Jack Henry & Associates, Inc. $JKHY Shares Sold by OmniStar Financial Group Inc.

OmniStar Financial Group Inc. reduced its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 8.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,736 shares of the technology company’s stock after selling 521 shares during the quarter. OmniStar Financial Group Inc.’s holdings in Jack Henry & Associates were worth $1,033,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Summit Securities Group LLC purchased a new position in Jack Henry & Associates in the first quarter valued at $26,000. Hantz Financial Services Inc. purchased a new position in Jack Henry & Associates during the second quarter worth approximately $27,000. Cullen Frost Bankers Inc. acquired a new stake in Jack Henry & Associates in the first quarter valued at approximately $38,000. Private Trust Co. NA increased its position in shares of Jack Henry & Associates by 49.0% in the second quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock valued at $39,000 after buying an additional 71 shares in the last quarter. Finally, Assetmark Inc. raised its stake in shares of Jack Henry & Associates by 147.5% during the 1st quarter. Assetmark Inc. now owns 250 shares of the technology company’s stock worth $46,000 after buying an additional 149 shares during the period. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Stock Down 0.8%

Shares of JKHY opened at $164.02 on Friday. Jack Henry & Associates, Inc. has a 52-week low of $144.12 and a 52-week high of $196.00. The stock has a fifty day simple moving average of $154.90 and a two-hundred day simple moving average of $167.74. The company has a market capitalization of $11.87 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 2.74 and a beta of 0.76.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings data on Tuesday, November 4th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.33. Jack Henry & Associates had a net margin of 19.19% and a return on equity of 22.60%. The firm had revenue of $636.11 million during the quarter, compared to analysts’ expectations of $634.42 million. During the same period last year, the business earned $1.63 earnings per share. Jack Henry & Associates’s revenue was up 7.3% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. As a group, equities analysts anticipate that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Tuesday, December 2nd will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, December 2nd. Jack Henry & Associates’s dividend payout ratio is presently 35.26%.

Insider Transactions at Jack Henry & Associates

In other Jack Henry & Associates news, COO Shanon G. Mclachlan sold 227 shares of Jack Henry & Associates stock in a transaction on Monday, November 10th. The stock was sold at an average price of $160.83, for a total value of $36,508.41. Following the sale, the chief operating officer owned 1,420 shares in the company, valued at $228,378.60. The trade was a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

JKHY has been the topic of several recent analyst reports. Royal Bank Of Canada decreased their price objective on shares of Jack Henry & Associates from $203.00 to $185.00 and set a “sector perform” rating on the stock in a report on Thursday, August 21st. UBS Group reduced their target price on Jack Henry & Associates from $185.00 to $175.00 and set a “neutral” rating for the company in a report on Thursday, August 21st. Weiss Ratings restated a “hold (c)” rating on shares of Jack Henry & Associates in a research report on Wednesday, October 8th. Robert W. Baird set a $172.00 price target on Jack Henry & Associates in a research report on Friday, October 17th. Finally, The Goldman Sachs Group raised their price objective on Jack Henry & Associates from $155.00 to $175.00 and gave the company a “neutral” rating in a report on Friday, November 7th. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $177.25.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.