SG Americas Securities LLC Boosts Holdings in Jack Henry & Associates, Inc. $JKHY

SG Americas Securities LLC increased its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 1,524.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,189 shares of the technology company’s stock after purchasing an additional 70,560 shares during the period. SG Americas Securities LLC owned approximately 0.10% of Jack Henry & Associates worth $13,720,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Modera Wealth Management LLC bought a new position in Jack Henry & Associates in the 3rd quarter valued at approximately $3,298,000. Teacher Retirement System of Texas increased its holdings in shares of Jack Henry & Associates by 693.2% in the 3rd quarter. Teacher Retirement System of Texas now owns 87,817 shares of the technology company’s stock worth $13,079,000 after purchasing an additional 76,746 shares in the last quarter. Bayforest Capital Ltd bought a new stake in shares of Jack Henry & Associates in the 3rd quarter worth $998,000. Bank of New York Mellon Corp raised its stake in shares of Jack Henry & Associates by 4.8% in the third quarter. Bank of New York Mellon Corp now owns 712,751 shares of the technology company’s stock worth $106,150,000 after purchasing an additional 32,468 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its stake in shares of Jack Henry & Associates by 270.6% in the third quarter. Apollon Wealth Management LLC now owns 13,927 shares of the technology company’s stock worth $2,074,000 after purchasing an additional 10,169 shares during the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Jack Henry & Associates Stock Performance

JKHY stock opened at $153.31 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.60 and a quick ratio of 1.60. Jack Henry & Associates, Inc. has a 1 year low of $144.12 and a 1 year high of $193.39. The company has a market cap of $11.06 billion, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 2.32 and a beta of 0.72. The stock’s fifty day moving average price is $168.39 and its 200-day moving average price is $167.83.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.29. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The company had revenue of $611.18 million during the quarter, compared to analysts’ expectations of $608.46 million. During the same quarter in the prior year, the business earned $1.34 earnings per share. Jack Henry & Associates’s revenue for the quarter was up 7.9% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, equities analysts forecast that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.

Jack Henry & Associates Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, March 5th. This is an increase from Jack Henry & Associates’s previous quarterly dividend of $0.58. Jack Henry & Associates’s payout ratio is currently 35.06%.

Analyst Ratings Changes

Several equities research analysts recently commented on JKHY shares. DA Davidson reaffirmed a “buy” rating and set a $216.00 price objective on shares of Jack Henry & Associates in a research report on Wednesday, February 4th. Wells Fargo & Company raised Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $181.00 to $196.00 in a research report on Tuesday, February 17th. Stephens upgraded shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a research note on Thursday, February 5th. Weiss Ratings downgraded shares of Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Finally, UBS Group lifted their price target on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $200.42.

Jack Henry & Associates Company 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.