Jack Henry & Associates (NASDAQ:JKHY) Rating Lowered to “Hold” at William Blair

William Blair downgraded shares of Jack Henry & Associates (NASDAQ:JKHY) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports. William Blair also issued estimates for Jack Henry & Associates’ Q2 2025 earnings at $1.33 EPS, Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $1.49 EPS, FY2025 earnings at $5.84 EPS, Q2 2026 earnings at $1.43 EPS, Q3 2026 earnings at $1.51 EPS, Q4 2026 earnings at $1.63 EPS and FY2026 earnings at $6.29 EPS.

A number of other research analysts also recently issued reports on the company. Robert W. Baird upped their price target on Jack Henry & Associates from $186.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Compass Point assumed coverage on shares of Jack Henry & Associates in a report on Wednesday, September 4th. They issued a “neutral” rating and a $186.00 target price on the stock. Royal Bank of Canada boosted their price target on Jack Henry & Associates from $181.00 to $203.00 and gave the company a “sector perform” rating in a research note on Thursday. Stephens reiterated an “equal weight” rating and issued a $170.00 price target on shares of Jack Henry & Associates in a research report on Wednesday. Finally, StockNews.com lowered Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Thursday. Eleven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $188.73.

Jack Henry & Associates Stock Up 0.7 %

NASDAQ:JKHY traded up $1.29 during mid-day trading on Wednesday, hitting $181.26. 156,851 shares of the company’s stock were exchanged, compared to its average volume of 444,176. The company has a market cap of $13.22 billion, a PE ratio of 34.48, a P/E/G ratio of 3.38 and a beta of 0.63. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.00 and a quick ratio of 1.00. Jack Henry & Associates has a one year low of $146.46 and a one year high of $189.63. The business has a fifty day moving average price of $179.13 and a 200 day moving average price of $170.51.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, November 5th. The technology company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.02. The firm had revenue of $600.98 million during the quarter, compared to analyst estimates of $599.56 million. Jack Henry & Associates had a return on equity of 21.63% and a net margin of 17.23%. Jack Henry & Associates’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. Equities analysts predict that Jack Henry & Associates will post 5.82 EPS for the current year.

Jack Henry & Associates Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 6th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.21%. Jack Henry & Associates’s payout ratio is 42.15%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of JKHY. Tortoise Investment Management LLC raised its stake in Jack Henry & Associates by 76.3% during the second quarter. Tortoise Investment Management LLC now owns 164 shares of the technology company’s stock valued at $27,000 after purchasing an additional 71 shares in the last quarter. New Covenant Trust Company N.A. bought a new stake in shares of Jack Henry & Associates in the 1st quarter worth about $30,000. Blue Trust Inc. raised its position in shares of Jack Henry & Associates by 148.9% during the 2nd quarter. Blue Trust Inc. now owns 224 shares of the technology company’s stock valued at $39,000 after buying an additional 134 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Jack Henry & Associates in the 3rd quarter valued at about $48,000. Finally, International Assets Investment Management LLC purchased a new position in Jack Henry & Associates in the second quarter worth about $63,000. 98.75% of the stock is currently owned by institutional investors.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc, a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other.