Shanon Mclachlan Sells 227 Shares of Jack Henry & Associates (NASDAQ:JKHY) Stock

Jack Henry & Associates, Inc. (NASDAQ:JKHY) COO Shanon Mclachlan sold 227 shares of Jack Henry & Associates stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $160.83, for a total value of $36,508.41. Following the completion of the transaction, the chief operating officer owned 1,420 shares of the company’s stock, valued at approximately $228,378.60. This represents a 13.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Jack Henry & Associates Trading Down 0.8%

Shares of JKHY stock opened at $164.02 on Friday. The company has a market capitalization of $11.87 billion, a P/E ratio of 26.29, a P/E/G ratio of 2.74 and a beta of 0.76. The business’s 50 day moving average is $154.90 and its two-hundred day moving average is $167.74. Jack Henry & Associates, Inc. has a 12-month low of $144.12 and a 12-month high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, November 4th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.33. The business had revenue of $636.11 million during the quarter, compared to analysts’ expectations of $634.42 million. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The business’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.63 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. On average, research analysts predict that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd will be given a dividend of $0.58 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $2.32 dividend on an annualized basis and a yield of 1.4%. Jack Henry & Associates’s dividend payout ratio is currently 35.26%.

Hedge Funds Weigh In On Jack Henry & Associates

Institutional investors and hedge funds have recently bought and sold shares of the business. Summit Securities Group LLC acquired a new stake in Jack Henry & Associates in the 1st quarter valued at about $26,000. Hantz Financial Services Inc. acquired a new position in shares of Jack Henry & Associates during the 2nd quarter worth approximately $27,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Jack Henry & Associates in the second quarter valued at approximately $35,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Jack Henry & Associates in the first quarter valued at approximately $38,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Jack Henry & Associates in the second quarter valued at approximately $39,000. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Royal Bank Of Canada decreased their price target on shares of Jack Henry & Associates from $203.00 to $185.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 21st. Wells Fargo & Company lifted their price objective on Jack Henry & Associates from $161.00 to $164.00 and gave the stock an “equal weight” rating in a report on Thursday, November 6th. Compass Point upgraded Jack Henry & Associates from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $179.00 to $187.00 in a research note on Thursday, November 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Jack Henry & Associates in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $177.25.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.