New York State Teachers Retirement System Purchases 4,843 Shares of Jack Henry & Associates, Inc. $JKHY

New York State Teachers Retirement System raised its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 6.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,021 shares of the technology company’s stock after buying an additional 4,843 shares during the quarter. New York State Teachers Retirement System owned about 0.11% of Jack Henry & Associates worth $13,872,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of JKHY. CYBER HORNET ETFs LLC bought a new position in shares of Jack Henry & Associates during the 2nd quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd boosted its stake in 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 acquiring an additional 195 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in Jack Henry & Associates in the second quarter worth $39,000. Quent Capital LLC purchased a new position in Jack Henry & Associates in the third quarter worth $33,000. Finally, United Community Bank acquired a new position in shares of Jack Henry & Associates during the fourth quarter worth $41,000. 98.75% of the stock is currently owned by institutional investors.

Jack Henry & Associates Stock Performance

NASDAQ JKHY opened at $154.03 on Monday. The stock has a 50-day simple moving average of $159.16 and a two-hundred day simple moving average of $168.27. The firm has a market capitalization of $11.12 billion, a P/E ratio of 22.13, a PEG ratio of 2.30 and a beta of 0.63. Jack Henry & Associates, Inc. has a fifty-two week low of $144.12 and a fifty-two week high of $193.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.60 and a current ratio of 1.60.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, February 3rd. The technology company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.29. The firm had revenue of $611.18 million for the quarter, compared to the consensus estimate of $608.46 million. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.34 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, equities analysts forecast that Jack Henry & Associates, Inc. will post 6.69 earnings per share for the current year.

Jack Henry & Associates Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Thursday, March 5th were given a $0.61 dividend. The ex-dividend date was Thursday, March 5th. This represents a $2.44 annualized dividend and a yield of 1.6%. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.58. Jack Henry & Associates’s payout ratio is currently 35.06%.

Analyst Ratings Changes

Several analysts have recently commented on JKHY shares. Wolfe Research set a $220.00 price objective on Jack Henry & Associates and gave the company an “outperform” rating in a report on Thursday, January 8th. DA Davidson reduced their target price on Jack Henry & Associates from $216.00 to $198.00 and set a “buy” rating on the stock in a research report on Friday. UBS Group increased their price target on Jack Henry & Associates from $175.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Morgan Stanley raised their price target on Jack Henry & Associates from $168.00 to $183.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Finally, Robert W. Baird upgraded Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 price target on the stock in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $198.77.

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.