Securian Asset Management Inc. Sells 100 Shares of Jack Henry & Associates, Inc. $JKHY

Securian Asset Management Inc. trimmed its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 2.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,726 shares of the technology company’s stock after selling 100 shares during the period. Securian Asset Management Inc.’s holdings in Jack Henry & Associates were worth $671,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JKHY. GAMMA Investing LLC grew its stake in Jack Henry & Associates by 9.7% in the 1st quarter. GAMMA Investing LLC now owns 2,559 shares of the technology company’s stock worth $467,000 after acquiring an additional 227 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Jack Henry & Associates by 8.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,824 shares of the technology company’s stock worth $1,976,000 after acquiring an additional 860 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Jack Henry & Associates by 4.4% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 9,012 shares of the technology company’s stock worth $1,646,000 after acquiring an additional 381 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in Jack Henry & Associates by 1.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 12,827 shares of the technology company’s stock worth $2,342,000 after acquiring an additional 125 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its stake in Jack Henry & Associates by 11.4% in the 1st quarter. Asset Management One Co. Ltd. now owns 31,725 shares of the technology company’s stock worth $5,793,000 after acquiring an additional 3,237 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director David B. Foss sold 5,780 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were 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 of the company’s stock, valued at $23,296,249.20. This represents a 3.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is owned by insiders.

Jack Henry & Associates Stock Performance

Shares of JKHY opened at $155.83 on Friday. The company has a 50 day moving average price of $156.21 and a 200-day moving average price of $169.12. Jack Henry & Associates, Inc. has a fifty-two week low of $144.12 and a fifty-two week high of $196.00. The stock has a market capitalization of $11.32 billion, a PE ratio of 24.97, a PEG ratio of 2.82 and a beta of 0.78.

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

Jack Henry & Associates Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on JKHY shares. Wall Street Zen downgraded shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. UBS Group dropped their target price on shares of Jack Henry & Associates from $185.00 to $175.00 and set a “neutral” rating on the stock in a research note on Thursday, August 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jack Henry & Associates in a research report on Wednesday, October 8th. Wells Fargo & Company raised shares of Jack Henry & Associates to a “hold” rating in a research report on Wednesday. Finally, The Goldman Sachs Group lowered their price target on shares of Jack Henry & Associates from $173.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, October 13th. Two investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $174.00.

Jack Henry & Associates 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.