Jack Henry & Associates, Inc. $JKHY Position Reduced by Dearborn Partners LLC

Dearborn Partners LLC decreased its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,663 shares of the technology company’s stock after selling 3,853 shares during the period. Dearborn Partners LLC owned 0.14% of Jack Henry & Associates worth $18,734,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JKHY. Integrated Wealth Concepts LLC raised its holdings in Jack Henry & Associates by 21.2% during the first quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock worth $384,000 after purchasing an additional 367 shares in the last quarter. Empowered Funds LLC raised its holdings in Jack Henry & Associates by 8.8% during the first quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock worth $1,312,000 after purchasing an additional 584 shares in the last quarter. Woodline Partners LP raised its holdings in Jack Henry & Associates by 40.6% during the first quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock worth $1,125,000 after purchasing an additional 1,778 shares in the last quarter. Jane Street Group LLC bought a new stake in Jack Henry & Associates during the first quarter worth approximately $9,430,000. Finally, Focus Partners Wealth raised its holdings in Jack Henry & Associates by 15.1% during the first quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock worth $253,000 after purchasing an additional 182 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling at Jack Henry & Associates

In other news, CEO Gregory R. Adelson acquired 2,000 shares of the stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the transaction, the chief executive officer owned 21,036 shares in the company, valued at approximately $2,806,623.12. This trade represents a 10.51% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, 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. 0.60% of the stock is currently owned by corporate insiders.

Jack Henry & Associates Price Performance

NASDAQ JKHY opened at $130.11 on Friday. The stock has a market capitalization of $9.24 billion, a P/E ratio of 18.20, a P/E/G ratio of 1.90 and a beta of 0.58. Jack Henry & Associates, Inc. has a 1 year low of $129.25 and a 1 year high of $193.39. The business’s fifty day moving average is $147.08 and its two-hundred day moving average is $165.20. 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 posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.28. The company 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 firm’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, research analysts forecast that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently commented on JKHY shares. 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 report on Tuesday, February 17th. The Goldman Sachs Group dropped their target price on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Royal Bank Of Canada dropped their target price on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Morgan Stanley set a $170.00 price target on Jack Henry & Associates in a report on Friday, May 8th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $198.00 price target on shares of Jack Henry & Associates in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $192.08.

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.