Security Financial Services INC. Acquires Shares of 2,055 Jack Henry & Associates, Inc. $JKHY

Security Financial Services INC. bought a new stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,055 shares of the technology company’s stock, valued at approximately $370,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in shares of Jack Henry & Associates by 2.1% in the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,115 shares of the technology company’s stock valued at $569,000 after purchasing an additional 64 shares in the last quarter. Strengthening Families & Communities LLC grew its position in Jack Henry & Associates by 12.1% during the 1st quarter. Strengthening Families & Communities LLC now owns 632 shares of the technology company’s stock worth $105,000 after acquiring an additional 68 shares during the last quarter. Blue Trust Inc. raised its position in Jack Henry & Associates by 11.3% in the second quarter. Blue Trust Inc. now owns 670 shares of the technology company’s stock valued at $121,000 after purchasing an additional 68 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of Jack Henry & Associates by 49.0% during the second quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock worth $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Phillips Wealth Planners LLC increased its stake in shares of Jack Henry & Associates by 4.7% in the second quarter. Phillips Wealth Planners LLC now owns 1,611 shares of the technology company’s stock valued at $290,000 after buying an additional 73 shares during the period. Institutional investors own 98.75% of the company’s stock.

Insider Activity

In other news, COO Shanon G. Mclachlan sold 227 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $160.83, for a total transaction of $36,508.41. Following the completion of the sale, the chief operating officer owned 1,420 shares of the company’s stock, valued at $228,378.60. This represents a 13.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on JKHY. Compass Point upgraded shares of Jack Henry & Associates from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $179.00 to $187.00 in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jack Henry & Associates in a research note on Wednesday, October 8th. Wall Street Zen downgraded shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. DA Davidson dropped their price target on Jack Henry & Associates from $204.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Finally, Robert W. Baird set a $172.00 price target on Jack Henry & Associates in a research report on Friday, October 17th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $177.25.

Jack Henry & Associates Stock Down 0.8%

Shares of JKHY opened at $164.02 on Friday. The stock has a market capitalization of $11.87 billion, a P/E ratio of 26.29, a PEG ratio of 2.74 and a beta of 0.76. Jack Henry & Associates, Inc. has a twelve month low of $144.12 and a twelve month high of $196.00. The firm has a fifty day simple moving average of $154.90 and a two-hundred day simple moving average of $167.74.

Jack Henry & Associates (NASDAQ:JKHY) last posted its earnings results on Tuesday, November 4th. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.33. The company had revenue of $636.11 million during the quarter, compared to analyst estimates of $634.42 million. Jack Henry & Associates had a net margin of 19.19% and a return on equity of 22.60%. Jack Henry & Associates’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.63 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. Sell-side analysts expect that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, December 2nd. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 35.26%.

Jack Henry & Associates Profile

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.