Healthcare of Ontario Pension Plan Trust Fund Acquires 137,979 Shares of Jack Henry & Associates, Inc. $JKHY

Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 4,787.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 140,861 shares of the technology company’s stock after buying an additional 137,979 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Jack Henry & Associates were worth $25,704,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC grew its stake in Jack Henry & Associates by 2,816.7% during the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock valued at $32,000 after acquiring an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Jack Henry & Associates during the second quarter valued at approximately $35,000. Caitong International Asset Management Co. Ltd grew its stake in Jack Henry & Associates by 3,900.0% during the third 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. MUFG Securities EMEA plc purchased a new position in Jack Henry & Associates during the second quarter valued at approximately $39,000. Finally, United Community Bank purchased a new position in Jack Henry & Associates during the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling

In other Jack Henry & Associates news, CFO Mimi Carsley acquired 375 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was bought at an average price of $134.12 per share, with a total value of $50,295.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gregory R. Adelson acquired 2,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $133.42 per share, with a total value of $266,840.00. Following the purchase, the chief executive officer directly owned 21,036 shares in the company, valued at $2,806,623.12. This represents a 10.51% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.60% of the stock is owned by insiders.

Jack Henry & Associates Price Performance

JKHY stock opened at $130.35 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74. Jack Henry & Associates, Inc. has a one year low of $124.63 and a one year high of $193.39. The stock has a market cap of $9.26 billion, a PE ratio of 18.23, a P/E/G ratio of 1.88 and a beta of 0.58. The firm has a 50 day simple moving average of $143.63 and a two-hundred day simple moving average of $163.47.

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

Jack Henry & Associates Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings cut shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. DA Davidson reaffirmed a “buy” rating and set a $198.00 price objective on shares of Jack Henry & Associates in a research note on Monday, May 11th. Royal Bank Of Canada reduced their price objective on shares of Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Loop Capital assumed coverage on shares of Jack Henry & Associates in a research note on Tuesday, March 31st. They set a “buy” rating and a $197.00 price objective for the company. Finally, Wells Fargo & Company raised shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $181.00 to $196.00 in a research note on Tuesday, February 17th. 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.08.

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.