Retireful LLC Acquires New Position in Jack Henry & Associates, Inc. $JKHY

Retireful LLC acquired a new stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,076 shares of the technology company’s stock, valued at approximately $937,000. Jack Henry & Associates accounts for 1.2% of Retireful LLC’s holdings, making the stock its 25th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its holdings in shares of Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after acquiring an additional 195 shares in the last quarter. Quent Capital LLC acquired a new position in shares of Jack Henry & Associates in the third quarter worth $33,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Jack Henry & Associates during the second quarter worth $35,000. MUFG Securities EMEA plc purchased a new stake in shares of Jack Henry & Associates during the second quarter worth $39,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Jack Henry & Associates during the third quarter worth $44,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Stock Down 1.5%

JKHY stock opened at $155.63 on Thursday. The firm has a market cap of $11.23 billion, a PE ratio of 22.36, a PEG ratio of 2.38 and a beta of 0.71. Jack Henry & Associates, Inc. has a 1 year low of $144.12 and a 1 year high of $193.39. The company has a fifty day simple moving average of $166.50 and a 200 day simple moving average of $167.75. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.01.

Jack Henry & Associates (NASDAQ:JKHY) last posted its earnings results on Tuesday, February 3rd. The technology company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.43 by $0.29. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The firm had revenue of $611.18 million for the quarter, compared to the consensus estimate of $608.46 million. During the same period in the prior year, the business posted $1.34 earnings per share. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.61 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.6%. This is a positive change from Jack Henry & Associates’s previous quarterly dividend of $0.58. Jack Henry & Associates’s payout ratio is currently 35.06%.

Wall Street Analyst Weigh In

JKHY has been the topic of a number of recent research reports. Loop Capital initiated coverage on Jack Henry & Associates in a research note on Tuesday. They issued a “buy” rating and a $197.00 target price on the stock. Stephens raised Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a research note on Thursday, February 5th. Robert W. Baird upgraded Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 price target for the company in a report on Thursday, February 5th. Morgan Stanley boosted their price target on Jack Henry & Associates from $168.00 to $183.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Finally, Keefe, Bruyette & Woods raised Jack Henry & Associates from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $170.00 to $215.00 in a research note on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Jack Henry & Associates currently has an average rating of “Moderate Buy” and an average price target of $200.15.

Jack Henry & Associates Profile

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.