Willis Investment Counsel Grows Stock Holdings in Jack Henry & Associates, Inc. $JKHY

Willis Investment Counsel grew its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 201.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,611 shares of the technology company’s stock after acquiring an additional 11,764 shares during the period. Willis Investment Counsel’s holdings in Jack Henry & Associates were worth $3,214,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in JKHY. Integrated Wealth Concepts LLC boosted its holdings in shares of Jack Henry & Associates by 21.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock valued at $384,000 after acquiring an additional 367 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Jack Henry & Associates by 8.8% in the 1st quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock valued at $1,312,000 after acquiring an additional 584 shares during the last quarter. Woodline Partners LP boosted its holdings in shares of Jack Henry & Associates by 40.6% in the 1st quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock valued at $1,125,000 after acquiring an additional 1,778 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Jack Henry & Associates in the 1st quarter valued at $9,430,000. Finally, Focus Partners Wealth boosted its holdings in shares of Jack Henry & Associates by 15.1% in the 1st quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock valued at $253,000 after acquiring an additional 182 shares during the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Jack Henry & Associates Stock Performance

Shares of NASDAQ JKHY opened at $157.98 on Thursday. The company’s fifty day moving average price is $163.97 and its 200 day moving average price is $167.79. Jack Henry & Associates, Inc. has a 1 year low of $144.12 and a 1 year high of $193.39. The company has a market capitalization of $11.40 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 2.36 and a beta of 0.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.60 and a current ratio of 1.60.

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

Jack Henry & Associates Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Thursday, March 5th were given a dividend of $0.61 per share. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.58. This represents a $2.44 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, March 5th. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 35.06%.

Analyst Upgrades and Downgrades

JKHY has been the topic of a number of recent analyst reports. Stephens raised shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price target on the stock in a report on Thursday, February 5th. UBS Group increased their price target on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Loop Capital initiated coverage on shares of Jack Henry & Associates in a report on Tuesday, March 31st. They set a “buy” rating and a $197.00 price target on the stock. Wolfe Research set a $220.00 price target on shares of Jack Henry & Associates and gave the stock an “outperform” rating in a report on Thursday, January 8th. Finally, Weiss Ratings downgraded shares of Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $200.15.

Jack Henry & Associates Company 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.