Boston Trust Walden Corp cut its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) by 2.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 345,020 shares of the technology company’s stock after selling 8,707 shares during the quarter. Boston Trust Walden Corp owned about 0.49% of Jack Henry & Associates worth $49,421,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of JKHY. Van ECK Associates Corp boosted its stake in shares of Jack Henry & Associates by 1,918.2% during 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 in the last quarter. Janus Henderson Group PLC increased its position 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 valued at $170,430,000 after buying an additional 1,070,376 shares during the period. Dimensional Fund Advisors LP raised its stake in Jack Henry & Associates by 13.0% in 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 in the last quarter. First Trust Advisors LP raised its stake 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 worth $116,048,000 after buying an additional 185,465 shares in the last quarter. 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 worth $107,718,000 after buying an additional 307,886 shares during the period. 98.75% of the stock is owned by hedge funds and other institutional investors.
Jack Henry & Associates News Summary
Here are the key news stories impacting Jack Henry & Associates this week:
- Positive Sentiment: Jack Henry raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51 and is targeting 58–65 new core-system wins. The higher earnings forecast and sales target suggest management is confident in growth prospects. Article: Jack Henry raises FY2027 GAAP EPS view
- Positive Sentiment: In fiscal Q1 2027, EPS was $2.28, ahead of analyst estimates of roughly $2.03–$2.07 and up from $1.97 a year earlier. Revenue grew 8.8% year over year, while operating income also increased, supporting the view that the business is growing profitably. Article: Jack Henry reports first-quarter fiscal 2027 results
- Neutral Sentiment: Some coverage questioned whether the strong quarter makes JKHY attractive at its current valuation, suggesting the earnings beat and guidance raise may already be reflected in the stock. Article: Jack Henry & Associates’ Strong Showing Isn’t A Reason To Hop On Board
Jack Henry & Associates Price Performance
JKHY stock opened at $179.16 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a 50 day moving average price of $156.74 and a 200-day moving average price of $154.53. Jack Henry & Associates, Inc. has a 52-week low of $121.04 and a 52-week high of $193.39. The firm has a market capitalization of $12.56 billion, a price-to-earnings ratio of 24.61, a PEG ratio of 2.00 and a beta of 0.55.
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.21. Jack Henry & Associates had a return on equity of 24.38% and a net margin of 19.96%. The company had revenue of $682.18 million for the quarter, compared to the consensus estimate of $685.54 million. During the same quarter in the prior year, the business posted $1.97 EPS. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. Equities research analysts forecast that Jack Henry & Associates, Inc. will post 7.30 EPS for the current fiscal year.
Jack Henry & Associates Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Monday, September 7th were paid a $0.61 dividend. 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 is currently 35.01%.
Analysts Set New Price Targets
JKHY has been the topic of several research reports. Barclays lifted their price objective on Jack Henry & Associates from $170.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Weiss Ratings raised Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 20th. Seaport Research Partners assumed coverage on Jack Henry & Associates in a research note on Monday, September 28th. They issued a “buy” rating and a $193.00 target price for the company. Morgan Stanley dropped their price target on Jack Henry & Associates from $170.00 to $158.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 30th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $198.00 price target on shares of Jack Henry & Associates in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $190.00.
Check Out Our Latest Analysis on JKHY
Jack Henry & Associates Profile
Jack Henry & Associates, Inc is a financial technology company that provides software, payment solutions and technology services to banks and credit unions. Its offerings are designed to support core banking operations, digital banking, account management, lending, payments, fraud prevention and other financial institution functions.
The company serves community and regional banks, credit unions and other financial services organizations in the United States. Its products are delivered through integrated platforms and services intended to help financial institutions manage daily operations, improve customer and member experiences, and connect with third-party financial technology providers.
Founded in 1976 and headquartered in Monett, Missouri, Jack Henry has expanded through internal development and acquisitions, including the 2004 acquisition of Symitar, a provider of core processing and related technology for credit unions.
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