Pathward Financial, Inc. $CASH Shares Purchased by UBS Group AG

UBS Group AG raised its stake in shares of Pathward Financial, Inc. (NASDAQ:CASH) by 17.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 93,495 shares of the savings and loans company’s stock after purchasing an additional 13,954 shares during the period. UBS Group AG’s holdings in Pathward Financial were worth $6,638,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Pathward Financial by 210.0% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 25,786 shares of the savings and loans company’s stock worth $1,908,000 after purchasing an additional 17,469 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Pathward Financial by 19.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 159,673 shares of the savings and loans company’s stock worth $11,476,000 after purchasing an additional 26,446 shares during the last quarter. Federated Hermes Inc. increased its position in Pathward Financial by 2,640.8% during the third quarter. Federated Hermes Inc. now owns 25,489 shares of the savings and loans company’s stock worth $1,886,000 after purchasing an additional 24,559 shares during the last quarter. Aptus Capital Advisors LLC increased its position in Pathward Financial by 15.2% during the third quarter. Aptus Capital Advisors LLC now owns 142,215 shares of the savings and loans company’s stock worth $10,525,000 after purchasing an additional 18,720 shares during the last quarter. Finally, Mawer Investment Management Ltd. increased its position in Pathward Financial by 35.7% during the third quarter. Mawer Investment Management Ltd. now owns 346,061 shares of the savings and loans company’s stock worth $25,612,000 after purchasing an additional 91,066 shares during the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

Insiders Place Their Bets

In other Pathward Financial news, Director Douglas J. Hajek sold 5,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $86.37, for a total transaction of $431,850.00. Following the transaction, the director directly owned 12,281 shares in the company, valued at $1,060,709.97. This represents a 28.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Brett L. Pharr sold 15,641 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the transaction, the chief executive officer owned 78,261 shares in the company, valued at $7,347,142.68. This trade represents a 16.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.43% of the company’s stock.

Pathward Financial Price Performance

Shares of CASH stock opened at $80.45 on Wednesday. The company has a market capitalization of $1.70 billion, a PE ratio of 9.55 and a beta of 0.64. The firm has a fifty day simple moving average of $89.77 and a 200-day simple moving average of $82.55. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. Pathward Financial, Inc. has a twelve month low of $65.87 and a twelve month high of $101.26.

Pathward Financial (NASDAQ:CASH) last announced its earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share for the quarter, meeting the consensus estimate of $3.35. The business had revenue of $276.30 million during the quarter, compared to the consensus estimate of $272.04 million. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.11 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Equities research analysts anticipate that Pathward Financial, Inc. will post 8.73 earnings per share for the current fiscal year.

Pathward Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, March 12th. Pathward Financial’s dividend payout ratio is 2.38%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CASH. Piper Sandler began coverage on shares of Pathward Financial in a research report on Thursday, March 12th. They set an “overweight” rating and a $107.00 price target for the company. Keefe, Bruyette & Woods upped their price target on shares of Pathward Financial from $100.00 to $108.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Wall Street Zen lowered shares of Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $107.50.

About Pathward Financial

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.