ProShare Advisors LLC Has $11.12 Million Stock Holdings in Jack Henry & Associates, Inc. $JKHY

ProShare Advisors LLC grew its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 10.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,931 shares of the technology company’s stock after buying an additional 5,818 shares during the period. ProShare Advisors LLC owned 0.08% of Jack Henry & Associates worth $11,119,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in JKHY. Caitong International Asset Management Co. Ltd increased 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. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates in the second quarter valued at about $35,000. MUFG Securities EMEA plc acquired a new stake in shares of Jack Henry & Associates in the second quarter valued at about $39,000. United Community Bank bought a new stake in shares of Jack Henry & Associates during the 4th quarter valued at about $41,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Jack Henry & Associates during the 3rd quarter valued at about $44,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. UBS Group set a $165.00 target price on Jack Henry & Associates in a research report on Thursday, May 7th. Weiss Ratings lowered Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. DA Davidson restated a “buy” rating and set a $198.00 target price on shares of Jack Henry & Associates in a research report on Monday, May 11th. Wells Fargo & Company upgraded Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $181.00 to $196.00 in a research report on Tuesday, February 17th. Finally, Loop Capital assumed coverage on Jack Henry & Associates in a research report on Tuesday, March 31st. They set a “buy” rating and a $197.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Jack Henry & Associates presently has an average rating of “Moderate Buy” and an average price target of $192.08.

Jack Henry & Associates Stock Down 0.2%

Shares of Jack Henry & Associates stock opened at $139.56 on Friday. Jack Henry & Associates, Inc. has a one year low of $132.36 and a one year high of $193.39. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74. The stock’s 50-day moving average is $153.36 and its 200 day moving average is $167.17. The firm has a market cap of $9.92 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 2.07 and a beta of 0.63.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.28. The business had revenue of $615.93 million for the quarter, compared to analyst estimates of $619.67 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The company’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Equities research analysts anticipate that Jack Henry & Associates, Inc. will post 6.75 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, June 1st will be issued a $0.61 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.44 annualized dividend and a yield of 1.7%. Jack Henry & Associates’s dividend payout ratio is presently 34.13%.

Insider Activity at Jack Henry & Associates

In other news, CFO Mimi Carsley purchased 375 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were acquired at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the completion of the acquisition, the chief financial officer owned 6,007 shares in the company, valued at approximately $805,658.84. The trade was a 6.66% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gregory R. Adelson purchased 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $133.42 per share, for a total transaction of $266,840.00. Following the acquisition, the chief executive officer owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. This represents a 10.51% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.60% of the stock is currently owned by corporate insiders.

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.