97,176 Shares in Pathward Financial, Inc. $CASH Bought by Empowered Funds LLC

Empowered Funds LLC purchased a new stake in Pathward Financial, Inc. (NASDAQ:CASH) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 97,176 shares of the savings and loans company’s stock, valued at approximately $8,671,000.

Several other large investors have also bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its stake in shares of Pathward Financial by 43,200.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after acquiring an additional 432 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Pathward Financial by 23.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock valued at $45,000 after purchasing an additional 118 shares in the last quarter. State of Wyoming purchased a new position in Pathward Financial during the second quarter worth about $46,000. Rockefeller Capital Management L.P. boosted its holdings in Pathward Financial by 225.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock worth $61,000 after purchasing an additional 591 shares during the last quarter. Finally, New Age Alpha Advisors LLC bought a new stake in Pathward Financial in the 4th quarter worth about $77,000. 92.66% of the stock is currently owned by institutional investors.

Pathward Financial Price Performance

Shares of NASDAQ:CASH opened at $87.70 on Friday. The company’s 50-day moving average is $85.52 and its 200 day moving average is $87.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.81 and a current ratio of 0.82. The company has a market capitalization of $1.85 billion, a P/E ratio of 10.99 and a beta of 0.60. Pathward Financial, Inc. has a fifty-two week low of $65.87 and a fifty-two week high of $101.26.

Pathward Financial (NASDAQ:CASH) last posted its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). The company had revenue of $189.64 million for the quarter, compared to analysts’ expectations of $191.18 million. Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. On average, equities research analysts forecast that Pathward Financial, Inc. will post 7.93 earnings per share for the current year.

Pathward Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th were paid a dividend of $0.05 per share. The ex-dividend date was Thursday, June 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Pathward Financial’s dividend payout ratio (DPR) is presently 2.51%.

Insider Activity at Pathward Financial

In related news, Director Elizabeth G. Hoople sold 4,500 shares of Pathward Financial stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $82.29, for a total value of $370,305.00. Following the sale, the director owned 28,050 shares of the company’s stock, valued at approximately $2,308,234.50. The trade was a 13.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.43% of the company’s stock.

Analysts Set New Price Targets

CASH has been the subject of several analyst reports. Keefe, Bruyette & Woods decreased their price objective on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating for the company in a research note on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a research note on Friday, May 8th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $105.00 target price (down from $107.00) on shares of Pathward Financial in a report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $101.00.

Pathward Financial Company Profile

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.