OMERS ADMINISTRATION Corp Has $1.32 Million Stake in Jack Henry & Associates, Inc. $JKHY

OMERS ADMINISTRATION Corp raised its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 175.6% in the first quarter, HoldingsChannel.com reports. The firm owned 8,365 shares of the technology company’s stock after purchasing an additional 5,330 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Jack Henry & Associates were worth $1,322,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Larson Financial Group LLC increased its holdings in shares of 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 purchasing an additional 169 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of Jack Henry & Associates in the second quarter valued at approximately $35,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Jack Henry & Associates by 3,900.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after buying an additional 195 shares during the period. MUFG Securities EMEA plc acquired a new stake in Jack Henry & Associates during the second quarter worth approximately $39,000. Finally, United Community Bank acquired a new stake in Jack Henry & Associates during the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Wall Street Analysts Forecast Growth

JKHY has been the subject of several analyst reports. UBS Group set a $165.00 price objective on Jack Henry & Associates in a report on Thursday, May 7th. Wolfe Research set a $165.00 target price on Jack Henry & Associates in a report on Monday, June 29th. Morgan Stanley set a $170.00 price target on Jack Henry & Associates in a research report on Friday, May 8th. Royal Bank Of Canada cut their price objective on shares of Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. Finally, DA Davidson reiterated a “buy” rating and set a $198.00 price objective on shares of Jack Henry & Associates in a research note on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $186.07.

Jack Henry & Associates Stock Up 2.4%

Shares of JKHY opened at $161.15 on Thursday. The firm has a 50 day simple moving average of $139.38 and a two-hundred day simple moving average of $154.49. 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 $121.04 and a one year high of $193.39. The company has a market cap of $11.45 billion, a P/E ratio of 22.54, a P/E/G ratio of 2.21 and a beta of 0.57.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $619.67 million. During the same quarter last year, the business posted $1.52 EPS. The company’s 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. Research analysts forecast that Jack Henry & Associates, Inc. will post 6.84 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were paid a $0.61 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.44 annualized dividend and a yield of 1.5%. Jack Henry & Associates’s dividend payout ratio (DPR) is 34.13%.

Insider Transactions at Jack Henry & Associates

In other Jack Henry & Associates news, CEO Gregory R. Adelson bought 2,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average price of $133.42 per share, for a total transaction 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. The trade was a 10.51% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Mimi Carsley bought 375 shares of the stock in a transaction on Thursday, May 14th. The shares were acquired at an average cost 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 represents a 6.66% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.60% of the company’s stock.

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.