Susquehanna Fundamental Investments LLC grew its stake in Pathward Financial, Inc. (NASDAQ:CASH – Free Report) by 40.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 22,053 shares of the savings and loans company’s stock after buying an additional 6,387 shares during the quarter. Susquehanna Fundamental Investments LLC owned 0.11% of Pathward Financial worth $1,920,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its holdings in Pathward Financial by 43,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after acquiring an additional 432 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in Pathward Financial by 23.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after acquiring an additional 118 shares during the last quarter. State of Wyoming acquired a new position in Pathward Financial during the 2nd quarter worth approximately $46,000. Rockefeller Capital Management L.P. grew its holdings in Pathward Financial by 225.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock worth $61,000 after acquiring an additional 591 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of Pathward Financial in the 4th quarter valued at approximately $77,000. 92.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on CASH. Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a report on Wednesday, August 5th. Piper Sandler reiterated an “overweight” rating and set a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research note on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods dropped their target price on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Pathward Financial has an average rating of “Buy” and a consensus price target of $101.00.
Pathward Financial Stock Performance
Shares of CASH opened at $80.34 on Wednesday. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 10.07 and a beta of 0.60. Pathward Financial, Inc. has a 52-week low of $65.87 and a 52-week high of $101.26. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average price of $87.07 and a 200 day moving average price of $87.76.
Pathward Financial (NASDAQ:CASH – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). The company had revenue of $189.64 million for the quarter, compared to analyst estimates of $191.18 million. Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. Research analysts predict that Pathward Financial, Inc. will post 7.93 EPS for the current fiscal year.
Pathward Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s payout ratio is 2.51%.
Pathward Financial Company Profile
Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.
Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.
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