Quantbot Technologies LP Acquires New Position in Pathward Financial, Inc. $CASH

Quantbot Technologies LP bought a new position in shares of Pathward Financial, Inc. (NASDAQ:CASH) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,347 shares of the savings and loans company’s stock, valued at approximately $740,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CASH. Revolve Wealth Partners LLC acquired a new stake in shares of Pathward Financial during the fourth quarter worth $267,437,000. Nuveen LLC acquired a new stake in Pathward Financial in the 1st quarter worth about $22,795,000. Wellington Management Group LLP purchased a new stake in Pathward Financial in the 1st quarter valued at about $12,999,000. CSM Advisors LLC purchased a new stake in Pathward Financial in the 2nd quarter valued at about $8,461,000. Finally, Millennium Management LLC increased its stake in shares of Pathward Financial by 264.1% during the 1st quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock valued at $9,385,000 after acquiring an additional 93,308 shares during the last quarter. 92.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Pathward Financial currently has an average rating of “Moderate Buy” and a consensus target price of $91.00.

Pathward Financial Price Performance

CASH opened at $73.14 on Wednesday. Pathward Financial, Inc. has a twelve month low of $64.45 and a twelve month high of $86.00. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 9.26 and a beta of 0.75. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $71.03 and a 200 day simple moving average of $75.29.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings data on Tuesday, October 21st. The savings and loans company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.30. The firm had revenue of $186.71 million during the quarter, compared to analyst estimates of $189.50 million. Pathward Financial had a return on equity of 22.97% and a net margin of 22.45%.Pathward Financial’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.35 EPS. Pathward Financial has set its FY 2026 guidance at 8.250-8.750 EPS. Equities research analysts expect that Pathward Financial, Inc. will post 7.26 EPS for the current fiscal year.

Pathward Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Wednesday, December 10th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, December 10th. Pathward Financial’s dividend payout ratio (DPR) is 2.53%.

Insider Buying and Selling

In related news, President Anthony M. Sharett sold 11,500 shares of the business’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $71.55, for a total value of $822,825.00. Following the completion of the sale, the president directly owned 25,155 shares of the company’s stock, valued at $1,799,840.25. The trade was a 31.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Douglas J. Hajek sold 3,000 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $68.11, for a total value of $204,330.00. Following the transaction, the director directly owned 16,631 shares in the company, valued at approximately $1,132,737.41. This represents a 15.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 19,500 shares of company stock worth $1,384,455. Corporate insiders own 1.23% of the company’s stock.

About Pathward Financial

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.