Quantbot Technologies LP Purchases 11,721 Shares of Jack Henry & Associates, Inc. $JKHY

Quantbot Technologies LP grew its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 278.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 15,934 shares of the technology company’s stock after buying an additional 11,721 shares during the period. Quantbot Technologies LP’s holdings in Jack Henry & Associates were worth $2,373,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in JKHY. Vanguard Group Inc. boosted its holdings in Jack Henry & Associates by 0.5% in the second quarter. Vanguard Group Inc. now owns 8,843,282 shares of the technology company’s stock valued at $1,593,294,000 after acquiring an additional 43,974 shares during the last quarter. State Street Corp raised its holdings in Jack Henry & Associates by 2.6% during the 2nd quarter. State Street Corp now owns 4,006,150 shares of the technology company’s stock worth $721,788,000 after purchasing an additional 102,534 shares during the last quarter. Geode Capital Management LLC raised its holdings in Jack Henry & Associates by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 2,095,237 shares of the technology company’s stock worth $376,816,000 after purchasing an additional 61,292 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Jack Henry & Associates by 22.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,668,602 shares of the technology company’s stock valued at $300,632,000 after purchasing an additional 301,600 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Jack Henry & Associates by 0.8% in the 2nd quarter. Invesco Ltd. now owns 1,645,161 shares of the technology company’s stock valued at $296,409,000 after purchasing an additional 13,745 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. DA Davidson reissued a “buy” rating and set a $216.00 price target on shares of Jack Henry & Associates in a research note on Wednesday, February 4th. Wall Street Zen cut shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Keefe, Bruyette & Woods raised Jack Henry & Associates from a “market perform” rating to an “outperform” rating and increased their price target for the company from $170.00 to $215.00 in a research note on Monday, December 8th. The Goldman Sachs Group lifted their price objective on Jack Henry & Associates from $155.00 to $175.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, Royal Bank Of Canada upgraded Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $185.00 to $210.00 in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $200.42.

Jack Henry & Associates Stock Up 2.8%

Shares of Jack Henry & Associates stock opened at $168.75 on Wednesday. Jack Henry & Associates, Inc. has a 1 year low of $144.12 and a 1 year high of $196.00. The business has a 50-day moving average of $176.04 and a two-hundred day moving average of $167.53. The company has a market capitalization of $12.18 billion, a P/E ratio of 24.25, a price-to-earnings-growth ratio of 2.50 and a beta of 0.72. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.60 and a quick ratio of 1.60.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.72 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $611.18 million for the quarter, compared to analysts’ expectations of $608.46 million. During the same quarter in the previous year, the business posted $1.34 EPS. Jack Henry & Associates’s revenue for the quarter 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. As a group, equities analysts predict that Jack Henry & Associates, Inc. will post 5.83 EPS for the current year.

Jack Henry & Associates Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.61 per share. This is a positive change from Jack Henry & Associates’s previous quarterly dividend of $0.58. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, March 5th. Jack Henry & Associates’s payout ratio is currently 33.33%.

Jack Henry & Associates 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.