Quantbot Technologies LP purchased a new stake in Pathward Financial, Inc. (NASDAQ:CASH – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 17,751 shares of the savings and loans company’s stock, valued at approximately $1,545,000. Quantbot Technologies LP owned 0.09% of Pathward Financial at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of CASH. EverSource Wealth Advisors LLC grew its holdings in shares of Pathward Financial by 43,200.0% during the second 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 acquired a new position in Pathward Financial during the 2nd quarter worth approximately $46,000. Smartleaf Asset Management LLC boosted its position in Pathward Financial by 23.0% during the 4th 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. Rockefeller Capital Management L.P. grew its stake in shares of 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 bought a new position in shares of Pathward Financial during the 4th quarter worth approximately $77,000. 92.66% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
CASH has been the topic of a number of research reports. Keefe, Bruyette & Woods cut their price objective on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Piper Sandler reaffirmed an “overweight” rating and issued a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research report on Thursday, July 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial currently has a consensus rating of “Buy” and an average price target of $101.00.
Pathward Financial Stock Down 0.8%
NASDAQ:CASH opened at $82.99 on Tuesday. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 10.40 and a beta of 0.61. Pathward Financial, Inc. has a twelve month low of $65.87 and a twelve month high of $101.26. The stock’s 50 day moving average price is $87.17 and its two-hundred day moving average price is $88.21. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.04.
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 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.58). Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. The company had revenue of $189.64 million during the quarter, compared to analyst estimates of $191.18 million. 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. Equities research analysts expect that Pathward Financial, Inc. will post 7.93 earnings per share for the current fiscal year.
Pathward Financial Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a $0.05 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s dividend payout ratio (DPR) is currently 2.51%.
Insider Buying and Selling
In other news, Director Elizabeth G. Hoople sold 4,500 shares of Pathward Financial stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $82.29, for a total value of $370,305.00. Following the completion of the transaction, the director owned 28,050 shares of the company’s stock, valued at $2,308,234.50. This trade represents a 13.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.43% of the stock is currently owned by corporate insiders.
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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