Inceptionr LLC Buys Shares of 4,692 Jack Henry & Associates, Inc. $JKHY

Inceptionr LLC bought a new position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 4,692 shares of the technology company’s stock, valued at approximately $742,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Caitong International Asset Management Co. Ltd increased its holdings in shares of Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after purchasing an additional 195 shares in the last quarter. Larson Financial Group LLC boosted its holdings 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 worth $32,000 after buying an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Jack Henry & Associates during the second quarter worth about $35,000. SJS Investment Consulting Inc. grew its position in Jack Henry & Associates by 3,933.3% during the first quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock worth $38,000 after buying an additional 236 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in Jack Henry & Associates during the second quarter worth about $39,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Jack Henry & Associates Stock Up 1.6%

Shares of NASDAQ:JKHY opened at $150.58 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $10.70 billion, a P/E ratio of 21.06, a P/E/G ratio of 2.08 and a beta of 0.57. Jack Henry & Associates, Inc. has a 52-week low of $121.04 and a 52-week high of $193.39. The stock’s fifty day simple moving average is $138.34 and its 200-day simple moving average is $155.29.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data 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 return on equity of 24.03% and a net margin of 20.64%.The firm had revenue of $615.93 million during the quarter, compared to analysts’ expectations of $619.67 million. During the same quarter last year, the business posted $1.52 EPS. The firm’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. As a group, equities research analysts forecast that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Monday, June 1st were paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 34.13%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on JKHY. The Goldman Sachs Group dropped 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 report on Thursday, May 7th. Barclays began coverage on Jack Henry & Associates in a research note on Tuesday, July 7th. They set an “overweight” rating and a $170.00 price target on the stock. Royal Bank Of Canada lowered their price target on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating on the stock in a report on Thursday, June 18th. Weiss Ratings cut Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Finally, Wolfe Research set a $165.00 price objective on Jack Henry & Associates in a report on Monday, June 29th. Two research analysts have 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 MarketBeat.com, Jack Henry & Associates has an average rating of “Moderate Buy” and an average target price of $186.07.

Insider Activity

In other news, 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 price of $133.42 per share, with a total value of $266,840.00. Following the completion of the transaction, the chief executive officer directly owned 21,036 shares in the company, valued at approximately $2,806,623.12. This represents a 10.51% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Mimi Carsley acquired 375 shares of Jack Henry & Associates stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average cost of $134.12 per share, for a total transaction of $50,295.00. Following the purchase, the chief financial officer directly owned 6,007 shares of the company’s stock, valued at approximately $805,658.84. This trade represents a 6.66% increase in their position. The SEC filing for this purchase provides additional information. 0.60% of the stock is owned by company insiders.

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.