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.

Pathward Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Thursday, March 12th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Pathward Financial’s payout ratio is 2.44%.

About Pathward Financial

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.