8,493 Shares in Pathward Financial, Inc. $CASH Purchased by Horizon Investments LLC

Horizon Investments LLC acquired a new position in Pathward Financial, Inc. (NASDAQ:CASH) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 8,493 shares of the savings and loans company’s stock, valued at approximately $603,000.

Several other institutional investors and hedge funds have also made changes to their positions in CASH. EverSource Wealth Advisors LLC boosted its position in shares of Pathward Financial by 43,200.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after buying an additional 432 shares in the last quarter. State of Wyoming purchased a new position in Pathward Financial in the 2nd quarter valued at about $46,000. PNC Financial Services Group Inc. lifted its holdings in Pathward Financial by 10.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,281 shares of the savings and loans company’s stock valued at $169,000 after purchasing an additional 218 shares in the last quarter. denkapparat Operations GmbH purchased a new position in Pathward Financial in the 3rd quarter valued at about $219,000. Finally, Brevan Howard Capital Management LP purchased a new position in Pathward Financial in the 3rd quarter valued at about $220,000. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Piper Sandler assumed coverage on shares of Pathward Financial in a report on Thursday, March 12th. They issued an “overweight” rating and a $107.00 target price on the stock. Keefe, Bruyette & Woods upped their target price on shares of Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Finally, Wall Street Zen lowered shares of Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $107.50.

Insider Transactions at Pathward Financial

In related news, CEO Brett L. Pharr sold 15,641 shares of Pathward Financial stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the transaction, the chief executive officer owned 78,261 shares in the company, valued at approximately $7,347,142.68. This trade represents a 16.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas J. Hajek sold 5,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total value of $431,850.00. Following the sale, the director owned 12,281 shares of the company’s stock, valued at $1,060,709.97. This represents a 28.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.43% of the company’s stock.

Pathward Financial Trading Down 1.4%

NASDAQ CASH opened at $86.32 on Friday. Pathward Financial, Inc. has a 12 month low of $65.87 and a 12 month high of $101.26. The company has a 50-day moving average of $91.39 and a 200-day moving average of $81.92. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.80. The company has a market cap of $1.88 billion, a P/E ratio of 10.25 and a beta of 0.64.

Pathward Financial (NASDAQ:CASH) last posted its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $3.35 EPS for the quarter, meeting analysts’ consensus estimates of $3.35. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The company had revenue of $276.30 million during the quarter, compared to the consensus estimate of $272.04 million. During the same quarter in the prior year, the company posted $3.11 EPS. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, equities analysts predict that Pathward Financial, Inc. will post 8.73 earnings per share for the current year.

Pathward Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Pathward Financial’s dividend payout ratio is currently 2.38%.

Pathward Financial 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.