American Century Companies Inc. Raises Position in Pathward Financial, Inc. $CASH

American Century Companies Inc. boosted its holdings in Pathward Financial, Inc. (NASDAQ:CASHFree Report) by 44.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,049,836 shares of the savings and loans company’s stock after purchasing an additional 323,785 shares during the period. American Century Companies Inc. owned approximately 4.61% of Pathward Financial worth $77,698,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CASH. Quantbot Technologies LP grew its stake in shares of Pathward Financial by 150.9% during the third quarter. Quantbot Technologies LP now owns 23,448 shares of the savings and loans company’s stock valued at $1,735,000 after buying an additional 14,101 shares during the last quarter. Neumeier Poma Investment Counsel LLC boosted its holdings in 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 valued at $25,799,000 after acquiring an additional 133,455 shares during the period. US Bancorp DE grew its position in Pathward Financial by 7.0% during the 3rd quarter. US Bancorp DE now owns 4,589 shares of the savings and loans company’s stock worth $340,000 after acquiring an additional 301 shares during the last quarter. AXQ Capital LP bought a new position in Pathward Financial during the 3rd quarter worth approximately $369,000. Finally, denkapparat Operations GmbH purchased a new position in Pathward Financial in the 3rd quarter worth approximately $219,000. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CASH shares. Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research note on Friday, January 23rd. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Finally, Wall Street Zen cut shares of Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $97.00.

Read Our Latest Report on Pathward Financial

Pathward Financial Stock Performance

Shares of CASH stock opened at $91.49 on Wednesday. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 11.18 and a beta of 0.74. The stock has a fifty day moving average of $83.79 and a 200 day moving average of $77.06. Pathward Financial, Inc. has a 52 week low of $64.45 and a 52 week high of $96.06. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 0.04.

Pathward Financial (NASDAQ:CASHGet Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share (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 business had revenue of $173.10 million for the quarter, compared to the consensus estimate of $185.80 million. During the same period in the previous year, the firm earned $1.29 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, research analysts expect that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

Pathward Financial Announces Dividend

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

Insider Transactions at Pathward Financial

In other Pathward Financial news, CEO Brett L. Pharr sold 15,641 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $93.88, for a total value of $1,468,377.08. Following the completion of the sale, the chief executive officer directly owned 78,261 shares in the company, valued at $7,347,142.68. This trade represents a 16.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.43% of the stock is currently owned by insiders.

Pathward Financial Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Pathward Financial (NASDAQ:CASH)

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