Sei Investments Co. Boosts Holdings in Jack Henry & Associates, Inc. $JKHY

Sei Investments Co. raised its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 15.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 157,857 shares of the technology company’s stock after buying an additional 21,677 shares during the quarter. Sei Investments Co.’s holdings in Jack Henry & Associates were worth $24,947,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of JKHY. State Street Corp raised its position in 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 worth $611,103,000 after buying an additional 97,140 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Jack Henry & Associates by 9.5% in the third quarter. Invesco Ltd. now owns 1,800,777 shares of the technology company’s stock valued at $268,190,000 after acquiring an additional 155,616 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Jack Henry & Associates by 4.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,415,221 shares of the technology company’s stock valued at $258,250,000 after acquiring an additional 66,633 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Jack Henry & Associates by 160.2% during the fourth 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 period. Finally, Mackenzie Financial Corp increased its stake in shares of Jack Henry & Associates by 4.0% during the fourth quarter. Mackenzie Financial Corp now owns 973,760 shares of the technology company’s stock worth $179,354,000 after acquiring an additional 37,814 shares during the period. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Stock Performance

Shares of JKHY opened at $157.43 on Wednesday. The company has a 50-day simple moving average of $138.95 and a 200-day simple moving average of $154.68. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $11.19 billion, a PE ratio of 22.02, a P/E/G ratio of 2.15 and a beta of 0.57. Jack Henry & Associates, Inc. has a 52-week low of $121.04 and a 52-week high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. The firm had revenue of $615.93 million for the quarter, compared to the consensus estimate of $619.67 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The firm’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Equities research analysts predict that Jack Henry & Associates, Inc. will post 6.84 earnings per share 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. Stockholders of record on Monday, June 1st were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 34.13%.

Analyst Upgrades and Downgrades

JKHY has been the subject of a number of recent analyst reports. DA Davidson restated a “buy” rating and issued a $198.00 price objective on shares of Jack Henry & Associates in a research report on Monday, May 11th. The Goldman Sachs Group dropped their target price on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. UBS Group set a $165.00 target price on Jack Henry & Associates in a research note on Thursday, May 7th. Royal Bank Of Canada reduced their price target on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a report on Thursday, June 18th. Finally, Wolfe Research set a $165.00 price target on Jack Henry & Associates in a research note on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Jack Henry & Associates has a consensus rating of “Moderate Buy” and an average price target of $186.07.

Insider Buying and Selling

In other news, CFO Mimi Carsley purchased 375 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of $134.12 per share, with a total value of $50,295.00. Following the purchase, the chief financial officer directly owned 6,007 shares of the company’s stock, valued at $805,658.84. The trade was a 6.66% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Gregory R. Adelson purchased 2,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price of $133.42 per share, for a total transaction of $266,840.00. Following the acquisition, the chief executive officer owned 21,036 shares in the company, valued at approximately $2,806,623.12. This trade represents a 10.51% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.60% of the stock is currently owned by company insiders.

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.