18,221 Shares of Jack Henry & Associates, Inc. $JKHY Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 18,221 shares of the technology company’s stock, valued at approximately $2,610,000.

A number of other large investors also recently added to or reduced their stakes in the business. Van ECK Associates Corp boosted its stake in shares of Jack Henry & Associates by 1,918.2% in the 2nd quarter. Van ECK Associates Corp now owns 1,308,353 shares of the technology company’s stock valued at $180,213,000 after purchasing an additional 1,243,526 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Jack Henry & Associates by 13,343.0% during the first quarter. Janus Henderson Group PLC now owns 1,078,398 shares of the technology company’s stock worth $170,430,000 after buying an additional 1,070,376 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Jack Henry & Associates by 13.0% during the first quarter. Dimensional Fund Advisors LP now owns 752,025 shares of the technology company’s stock worth $118,842,000 after buying an additional 86,810 shares during the last quarter. First Trust Advisors LP lifted its holdings in Jack Henry & Associates by 33.8% in the first quarter. First Trust Advisors LP now owns 734,298 shares of the technology company’s stock valued at $116,048,000 after buying an additional 185,465 shares during the period. Finally, Epoch Investment Partners Inc. lifted its holdings in Jack Henry & Associates by 82.4% in the first quarter. Epoch Investment Partners Inc. now owns 681,587 shares of the technology company’s stock valued at $107,718,000 after buying an additional 307,886 shares during the period. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Jack Henry & Associates Stock Performance

Shares of NASDAQ:JKHY opened at $173.23 on Friday. The company has a market capitalization of $12.15 billion, a price-to-earnings ratio of 23.80, a P/E/G ratio of 2.10 and a beta of 0.55. The firm’s 50 day simple moving average is $156.97 and its 200 day simple moving average is $154.41. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.50 and a quick ratio of 1.17. Jack Henry & Associates, Inc. has a fifty-two week low of $121.04 and a fifty-two week high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings data on Tuesday, November 3rd. The technology company reported $2.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.21. Jack Henry & Associates had a net margin of 19.96% and a return on equity of 24.46%. The firm had revenue of $682.18 million during the quarter, compared to analysts’ expectations of $685.54 million. During the same quarter in the previous year, the company earned $1.97 earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. As a group, sell-side analysts forecast that Jack Henry & Associates, Inc. will post 7.40 earnings per share for the current year.

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Monday, September 7th were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, September 4th. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 33.52%.

Jack Henry & Associates News Summary

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Jack Henry beat fiscal first-quarter earnings expectations, reporting $2.28 per share versus $2.07 anticipated. Growth in cloud and payments helped lift revenue 8.8% year over year, and the company raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51. Revenue was slightly below consensus, however. Zacks earnings and growth article Fiscal 2027 outlook article
• Positive Sentiment: Several firms raised their price targets while maintaining or assigning positive ratings: Barclays to $190 (overweight), RBC to $195 (outperform), and Keefe, Bruyette & Woods to $215 (outperform). UBS also lifted its target to $185, while keeping a neutral rating. The revisions signal improved analyst expectations, though targets are not guarantees. Barclays forecast RBC target revision KBW target revision
• Neutral Sentiment: CFO Mimi Carsley is scheduled to present at Citi’s FinTech Conference on November 10. The event may provide investors with updates, but the announcement itself does not indicate a change to the company’s outlook. Conference announcement
• Negative Sentiment: Morgan Stanley said Jack Henry needs to demonstrate clearer upside to its growth targets, highlighting execution and growth visibility as potential investor concerns. Morgan Stanley growth-target assessment

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on JKHY shares. Keefe, Bruyette & Woods raised their price objective on shares of Jack Henry & Associates from $200.00 to $215.00 and gave the company an “outperform” rating in a research note on Thursday. KeyCorp initiated coverage on shares of Jack Henry & Associates in a research report on Monday, September 14th. They set an “overweight” rating and a $190.00 target price for the company. Piper Sandler raised Jack Henry & Associates from a “neutral” rating to an “overweight” rating and set a $175.00 price target on the stock in a research note on Friday, October 9th. Barclays raised their price target on Jack Henry & Associates from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Raymond James Financial lifted their price objective on Jack Henry & Associates from $192.00 to $199.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.18.

Jack Henry & Associates Profile

Jack Henry & Associates, Inc is a financial technology company that provides software and services to banks and credit unions. Founded in 1976 and headquartered in Monett, Missouri, the company focuses on helping financial institutions manage operations and serve customers.

Its offerings include core banking systems, digital banking platforms, payment processing, lending solutions, and tools for managing fraud, risk, and information security. Jack Henry also provides data, hosting, and related technology services.

The company serves financial institutions across the United States, including community and regional banks and credit unions.