Jack Henry & Associates, Inc. $JKHY Shares Acquired by Jacobson & Schmitt Advisors LLC

Jacobson & Schmitt Advisors LLC lifted its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,043 shares of the technology company’s stock after buying an additional 6,077 shares during the period. Jack Henry & Associates makes up 3.1% of Jacobson & Schmitt Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Jacobson & Schmitt Advisors LLC owned about 0.14% of Jack Henry & Associates worth $18,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd boosted its stake in Jack Henry & Associates by 3,900.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after acquiring an additional 195 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of Jack Henry & Associates during the third quarter worth about $33,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates during the second quarter worth about $35,000. MUFG Securities EMEA plc purchased a new stake in shares of Jack Henry & Associates in the 2nd quarter valued at about $39,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Jack Henry & Associates in the 3rd quarter valued at about $44,000. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on JKHY shares. UBS Group raised their price target on Jack Henry & Associates from $175.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Morgan Stanley increased their price objective on Jack Henry & Associates from $168.00 to $183.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. Royal Bank Of Canada upgraded shares of Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $185.00 to $210.00 in a research report on Tuesday, December 16th. Wolfe Research set a $220.00 target price on shares of Jack Henry & Associates and gave the company an “outperform” rating in a report on Thursday, January 8th. Finally, Weiss Ratings downgraded shares of Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $200.15.

Jack Henry & Associates Stock Performance

Shares of JKHY stock opened at $157.48 on Monday. The stock’s 50-day moving average price is $165.32 and its 200 day moving average price is $167.79. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $11.37 billion, a PE ratio of 22.63, a price-to-earnings-growth ratio of 2.36 and a beta of 0.72. Jack Henry & Associates, Inc. has a 52-week low of $144.12 and a 52-week high of $193.39.

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, topping analysts’ consensus estimates of $1.43 by $0.29. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The company had revenue of $611.18 million during the quarter, compared to analysts’ expectations of $608.46 million. During the same period last year, the firm earned $1.34 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. As a group, equities research analysts forecast that Jack Henry & Associates, Inc. will post 5.83 EPS for the current year.

Jack Henry & Associates Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Thursday, March 5th were issued a dividend of $0.61 per share. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.58. This represents a $2.44 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, March 5th. Jack Henry & Associates’s dividend payout ratio is 35.06%.

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.