Jack Henry & Associates (NASDAQ:JKHY) Posts Earnings Results

Jack Henry & Associates (NASDAQ:JKHY) posted its quarterly earnings results on Tuesday. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.33, Zacks reports. The business had revenue of $644.74 million during the quarter, compared to analyst estimates of $634.42 million. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The business’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.63 earnings per share. Jack Henry & Associates updated its FY 2026 guidance to 6.380-6.490 EPS.

Jack Henry & Associates Price Performance

Shares of Jack Henry & Associates stock traded up $2.52 on Thursday, hitting $162.35. The company had a trading volume of 658,772 shares, compared to its average volume of 738,150. The company has a market cap of $11.80 billion, a PE ratio of 26.05, a PEG ratio of 2.74 and a beta of 0.76. Jack Henry & Associates has a 52 week low of $144.12 and a 52 week high of $196.00. The business has a 50-day simple moving average of $154.64 and a 200-day simple moving average of $168.07.

Jack Henry & Associates Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 5th were issued a $0.58 dividend. The ex-dividend date was Friday, September 5th. This represents a $2.32 annualized dividend and a dividend yield of 1.4%. Jack Henry & Associates’s dividend payout ratio (DPR) is 35.26%.

Institutional Trading of Jack Henry & Associates

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. CYBER HORNET ETFs LLC acquired a new position in Jack Henry & Associates in the second quarter valued at about $35,000. MUFG Securities EMEA plc acquired a new position in Jack Henry & Associates during the second quarter worth $39,000. Geneos Wealth Management Inc. lifted its stake in Jack Henry & Associates by 186.4% in the first quarter. Geneos Wealth Management Inc. now owns 378 shares of the technology company’s stock valued at $69,000 after acquiring an additional 246 shares during the last quarter. State of Wyoming lifted its stake in shares of Jack Henry & Associates by 22.4% during the 2nd quarter. State of Wyoming now owns 1,360 shares of the technology company’s stock worth $245,000 after buying an additional 249 shares during the last quarter. Finally, Focus Partners Wealth increased its position in Jack Henry & Associates by 15.1% during the first quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock worth $253,000 after acquiring an additional 182 shares during the period. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

JKHY has been the topic of several analyst reports. DA Davidson reduced their price objective on Jack Henry & Associates from $204.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, October 29th. Compass Point raised Jack Henry & Associates from a “neutral” rating to a “buy” rating and raised their price target for the stock from $179.00 to $187.00 in a report on Thursday. Wells Fargo & Company lifted their price objective on Jack Henry & Associates from $161.00 to $164.00 and gave the stock an “equal weight” rating in a research report on Thursday. Robert W. Baird set a $172.00 price target on Jack Henry & Associates in a report on Friday, October 17th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Jack Henry & Associates from $178.00 to $170.00 and set a “market perform” rating for the company in a research report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $174.75.

About Jack Henry & Associates

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.