Capstone Investment Advisors LLC Invests $618,000 in Pathward Financial, Inc. $CASH

Capstone Investment Advisors LLC bought a new stake in shares of Pathward Financial, Inc. (NASDAQ:CASH) during the 2nd quarter, Holdings Channel reports. The fund bought 7,093 shares of the savings and loans company’s stock, valued at approximately $618,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CASH. EverSource Wealth Advisors LLC boosted its holdings in Pathward Financial by 43,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after acquiring an additional 432 shares in the last quarter. State of Wyoming purchased a new position in Pathward Financial during the 2nd quarter valued at $46,000. Smartleaf Asset Management LLC raised its holdings in Pathward Financial by 23.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after purchasing an additional 118 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Pathward Financial by 225.6% in the 4th 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 in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of Pathward Financial in the 4th quarter worth about $77,000. Institutional investors own 92.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CASH. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research note on Wednesday, August 5th. Keefe, Bruyette & Woods lowered their price objective on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $105.00 price objective (down from $107.00) on shares of Pathward Financial in a research report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $101.00.

Pathward Financial Price Performance

CASH opened at $81.50 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 10.21 and a beta of 0.61. The stock has a fifty day simple moving average of $87.18 and a two-hundred day simple moving average of $87.95. Pathward Financial, Inc. has a 12-month low of $65.87 and a 12-month high of $101.26.

Pathward Financial (NASDAQ:CASH) last announced its earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). The business had revenue of $189.64 million for the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. 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. Research analysts predict that Pathward Financial, Inc. will post 7.93 earnings per share for the current fiscal year.

Pathward Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.20 annualized dividend and a yield of 0.2%. Pathward Financial’s payout ratio is presently 2.51%.

Pathward Financial 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.