Jack Henry & Associates, Inc. $JKHY Holdings Trimmed by Dearborn Partners LLC

Dearborn Partners LLC trimmed its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 102,663 shares of the technology company’s stock after selling 3,853 shares during the period. Dearborn Partners LLC’s holdings in Jack Henry & Associates were worth $18,734,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisory Services Network LLC grew its position in Jack Henry & Associates by 2.6% during the 2nd quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company’s stock worth $466,000 after purchasing an additional 69 shares in the last quarter. DNB Asset Management AS grew its holdings in shares of Jack Henry & Associates by 0.6% during the 4th quarter. DNB Asset Management AS now owns 13,261 shares of the technology company’s stock valued at $2,420,000 after acquiring an additional 76 shares in the last quarter. Huntington National Bank grew its holdings in shares of Jack Henry & Associates by 14.5% during the 3rd quarter. Huntington National Bank now owns 615 shares of the technology company’s stock valued at $92,000 after acquiring an additional 78 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of Jack Henry & Associates by 4.0% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,012 shares of the technology company’s stock valued at $367,000 after acquiring an additional 78 shares in the last quarter. Finally, Tidal Investments LLC grew its holdings in shares of Jack Henry & Associates by 0.4% during the 2nd quarter. Tidal Investments LLC now owns 19,435 shares of the technology company’s stock valued at $3,502,000 after acquiring an additional 79 shares in the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Mimi Carsley acquired 375 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $134.12 per share, with a total value 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 $805,658.84. This represents a 6.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gregory R. Adelson acquired 2,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the completion of the purchase, the chief executive officer directly owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.60% of the stock is currently owned by corporate insiders.

Jack Henry & Associates Stock Down 0.5%

Shares of JKHY opened at $130.11 on Friday. Jack Henry & Associates, Inc. has a 52 week low of $129.25 and a 52 week high of $193.39. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. The firm has a market capitalization of $9.24 billion, a P/E ratio of 18.20, a P/E/G ratio of 1.90 and a beta of 0.58. The company has a 50-day simple moving average of $147.08 and a 200-day simple moving average of $165.20.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.28. The firm had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities research analysts expect that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current year.

Jack Henry & Associates Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st. Jack Henry & Associates’s dividend payout ratio is currently 34.13%.

Wall Street Analysts Forecast Growth

JKHY has been the topic of several research analyst reports. Weiss Ratings cut shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Wells Fargo & Company raised shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $181.00 to $196.00 in a research report on Tuesday, February 17th. The Goldman Sachs Group cut their target price on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Royal Bank Of Canada cut their target price on shares of Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Finally, DA Davidson reissued a “buy” rating and set a $198.00 target price on shares of Jack Henry & Associates in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $192.08.

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.