Twin Capital Management Inc. Makes New $682,000 Investment in Jack Henry & Associates, Inc. $JKHY

Twin Capital Management Inc. bought a new position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,314 shares of the technology company’s stock, valued at approximately $682,000.

Other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd increased its position in Jack Henry & Associates by 3,900.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after acquiring an additional 195 shares during the period. Larson Financial Group LLC boosted its holdings in Jack Henry & Associates by 2,816.7% in the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock valued at $32,000 after purchasing an additional 169 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Jack Henry & Associates in the 2nd quarter valued at about $35,000. SJS Investment Consulting Inc. grew its position in shares of Jack Henry & Associates by 3,933.3% during the 1st quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock worth $38,000 after purchasing an additional 236 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Jack Henry & Associates during the 2nd quarter worth approximately $39,000. Institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling at Jack Henry & Associates

In other Jack Henry & Associates news, CFO Mimi Carsley purchased 375 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the purchase, the chief financial officer owned 6,007 shares in the company, valued at approximately $805,658.84. This trade represents a 6.66% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gregory R. Adelson purchased 2,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $133.42 per share, with a total value of $266,840.00. Following the acquisition, the chief executive officer directly owned 21,036 shares in the company, valued at $2,806,623.12. This represents a 10.51% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.60% of the stock is owned by corporate insiders.

Jack Henry & Associates Price Performance

JKHY stock opened at $153.84 on Friday. The company’s 50-day moving average price is $137.29 and its two-hundred day moving average price is $156.50. The firm has a market cap of $10.93 billion, a P/E ratio of 21.52, a P/E/G ratio of 2.09 and a beta of 0.57. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. Jack Henry & Associates, Inc. has a 12 month low of $121.04 and a 12 month high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. The company had revenue of $615.93 million during the quarter, compared to the consensus estimate of $619.67 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.52 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Monday, June 1st were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s payout ratio is currently 34.13%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on JKHY shares. Wolfe Research set a $165.00 price target on shares of Jack Henry & Associates in a research report on Monday, June 29th. Weiss Ratings downgraded Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. DA Davidson restated a “buy” rating and set a $198.00 price objective on shares of Jack Henry & Associates in a research note on Monday, May 11th. UBS Group set a $165.00 price objective on Jack Henry & Associates in a report on Thursday, May 7th. Finally, Loop Capital started coverage on Jack Henry & Associates in a research report on Tuesday, March 31st. They set a “buy” rating and a $197.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $186.07.

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.