Jack Henry & Associates, Inc. $JKHY Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 4.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 148,535 shares of the technology company’s stock after buying an additional 6,163 shares during the period. Hsbc Holdings PLC’s holdings in Jack Henry & Associates were worth $27,120,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of JKHY. Larson Financial Group LLC lifted its holdings in 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 valued at $32,000 after acquiring an additional 169 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Jack Henry & Associates during the 2nd quarter valued at about $35,000. Caitong International Asset Management Co. Ltd grew 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 during the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Jack Henry & Associates in the 2nd quarter worth approximately $39,000. Finally, United Community Bank bought a new stake in shares of Jack Henry & Associates in the 4th quarter worth approximately $41,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on JKHY. UBS Group set a $165.00 target price on shares of Jack Henry & Associates in a research note on Thursday, May 7th. Wolfe Research set a $165.00 price target on shares of Jack Henry & Associates in a research report on Monday, June 29th. Loop Capital started coverage on Jack Henry & Associates in a report on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price target on the stock. Weiss Ratings downgraded Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada reduced their price objective on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a research note on Thursday, June 18th. One investment 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 company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $187.31.

Jack Henry & Associates Price Performance

NASDAQ JKHY opened at $146.38 on Tuesday. The stock’s 50-day moving average price is $137.45 and its two-hundred day moving average price is $158.55. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04. The company has a market cap of $10.40 billion, a PE ratio of 20.47, a PEG ratio of 2.06 and a beta of 0.57. Jack Henry & Associates, Inc. has a 1 year low of $121.04 and a 1 year high of $193.39.

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

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio is 34.13%.

Insider Buying and Selling

In other news, CEO Gregory R. Adelson acquired 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price of $133.42 per share, with a total value of $266,840.00. Following the purchase, the chief executive officer owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. This trade 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 acquired 375 shares of the stock in a transaction on Thursday, May 14th. The shares were purchased 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 approximately $805,658.84. This represents a 6.66% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.60% of the company’s stock.

About Jack Henry & Associates

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.