Jack Henry & Associates, Inc. $JKHY Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 9.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,113 shares of the technology company’s stock after acquiring an additional 4,628 shares during the period. ProShare Advisors LLC’s holdings in Jack Henry & Associates were worth $8,208,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Hantz Financial Services Inc. acquired a new position in Jack Henry & Associates in the second quarter valued at approximately $27,000. Quent Capital LLC acquired a new stake in shares of Jack Henry & Associates during the 3rd quarter worth approximately $33,000. CYBER HORNET ETFs LLC purchased a new position in shares of Jack Henry & Associates during the 2nd quarter valued at approximately $35,000. Private Trust Co. NA lifted its stake in shares of Jack Henry & Associates by 49.0% in the 2nd quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock valued at $39,000 after purchasing an additional 71 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in Jack Henry & Associates during the second quarter worth $39,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director David B. Foss sold 20,000 shares of Jack Henry & Associates stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $174.92, for a total value of $3,498,400.00. Following the sale, the director directly owned 128,133 shares of the company’s stock, valued at $22,413,024.36. The trade was a 13.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is owned by corporate insiders.

Jack Henry & Associates Stock Down 2.9%

Shares of NASDAQ JKHY opened at $165.65 on Thursday. The firm has a market cap of $11.95 billion, a price-to-earnings ratio of 23.80, a price-to-earnings-growth ratio of 2.60 and a beta of 0.71. The company’s 50-day simple moving average is $183.07 and its 200-day simple moving average is $168.17. The company has a quick ratio of 1.49, a current ratio of 1.60 and a debt-to-equity ratio of 0.01. Jack Henry & Associates, Inc. has a 52-week low of $144.12 and a 52-week high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.29. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The firm had revenue of $611.18 million during the quarter, compared to the consensus estimate of $608.46 million. During the same quarter in the prior year, the firm earned $1.34 EPS. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Equities analysts predict that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.5%. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.58. The ex-dividend date is Thursday, March 5th. Jack Henry & Associates’s dividend payout ratio (DPR) is 33.33%.

Analysts Set New Price Targets

A number of research firms have weighed in on JKHY. Royal Bank Of Canada raised shares of Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $185.00 to $210.00 in a report on Tuesday, December 16th. Stephens raised shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a research note on Thursday, February 5th. Keefe, Bruyette & Woods upgraded Jack Henry & Associates from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $170.00 to $215.00 in a research note on Monday, December 8th. Robert W. Baird raised Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 price target for the company in a report on Thursday, February 5th. Finally, Weiss Ratings upgraded Jack Henry & Associates from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $199.17.

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.