Boston Trust Walden Corp lessened its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 345,020 shares of the technology company’s stock after selling 8,707 shares during the period. Boston Trust Walden Corp’s holdings in Jack Henry & Associates were worth $49,421,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Dai ichi Life Insurance Company Ltd lifted its position in Jack Henry & Associates by 231.1% in the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 21,102 shares of the technology company’s stock valued at $3,335,000 after acquiring an additional 14,728 shares in the last quarter. VELA Investment Management LLC boosted its stake in Jack Henry & Associates by 77.4% during the 2nd quarter. VELA Investment Management LLC now owns 65,260 shares of the technology company’s stock valued at $8,989,000 after purchasing an additional 28,474 shares during the last quarter. Epoch Investment Partners Inc. boosted its stake in Jack Henry & Associates by 82.4% during the 1st quarter. Epoch Investment Partners Inc. now owns 681,587 shares of the technology company’s stock valued at $107,718,000 after purchasing an additional 307,886 shares during the last quarter. Morningstar Investment Management LLC increased its holdings in shares of Jack Henry & Associates by 115.5% in the 1st quarter. Morningstar Investment Management LLC now owns 20,175 shares of the technology company’s stock worth $3,188,000 after purchasing an additional 10,815 shares in the last quarter. Finally, Amundi increased its holdings in shares of Jack Henry & Associates by 80.5% in the 1st quarter. Amundi now owns 626,837 shares of the technology company’s stock worth $99,065,000 after purchasing an additional 279,466 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.
More Jack Henry & Associates News
Here are the key news stories impacting Jack Henry & Associates this week:
- Positive Sentiment: Jack Henry raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51 and is targeting 58–65 new core-system wins. The higher earnings forecast and sales target suggest management is confident in growth prospects. Article: Jack Henry raises FY2027 GAAP EPS view
- Positive Sentiment: In fiscal Q1 2027, EPS was $2.28, ahead of analyst estimates of roughly $2.03–$2.07 and up from $1.97 a year earlier. Revenue grew 8.8% year over year, while operating income also increased, supporting the view that the business is growing profitably. Article: Jack Henry reports first-quarter fiscal 2027 results
- Neutral Sentiment: Some coverage questioned whether the strong quarter makes JKHY attractive at its current valuation, suggesting the earnings beat and guidance raise may already be reflected in the stock. Article: Jack Henry & Associates’ Strong Showing Isn’t A Reason To Hop On Board
Analyst Ratings Changes
JKHY has been the subject of several recent analyst reports. Stephens initiated coverage on Jack Henry & Associates in a research note on Tuesday, August 11th. They issued an “overweight” rating and a $200.00 price target for the company. Wolfe Research lifted their price objective on Jack Henry & Associates from $200.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Bank of America initiated coverage on Jack Henry & Associates in a report on Thursday, October 15th. They issued a “neutral” rating and a $165.00 price objective for the company. Barclays upped their target price on shares of Jack Henry & Associates from $170.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. Finally, UBS Group restated a “neutral” rating on shares of Jack Henry & Associates in a research note on Wednesday, September 16th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $190.00.
Get Our Latest Stock Report on Jack Henry & Associates
Jack Henry & Associates Stock Up 10.8%
JKHY stock opened at $179.16 on Thursday. The company has a market cap of $12.56 billion, a price-to-earnings ratio of 24.61, a P/E/G ratio of 2.00 and a beta of 0.55. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.17 and a current ratio of 1.17. The business’s 50-day moving average is $156.74 and its two-hundred day moving average is $154.53. Jack Henry & Associates, Inc. has a fifty-two week low of $121.04 and a fifty-two week high of $193.39.
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 EPS for the quarter, beating the consensus estimate of $2.07 by $0.21. Jack Henry & Associates had a net margin of 19.96% and a return on equity of 24.38%. The firm had revenue of $682.18 million during the quarter, compared to analyst estimates of $685.54 million. During the same quarter in the prior year, the firm earned $1.97 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. As a group, analysts forecast that Jack Henry & Associates, Inc. will post 7.30 earnings per share for the current year.
Jack Henry & Associates Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Monday, September 7th were issued a $0.61 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.4%. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 35.01%.
About Jack Henry & Associates
Jack Henry & Associates, Inc is a financial technology company that provides software, payment solutions and technology services to banks and credit unions. Its offerings are designed to support core banking operations, digital banking, account management, lending, payments, fraud prevention and other financial institution functions.
The company serves community and regional banks, credit unions and other financial services organizations in the United States. Its products are delivered through integrated platforms and services intended to help financial institutions manage daily operations, improve customer and member experiences, and connect with third-party financial technology providers.
Founded in 1976 and headquartered in Monett, Missouri, Jack Henry has expanded through internal development and acquisitions, including the 2004 acquisition of Symitar, a provider of core processing and related technology for credit unions.
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