denkapparat Operations GmbH Has $1.05 Million Stock Holdings in Jack Henry & Associates, Inc. $JKHY

denkapparat Operations GmbH boosted its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 138.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,628 shares of the technology company’s stock after purchasing an additional 4,430 shares during the quarter. denkapparat Operations GmbH’s holdings in Jack Henry & Associates were worth $1,051,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JKHY. Van ECK Associates Corp boosted its holdings in shares of Jack Henry & Associates by 1,918.2% during the 2nd quarter. Van ECK Associates Corp now owns 1,308,353 shares of the technology company’s stock worth $180,213,000 after buying an additional 1,243,526 shares during the period. Janus Henderson Group PLC grew its stake in Jack Henry & Associates by 13,343.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,078,398 shares of the technology company’s stock valued at $170,430,000 after buying an additional 1,070,376 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Jack Henry & Associates by 160.2% in the 4th 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 valued at $246,420,000 after acquiring an additional 831,372 shares during the period. Norges Bank bought a new position in Jack Henry & Associates in the 4th quarter valued at about $128,744,000. Finally, Bank of New York Mellon Corp acquired a new stake in Jack Henry & Associates during the second quarter worth approximately $87,669,000. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Jack Henry & Associates Price Performance

Shares of NASDAQ:JKHY opened at $168.37 on Friday. The firm has a 50 day moving average of $154.78 and a 200-day moving average of $151.06. Jack Henry & Associates, Inc. has a 12 month low of $121.04 and a 12 month high of $193.39. The company has a current ratio of 1.17, a quick ratio of 1.74 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $11.80 billion, a PE ratio of 24.16, a PEG ratio of 1.89 and a beta of 0.56.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings data on Tuesday, August 18th. The technology company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.44 by $0.13. Jack Henry & Associates had a net margin of 19.76% and a return on equity of 23.49%. The business had revenue of $633.10 million during the quarter, compared to the consensus estimate of $631.60 million. During the same period in the previous year, the business earned $1.75 earnings per share. The company’s revenue was up 4.6% on a year-over-year basis. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. On average, equities research analysts predict that Jack Henry & Associates, Inc. will post 7.38 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Monday, September 7th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.44 annualized dividend and a yield of 1.4%. Jack Henry & Associates’s dividend payout ratio (DPR) is 35.01%.

Analysts Set New Price Targets

JKHY has been the subject of a number of research analyst reports. DA Davidson restated a “buy” rating and set a $198.00 price objective on shares of Jack Henry & Associates in a report on Wednesday. Oppenheimer boosted their price objective on shares of Jack Henry & Associates from $208.00 to $209.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Wolfe Research raised their target price on shares of Jack Henry & Associates from $200.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Barclays raised their target price on shares of Jack Henry & Associates from $170.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. Finally, Weiss Ratings upgraded Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.40.

Jack Henry & Associates Profile

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.