6,359 Shares in Jack Henry & Associates, Inc. $JKHY Acquired by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,359 shares of the technology company’s stock, valued at approximately $1,005,000.

Several other hedge funds also recently modified their holdings of the company. Northwest & Ethical Investments L.P. boosted its position in Jack Henry & Associates by 3.3% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 2,002 shares of the technology company’s stock worth $365,000 after acquiring an additional 64 shares during the last quarter. Advisory Services Network LLC increased its position in shares of Jack Henry & Associates by 2.6% in the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company’s stock worth $466,000 after acquiring an additional 69 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ increased its holdings in Jack Henry & Associates by 0.3% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 22,768 shares of the technology company’s stock valued at $3,598,000 after purchasing an additional 71 shares in the last quarter. DNB Asset Management AS raised its holdings in shares of Jack Henry & Associates by 0.6% during the 4th quarter. DNB Asset Management AS now owns 13,261 shares of the technology company’s stock valued at $2,420,000 after buying an additional 76 shares during the period. Finally, Schroder Investment Management Group raised its stake in shares of Jack Henry & Associates by 5.1% during the fourth quarter. Schroder Investment Management Group now owns 1,595 shares of the technology company’s stock valued at $291,000 after purchasing an additional 77 shares during the period. 98.75% of the stock is owned by institutional investors and hedge funds.

Jack Henry & Associates Trading Up 2.1%

NASDAQ:JKHY opened at $148.47 on Thursday. Jack Henry & Associates, Inc. has a fifty-two week low of $121.04 and a fifty-two week high of $193.39. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74. The stock has a market cap of $10.55 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 2.04 and a beta of 0.57. The stock’s 50-day moving average is $137.14 and its two-hundred day moving average is $156.72.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.28. The business had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.Jack Henry & Associates’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company earned $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. As a group, equities research analysts forecast that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently commented on JKHY shares. Loop Capital began coverage on Jack Henry & Associates in a research note on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price target on the stock. UBS Group set a $165.00 price target on shares of Jack Henry & Associates in a report on Thursday, May 7th. Weiss Ratings lowered Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Royal Bank Of Canada decreased their target price on shares of Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. Finally, Wolfe Research set a $165.00 price target on Jack Henry & Associates in a report on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $186.07.

Insider Activity at Jack Henry & Associates

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

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.