Jack Henry & Associates, Inc. $JKHY Shares Sold by American Capital Management Inc.

American Capital Management Inc. reduced its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 243,075 shares of the technology company’s stock after selling 8,262 shares during the quarter. Jack Henry & Associates accounts for approximately 2.1% of American Capital Management Inc.’s investment portfolio, making the stock its 21st biggest holding. American Capital Management Inc.’s holdings in Jack Henry & Associates were worth $38,416,000 at the end of the most recent quarter.

Several other hedge funds have also 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 valued at $30,000 after purchasing an additional 195 shares in the last quarter. Larson Financial Group LLC boosted its position in Jack Henry & Associates by 2,816.7% during the fourth 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 position in Jack Henry & Associates during the second quarter worth approximately $35,000. SJS Investment Consulting Inc. grew its holdings in Jack Henry & Associates by 3,933.3% in the first quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock valued at $38,000 after purchasing an additional 236 shares during the period. Finally, MUFG Securities EMEA plc acquired a new stake in Jack Henry & Associates in the second quarter valued at approximately $39,000. 98.75% of the stock is owned by hedge funds and other institutional investors.

Jack Henry & Associates Trading Up 1.6%

JKHY stock opened at $152.98 on Tuesday. Jack Henry & Associates, Inc. has a 12-month low of $121.04 and a 12-month high of $193.39. The business’s 50-day moving average is $138.61 and its 200 day moving average is $154.88. 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 stock has a market cap of $10.87 billion, a price-to-earnings ratio of 21.40, a PEG ratio of 2.12 and a beta of 0.57.

Jack Henry & Associates (NASDAQ:JKHY) last announced 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 business had revenue of $615.93 million during 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 business’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 EPS for the current fiscal 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 dividend of $0.61 per share. This represents a $2.44 annualized dividend 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%.

Wall Street Analyst Weigh In

JKHY has been the subject of a number of recent analyst reports. UBS Group set a $165.00 price objective on Jack Henry & Associates in a research report on Thursday, May 7th. Wolfe Research set a $165.00 target price on Jack Henry & Associates in a research report on Monday, June 29th. The Goldman Sachs Group dropped their price target on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings lowered shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Finally, Royal Bank Of Canada reduced their price objective 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. Two 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $186.07.

Insider Buying and Selling at Jack Henry & Associates

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

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.