Fjarde AP Fonden Fourth Swedish National Pension Fund Trims Stake in Jack Henry & Associates, Inc. $JKHY

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 15.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,966 shares of the technology company’s stock after selling 6,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned 0.05% of Jack Henry & Associates worth $7,111,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of JKHY. Caitong International Asset Management Co. Ltd increased its stake in shares of Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after purchasing an additional 195 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of Jack Henry & Associates by 2,816.7% in the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after purchasing an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Jack Henry & Associates in the 2nd quarter worth $35,000. MUFG Securities EMEA plc purchased a new stake in shares of Jack Henry & Associates in the 2nd quarter worth $39,000. Finally, United Community Bank purchased a new stake in shares of Jack Henry & Associates in the 4th quarter worth $41,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Jack Henry & Associates Stock Performance

JKHY opened at $130.11 on Monday. The stock has a market cap of $9.24 billion, a price-to-earnings ratio of 18.20, a P/E/G ratio of 1.90 and a beta of 0.58. The stock’s 50 day moving average price is $147.08 and its 200-day moving average price is $165.21. Jack Henry & Associates, Inc. has a one year low of $129.25 and a one year high of $193.39. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74.

Jack Henry & Associates (NASDAQ:JKHY) last released its earnings results on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. The firm had revenue of $615.93 million for the quarter, compared to analysts’ expectations of $619.67 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The company’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities analysts forecast that Jack Henry & Associates, Inc. will post 6.84 EPS for the current year.

Jack Henry & Associates Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.61 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.9%. Jack Henry & Associates’s dividend payout ratio is currently 34.13%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. DA Davidson reissued a “buy” rating and set a $198.00 price target on shares of Jack Henry & Associates in a report on Monday, May 11th. Weiss Ratings cut Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Wells Fargo & Company upgraded Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $181.00 to $196.00 in a research report on Tuesday, February 17th. UBS Group set a $165.00 price objective on Jack Henry & Associates in a research report on Thursday, May 7th. Finally, Loop Capital assumed coverage on Jack Henry & Associates in a research report on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.08.

Insider Buying and Selling

In other Jack Henry & Associates news, CEO Gregory R. Adelson bought 2,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were purchased at an average price of $133.42 per share, with a total value of $266,840.00. Following the completion of the purchase, the chief executive officer owned 21,036 shares in the company, valued at $2,806,623.12. This represents a 10.51% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Mimi Carsley bought 375 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $134.12 per share, for a total transaction of $50,295.00. Following the purchase, the chief financial officer owned 6,007 shares of the company’s stock, valued at approximately $805,658.84. The trade was a 6.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.60% of the company’s stock.

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.