Caxton Associates LLP Makes New Investment in Jack Henry & Associates, Inc. $JKHY

Caxton Associates LLP bought a new position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 4,478 shares of the technology company’s stock, valued at approximately $708,000.

Several other hedge funds have also added to or reduced their stakes in the business. State Street Corp increased its stake in shares of Jack Henry & Associates by 2.4% in the third quarter. State Street Corp now owns 4,103,290 shares of the technology company’s stock worth $611,103,000 after buying an additional 97,140 shares during the period. Invesco Ltd. raised its position in Jack Henry & Associates by 9.5% during the 3rd quarter. Invesco Ltd. now owns 1,800,777 shares of the technology company’s stock valued at $268,190,000 after purchasing an additional 155,616 shares during the last quarter. Wells Fargo & Company MN raised its position in Jack Henry & Associates by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,415,221 shares of the technology company’s stock valued at $258,250,000 after purchasing an additional 66,633 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Jack Henry & Associates by 160.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,350,393 shares of the technology company’s stock valued at $246,420,000 after buying an additional 831,372 shares during the period. Finally, Mackenzie Financial Corp raised its holdings in shares of Jack Henry & Associates by 4.0% during the fourth quarter. Mackenzie Financial Corp now owns 973,760 shares of the technology company’s stock valued at $179,354,000 after acquiring an additional 37,814 shares in the last quarter. 98.75% of the stock is owned by institutional investors.

Jack Henry & Associates Stock Up 1.6%

Shares of Jack Henry & Associates stock opened at $152.98 on Tuesday. Jack Henry & Associates, Inc. has a twelve month low of $121.04 and a twelve month high of $193.39. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. The company’s 50 day moving average is $138.61 and its 200 day moving average is $154.88. The company has a market cap of $10.87 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 2.12 and a beta of 0.57.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.28. The firm had revenue of $615.93 million for the quarter, compared to analysts’ expectations of $619.67 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.52 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Research analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 EPS for the current year.

Jack Henry & Associates Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were given a dividend of $0.61 per share. The ex-dividend date was Monday, June 1st. This represents a $2.44 annualized dividend and a dividend yield of 1.6%. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 34.13%.

Analyst Ratings Changes

JKHY has been the subject of several research analyst reports. Royal Bank Of Canada dropped their target price on shares of Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. UBS Group set a $165.00 price target on shares of Jack Henry & Associates in a research note on Thursday, May 7th. Loop Capital began coverage on shares of Jack Henry & Associates in a report on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price objective for the company. Barclays assumed coverage on Jack Henry & Associates in a research report on Tuesday, July 7th. They set an “overweight” rating and a $170.00 price objective on the stock. Finally, DA Davidson reissued a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a research report on Monday, May 11th. Two equities research analysts have 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $186.07.

Insider Activity at Jack Henry & Associates

In related news, CFO Mimi Carsley acquired 375 shares of Jack Henry & Associates stock in a transaction dated Thursday, May 14th. The shares were purchased at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the completion of the transaction, the chief financial officer directly owned 6,007 shares in the company, valued at approximately $805,658.84. This represents a 6.66% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gregory R. Adelson bought 2,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were purchased at an average price of $133.42 per share, with a total value of $266,840.00. Following the completion of the transaction, the chief executive officer directly owned 21,036 shares in the company, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.60% of the stock is currently owned by company insiders.

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.