Conestoga Capital Advisors LLC Sells 60,650 Shares of Jack Henry & Associates, Inc. $JKHY

Conestoga Capital Advisors LLC trimmed its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 30.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,186 shares of the technology company’s stock after selling 60,650 shares during the quarter. Conestoga Capital Advisors LLC owned 0.20% of Jack Henry & Associates worth $20,080,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JKHY. Van ECK Associates Corp grew its holdings in shares of Jack Henry & Associates by 1,918.2% in the second quarter. Van ECK Associates Corp now owns 1,308,353 shares of the technology company’s stock worth $180,213,000 after purchasing an additional 1,243,526 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Jack Henry & Associates by 13,343.0% during the 1st quarter. Janus Henderson Group PLC now owns 1,078,398 shares of the technology company’s stock valued at $170,430,000 after buying an additional 1,070,376 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Jack Henry & Associates by 13.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 752,025 shares of the technology company’s stock valued at $118,842,000 after buying an additional 86,810 shares in the last quarter. First Trust Advisors LP boosted its position in Jack Henry & Associates by 33.8% in the 1st quarter. First Trust Advisors LP now owns 734,298 shares of the technology company’s stock valued at $116,048,000 after buying an additional 185,465 shares during the period. Finally, Epoch Investment Partners Inc. boosted its position in Jack Henry & Associates by 82.4% in the 1st quarter. Epoch Investment Partners Inc. now owns 681,587 shares of the technology company’s stock valued at $107,718,000 after buying an additional 307,886 shares during the period. 98.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on JKHY. DA Davidson restated a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a research note on Wednesday, September 2nd. Stephens began coverage on shares of Jack Henry & Associates in a research note on Tuesday, August 11th. They set an “overweight” rating and a $200.00 price target for the company. Piper Sandler upgraded Jack Henry & Associates from a “neutral” rating to an “overweight” rating and set a $175.00 price target for the company in a report on Friday, October 9th. Weiss Ratings raised Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 20th. Finally, Wolfe Research increased their price objective on Jack Henry & Associates from $200.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five 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 $190.00.

Key Headlines Impacting Jack Henry & Associates

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Jack Henry raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51 and is targeting 58–65 new core-system wins. The higher earnings forecast and sales target suggest management is confident in growth prospects. Article: Jack Henry raises FY2027 GAAP EPS view
• Positive Sentiment: In fiscal Q1 2027, EPS was $2.28, ahead of analyst estimates of roughly $2.03–$2.07 and up from $1.97 a year earlier. Revenue grew 8.8% year over year, while operating income also increased, supporting the view that the business is growing profitably. Article: Jack Henry reports first-quarter fiscal 2027 results
• Neutral Sentiment: Some coverage questioned whether the strong quarter makes JKHY attractive at its current valuation, suggesting the earnings beat and guidance raise may already be reflected in the stock. Article: Jack Henry & Associates’ Strong Showing Isn’t A Reason To Hop On Board

Jack Henry & Associates Stock Performance

JKHY stock opened at $179.16 on Thursday. Jack Henry & Associates, Inc. has a 1-year low of $121.04 and a 1-year high of $193.39. The business has a 50-day moving average price of $156.74 and a 200 day moving average price of $154.53. The company has a market capitalization of $12.56 billion, a P/E ratio of 22.21, a PEG ratio of 2.00 and a beta of 0.55. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.17 and a quick ratio of 1.17.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, November 3rd. The technology company reported $2.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.21. The company had revenue of $682.18 million for the quarter, compared to analysts’ expectations of $685.54 million. Jack Henry & Associates had a net margin of 19.96% and a return on equity of 24.38%. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.97 EPS. As a group, equities research analysts forecast that Jack Henry & Associates, Inc. will post 7.30 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Monday, September 7th were given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, September 4th. Jack Henry & Associates’s dividend payout ratio is presently 35.01%.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company that provides software, payment solutions and technology services to banks and credit unions. Its offerings are designed to support core banking operations, digital banking, account management, lending, payments, fraud prevention and other financial institution functions.

The company serves community and regional banks, credit unions and other financial services organizations in the United States. Its products are delivered through integrated platforms and services intended to help financial institutions manage daily operations, improve customer and member experiences, and connect with third-party financial technology providers.

Founded in 1976 and headquartered in Monett, Missouri, Jack Henry has expanded through internal development and acquisitions, including the 2004 acquisition of Symitar, a provider of core processing and related technology for credit unions.