Landscape Capital Management L.L.C. Takes Position in Jack Henry & Associates, Inc. $JKHY

Landscape Capital Management L.L.C. purchased a new stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the 4th quarter, HoldingsChannel reports. The fund purchased 9,470 shares of the technology company’s stock, valued at approximately $1,728,000.

Several other hedge funds also recently modified their holdings of the company. State Street Corp increased its position in shares of Jack Henry & Associates by 2.4% during the 3rd quarter. State Street Corp now owns 4,103,290 shares of the technology company’s stock valued at $611,103,000 after purchasing an additional 97,140 shares during the period. Invesco Ltd. grew its holdings in shares of Jack Henry & Associates by 9.5% in the 3rd quarter. Invesco Ltd. now owns 1,800,777 shares of the technology company’s stock worth $268,190,000 after acquiring an additional 155,616 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Jack Henry & Associates by 4.9% in the 4th quarter. Wells Fargo & Company MN now owns 1,415,221 shares of the technology company’s stock worth $258,250,000 after acquiring an additional 66,633 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Jack Henry & Associates by 160.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,350,393 shares of the technology company’s stock worth $246,420,000 after acquiring an additional 831,372 shares during the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Jack Henry & Associates by 1,911.3% in the 3rd quarter. Van ECK Associates Corp now owns 1,111,632 shares of the technology company’s stock worth $165,555,000 after acquiring an additional 1,056,362 shares during the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada decreased their target price on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Morgan Stanley set a $170.00 target price on Jack Henry & Associates in a report on Friday, May 8th. Wells Fargo & Company upgraded Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $181.00 to $196.00 in a report on Tuesday, February 17th. UBS Group set a $165.00 target price on Jack Henry & Associates in a report on Thursday, May 7th. Finally, Weiss Ratings cut Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.08.

Jack Henry & Associates Stock Performance

Shares of Jack Henry & Associates stock opened at $130.35 on Tuesday. The stock has a market cap of $9.26 billion, a PE ratio of 18.23, a price-to-earnings-growth ratio of 1.88 and a beta of 0.58. The business has a fifty day simple moving average of $143.63 and a 200-day simple moving average of $163.47. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. Jack Henry & Associates, Inc. has a 12 month low of $124.63 and a 12 month high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.43 by $0.28. The business had revenue of $615.93 million during the quarter, compared to analysts’ expectations of $619.67 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.Jack Henry & Associates’s revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st. Jack Henry & Associates’s dividend payout ratio (DPR) is 34.13%.

Insider Buying and Selling at Jack Henry & Associates

In other Jack Henry & Associates news, CFO Mimi Carsley bought 375 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average price of $134.12 per share, with a total value of $50,295.00. Following the completion of the transaction, the chief financial officer directly owned 6,007 shares in the company, valued at approximately $805,658.84. This represents a 6.66% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gregory R. Adelson bought 2,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $133.42 per share, with a total value of $266,840.00. Following the transaction, the chief executive officer owned 21,036 shares of the company’s stock, valued at $2,806,623.12. This trade represents a 10.51% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company 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.