Janus Henderson Group PLC Has $170.43 Million Holdings in Jack Henry & Associates, Inc. $JKHY

Janus Henderson Group PLC lifted its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 13,343.0% in the 1st quarter, Holdings Channel reports. The fund owned 1,078,398 shares of the technology company’s stock after buying an additional 1,070,376 shares during the period. Janus Henderson Group PLC’s holdings in Jack Henry & Associates were worth $170,430,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its stake in Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after purchasing an additional 195 shares during the period. Larson Financial Group LLC boosted its position in shares of Jack Henry & Associates by 2,816.7% in the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after buying an additional 169 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates in the second quarter worth $35,000. SJS Investment Consulting Inc. grew its holdings in shares of Jack Henry & Associates by 3,933.3% during the first quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock valued at $38,000 after buying an additional 236 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in shares of Jack Henry & Associates during the second quarter valued at $39,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Analyst Upgrades and Downgrades

JKHY has been the topic of several recent analyst reports. Royal Bank Of Canada dropped their price target on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating on the stock in a research report on Thursday, June 18th. Morgan Stanley set a $170.00 target price on Jack Henry & Associates in a research note on Friday, May 8th. DA Davidson reiterated a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a report on Monday, May 11th. Weiss Ratings lowered shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Finally, Wolfe Research set a $165.00 price target on shares of Jack Henry & Associates in a report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $186.07.

Jack Henry & Associates Price Performance

Shares of NASDAQ:JKHY opened at $154.24 on Friday. Jack Henry & Associates, Inc. has a fifty-two week low of $121.04 and a fifty-two week high of $193.39. The business has a 50-day moving average of $139.67 and a two-hundred day moving average of $154.24. The stock has a market capitalization of $10.96 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.26 and a beta of 0.57. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The business had revenue of $615.93 million for the quarter, compared to analyst estimates of $619.67 million. During the same quarter in the prior year, the firm posted $1.52 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities research analysts predict that Jack Henry & Associates, Inc. will post 6.84 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Monday, June 1st were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio (DPR) is 34.13%.

Insider Activity at Jack Henry & Associates

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