Candriam S.C.A. acquired a new position in Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,312 shares of the technology company’s stock, valued at approximately $1,788,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JKHY. Equitable Trust Co. bought a new stake in Jack Henry & Associates in the first quarter worth approximately $549,000. Resona Asset Management Co. Ltd. raised its holdings in shares of Jack Henry & Associates by 1.4% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 29,900 shares of the technology company’s stock valued at $4,719,000 after purchasing an additional 424 shares in the last quarter. Isthmus Partners LLC bought a new position in shares of Jack Henry & Associates during the 1st quarter valued at $398,000. Quantum Portfolio Management LLC acquired a new stake in shares of Jack Henry & Associates in the 1st quarter valued at $207,000. Finally, United Asset Strategies Inc. lifted its stake in shares of Jack Henry & Associates by 5.1% in the 1st quarter. United Asset Strategies Inc. now owns 27,528 shares of the technology company’s stock valued at $4,351,000 after purchasing an additional 1,327 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.
Insider Activity
In other Jack Henry & Associates news, CFO Mimi Carsley acquired 375 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $134.12 per share, for a total transaction of $50,295.00. Following the completion of the purchase, the chief financial officer owned 6,007 shares of the company’s stock, valued at approximately $805,658.84. This trade represents a 6.66% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Gregory R. Adelson acquired 2,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $133.42 per share, with a total value of $266,840.00. Following the transaction, the chief executive officer directly owned 21,036 shares in the company, valued at $2,806,623.12. The trade was a 10.51% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.60% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Analysis on JKHY
Jack Henry & Associates Price Performance
NASDAQ JKHY opened at $145.37 on Wednesday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $137.02 and a 200 day simple moving average of $156.98. The company has a market cap of $10.33 billion, a P/E ratio of 20.33, a P/E/G ratio of 2.12 and a beta of 0.57. Jack Henry & Associates, Inc. has a 1 year low of $121.04 and a 1 year high of $193.39.
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last announced its earnings results on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.43 by $0.28. The firm had revenue of $615.93 million for the quarter, compared to the consensus estimate of $619.67 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.52 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, sell-side analysts predict that Jack Henry & Associates, Inc. will post 6.84 EPS for the current year.
Jack Henry & Associates Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Monday, June 1st were given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 34.13%.
About Jack Henry & Associates
Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.
The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.
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