Callan Family Office LLC Increases Holdings in Jack Henry & Associates, Inc. $JKHY

Callan Family Office LLC grew its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 941.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,046 shares of the technology company’s stock after purchasing an additional 19,930 shares during the quarter. Callan Family Office LLC’s holdings in Jack Henry & Associates were worth $3,972,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in JKHY. Summit Securities Group LLC purchased a new stake in Jack Henry & Associates in the 1st quarter worth about $26,000. Cullen Frost Bankers Inc. purchased a new stake in Jack Henry & Associates in the 1st quarter worth about $38,000. Assetmark Inc. increased its holdings in Jack Henry & Associates by 147.5% in the 1st quarter. Assetmark Inc. now owns 250 shares of the technology company’s stock worth $46,000 after acquiring an additional 149 shares during the last quarter. National Pension Service increased its holdings in Jack Henry & Associates by 75.2% in the 1st quarter. National Pension Service now owns 268 shares of the technology company’s stock worth $49,000 after acquiring an additional 115 shares during the last quarter. Finally, Steph & Co. purchased a new stake in Jack Henry & Associates in the 2nd quarter worth about $51,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on JKHY shares. Wall Street Zen lowered Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank Of Canada cut their target price on Jack Henry & Associates from $203.00 to $185.00 and set a “sector perform” rating for the company in a research note on Thursday, August 21st. Robert W. Baird cut their target price on Jack Henry & Associates from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Wednesday, August 20th. UBS Group cut their target price on Jack Henry & Associates from $185.00 to $175.00 and set a “neutral” rating for the company in a research note on Thursday, August 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Jack Henry & Associates in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $178.38.

Insider Activity

In other news, Director David B. Foss sold 5,780 shares of Jack Henry & Associates stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $167.28, for a total transaction of $966,878.40. Following the completion of the sale, the director owned 139,265 shares in the company, valued at approximately $23,296,249.20. This trade represents a 3.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.60% of the company’s stock.

Jack Henry & Associates Trading Up 1.5%

Shares of JKHY opened at $151.54 on Friday. The company has a market cap of $11.01 billion, a PE ratio of 24.29, a price-to-earnings-growth ratio of 2.67 and a beta of 0.78. The stock has a 50-day moving average price of $157.87 and a 200-day moving average price of $170.72. Jack Henry & Associates, Inc. has a 12-month low of $144.12 and a 12-month high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings results on Tuesday, August 19th. The technology company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.25. The firm had revenue of $615.37 million during the quarter, compared to the consensus estimate of $602.20 million. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The company’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last year, the company posted $1.33 EPS. Jack Henry & Associates has set its FY 2026 guidance at EPS. As a group, analysts predict that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 5th were given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, September 5th. Jack Henry & Associates’s dividend payout ratio (DPR) is 37.18%.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.