Gator Capital Management LLC Takes $619,000 Position in Pathward Financial, Inc. $CASH

Gator Capital Management LLC acquired a new position in shares of Pathward Financial, Inc. (NASDAQ:CASH) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 8,369 shares of the savings and loans company’s stock, valued at approximately $619,000.

Several other hedge funds have also modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in Pathward Financial by 43,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after purchasing an additional 432 shares during the period. State of Wyoming purchased a new position in Pathward Financial during the second quarter worth approximately $46,000. PNC Financial Services Group Inc. boosted its holdings in shares of Pathward Financial by 10.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,281 shares of the savings and loans company’s stock valued at $169,000 after purchasing an additional 218 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. boosted its holdings in shares of Pathward Financial by 30.5% in the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 2,551 shares of the savings and loans company’s stock valued at $189,000 after purchasing an additional 596 shares during the last quarter. Finally, Profund Advisors LLC purchased a new stake in shares of Pathward Financial during the 2nd quarter valued at $210,000. 92.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on CASH. Keefe, Bruyette & Woods upgraded Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a report on Friday, January 23rd. Piper Sandler started coverage on Pathward Financial in a research report on Thursday. They set an “overweight” rating and a $107.00 price target for the company. Weiss Ratings upgraded Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Finally, Wall Street Zen downgraded Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Pathward Financial has a consensus rating of “Buy” and a consensus price target of $103.50.

Pathward Financial Price Performance

CASH opened at $89.81 on Friday. Pathward Financial, Inc. has a 52-week low of $64.45 and a 52-week high of $96.06. The company has a 50 day moving average of $86.23 and a two-hundred day moving average of $77.73. The company has a market cap of $1.95 billion, a P/E ratio of 10.98 and a beta of 0.74. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 0.04.

Pathward Financial (NASDAQ:CASH) last issued its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. The business had revenue of $173.10 million for the quarter, compared to the consensus estimate of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, analysts expect that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

Pathward Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.20 annualized dividend and a yield of 0.2%. Pathward Financial’s dividend payout ratio (DPR) is 2.44%.

Insider Activity at Pathward Financial

In other Pathward Financial news, CEO Brett L. Pharr sold 15,641 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the transaction, the chief executive officer owned 78,261 shares in the company, valued at $7,347,142.68. The trade was a 16.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.43% of the stock is currently owned by corporate insiders.

Pathward Financial Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.