Morgan Stanley Issues Positive Forecast for Jack Henry & Associates (NASDAQ:JKHY) Stock Price

Jack Henry & Associates (NASDAQ:JKHY) had its target price boosted by Morgan Stanley from $168.00 to $183.00 in a research report report published on Thursday morning, MarketBeat Ratings reports. They currently have an equal weight rating on the technology company’s stock.

Other equities research analysts have also recently issued research reports about the company. DA Davidson reiterated a “buy” rating and set a $216.00 price objective on shares of Jack Henry & Associates in a research note on Wednesday. Stephens raised Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price target on the stock in a research report on Thursday. Wolfe Research set a $220.00 target price on shares of Jack Henry & Associates and gave the company an “outperform” rating in a research report on Thursday, January 8th. Robert W. Baird set a $205.00 price objective on Jack Henry & Associates and gave the stock an “outperform” rating in a research report on Thursday. Finally, Keefe, Bruyette & Woods upgraded shares of Jack Henry & Associates from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $170.00 to $215.00 in a report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Jack Henry & Associates presently has a consensus rating of “Moderate Buy” and a consensus target price of $199.17.

Jack Henry & Associates Price Performance

NASDAQ:JKHY opened at $176.96 on Thursday. The company’s 50-day moving average price is $183.39 and its two-hundred day moving average price is $168.48. The firm has a market cap of $12.81 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 2.90 and a beta of 0.71. Jack Henry & Associates has a 12 month low of $144.12 and a 12 month high of $196.00. The company has a quick ratio of 1.49, a current ratio of 1.54 and a debt-to-equity ratio of 0.01.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.29. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The company had revenue of $611.18 million for the quarter, compared to the consensus estimate of $608.46 million. During the same quarter in the prior year, the business posted $1.34 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, equities analysts anticipate that Jack Henry & Associates will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, December 2nd. Jack Henry & Associates’s dividend payout ratio is currently 33.33%.

Insiders Place Their Bets

In other news, Director David B. Foss sold 20,000 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $174.92, for a total value of $3,498,400.00. Following the completion of the transaction, the director directly owned 128,133 shares in the company, valued at approximately $22,413,024.36. This represents a 13.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Shanon G. Mclachlan sold 227 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $160.83, for a total transaction of $36,508.41. Following the sale, the chief operating officer owned 1,420 shares of the company’s stock, valued at approximately $228,378.60. The trade was a 13.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Jack Henry & Associates

A number of large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC boosted its position in Jack Henry & Associates by 21.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock valued at $384,000 after acquiring an additional 367 shares in the last quarter. Empowered Funds LLC raised its position in shares of Jack Henry & Associates by 8.8% in the 1st quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock worth $1,312,000 after acquiring an additional 584 shares in the last quarter. Woodline Partners LP lifted its stake in shares of Jack Henry & Associates by 40.6% in the 1st quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock valued at $1,125,000 after purchasing an additional 1,778 shares during the period. Jane Street Group LLC bought a new stake in shares of Jack Henry & Associates during the first quarter valued at approximately $9,430,000. Finally, Focus Partners Wealth boosted its position in shares of Jack Henry & Associates by 15.1% during the first quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock valued at $253,000 after purchasing an additional 182 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

Jack Henry & Associates News Roundup

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

• Positive Sentiment: Baird set a new $205 price target and an “outperform” rating, implying meaningful upside and signaling conviction from a well-known regional bank analyst. Read More.
• Positive Sentiment: Stephens upgraded JKHY from “equal weight” to “overweight” and also put a $205 target on the stock—another bullish vote that can attract institutional buying interest. Read More.
• Positive Sentiment: DA Davidson reaffirmed a “buy” rating with a $216 price target, the highest among recent analyst notes; that level implies material upside and supports a bullish narrative. Read More.
• Positive Sentiment: Jack Henry reported a quarterly beat (EPS and revenue) with expanding margins and raised full-year guidance — the primary fundamental driver behind recent share strength. Read More.
• Neutral Sentiment: Morgan Stanley nudged its price target up to $183 but kept an “equal weight” rating — a modest positive to the target but less persuasive than outright upgrades. Read More.
• Neutral Sentiment: Analysts and outlets are publishing positive thematic coverage (Zacks growth-score piece, valuation and comparison write-ups) that may support longer-term interest but are less likely to move the stock immediately than earnings and direct analyst upgrades. Read More.
• Neutral Sentiment: Valuation and comparison pieces (Yahoo, Globe & Mail, American Banking News) provide context on earnings and relative peers; useful for longer-term positioning but not direct catalysts by themselves. Read More.

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.