Blair William & Co. IL Acquires 379 Shares of Jack Henry & Associates, Inc. $JKHY

Blair William & Co. IL boosted its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 14.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,018 shares of the technology company’s stock after buying an additional 379 shares during the period. Blair William & Co. IL’s holdings in Jack Henry & Associates were worth $544,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Summit Securities Group LLC bought a new position in Jack Henry & Associates in the 1st quarter worth approximately $26,000. Cullen Frost Bankers Inc. bought a new position in Jack Henry & Associates in the 1st quarter worth approximately $38,000. Assetmark Inc. increased its position 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 buying an additional 149 shares during the period. National Pension Service increased its position 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 buying an additional 115 shares during the period. Finally, Steph & Co. bought a new position in Jack Henry & Associates in the 2nd quarter worth approximately $51,000. 98.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on JKHY shares. The Goldman Sachs Group decreased their price objective on Jack Henry & Associates from $173.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, October 13th. Royal Bank Of Canada decreased their price objective on Jack Henry & Associates from $203.00 to $185.00 and set a “sector perform” rating on the stock in a report on Thursday, August 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Jack Henry & Associates in a report on Wednesday, October 8th. Robert W. Baird set a $172.00 price objective on Jack Henry & Associates in a report on Friday. Finally, Keefe, Bruyette & Woods decreased their price objective on Jack Henry & Associates from $178.00 to $170.00 and set a “market perform” rating on the stock in a report on Wednesday, October 1st. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $173.25.

Insider Buying and Selling at Jack Henry & Associates

In other news, Director David B. Foss sold 5,780 shares of the business’s stock in a transaction on 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 $23,296,249.20. The trade was a 3.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by insiders.

Jack Henry & Associates Stock Performance

Jack Henry & Associates stock opened at $152.93 on Friday. The firm has a market cap of $11.11 billion, a P/E ratio of 24.51, a P/E/G ratio of 2.77 and a beta of 0.78. The business’s fifty day moving average is $156.63 and its two-hundred day moving average is $169.77. Jack Henry & Associates, Inc. has a 52 week low of $144.12 and a 52 week high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, August 19th. The technology company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.25. The company had revenue of $615.37 million for the quarter, compared to analyst estimates of $602.20 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 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.33 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at EPS. On average, equities research analysts predict that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

The company also recently announced 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. The ex-dividend date was Friday, September 5th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.5%. Jack Henry & Associates’s payout ratio is presently 37.18%.

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.