Metis Global Partners LLC Has $470,000 Position in Jack Henry & Associates, Inc. $JKHY

Metis Global Partners LLC trimmed its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 10.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,609 shares of the technology company’s stock after selling 313 shares during the quarter. Metis Global Partners LLC’s holdings in Jack Henry & Associates were worth $470,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cerity Partners LLC increased its position in Jack Henry & Associates by 35.6% in the 1st quarter. Cerity Partners LLC now owns 10,701 shares of the technology company’s stock valued at $1,954,000 after acquiring an additional 2,810 shares during the period. Ballentine Partners LLC lifted its position in shares of Jack Henry & Associates by 45.4% in the 1st quarter. Ballentine Partners LLC now owns 1,671 shares of the technology company’s stock worth $305,000 after purchasing an additional 522 shares during the period. Signaturefd LLC boosted its position in Jack Henry & Associates by 15.8% during the first quarter. Signaturefd LLC now owns 1,785 shares of the technology company’s stock valued at $326,000 after acquiring an additional 244 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of Jack Henry & Associates by 20.5% during the 1st quarter. Apollon Wealth Management LLC now owns 3,789 shares of the technology company’s stock valued at $692,000 after purchasing an additional 645 shares in the last quarter. Finally, Bridgewater Advisors Inc. acquired a new stake in shares of Jack Henry & Associates during the 1st quarter worth approximately $632,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Stock Up 0.9%

NASDAQ JKHY opened at $167.17 on Thursday. The company has a market capitalization of $12.15 billion, a price-to-earnings ratio of 26.79, a PEG ratio of 2.74 and a beta of 0.76. Jack Henry & Associates, Inc. has a twelve month low of $144.12 and a twelve month high of $196.00. The stock’s 50-day simple moving average is $154.80 and its two-hundred day simple moving average is $167.80.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, November 4th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.33. The business had revenue of $636.11 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%.Jack Henry & Associates’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.63 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. On average, equities analysts expect that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on JKHY. Wall Street Zen downgraded Jack Henry & Associates from a “buy” rating to a “hold” rating in a research note on Sunday. UBS Group cut their price objective on Jack Henry & Associates from $185.00 to $175.00 and set a “neutral” rating on the stock in a research report on Thursday, August 21st. Weiss Ratings restated a “hold (c)” rating on shares of Jack Henry & Associates in a research report on Wednesday, October 8th. Compass Point raised Jack Henry & Associates from a “neutral” rating to a “buy” rating and increased their price objective for the company from $179.00 to $187.00 in a report on Thursday, November 6th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Jack Henry & Associates from $178.00 to $170.00 and set a “market perform” rating for the company in a research note on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $177.25.

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.