Voya Investment Management LLC Grows Stock Position in Jack Henry & Associates, Inc. $JKHY

Voya Investment Management LLC boosted its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 32.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,701 shares of the technology company’s stock after acquiring an additional 16,235 shares during the period. Voya Investment Management LLC’s holdings in Jack Henry & Associates were worth $9,785,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JKHY. Vanguard Group Inc. grew its holdings in shares of Jack Henry & Associates by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 8,843,282 shares of the technology company’s stock worth $1,593,294,000 after purchasing an additional 43,974 shares during the period. State Street Corp lifted its position in Jack Henry & Associates by 2.6% in the second quarter. State Street Corp now owns 4,006,150 shares of the technology company’s stock valued at $721,788,000 after buying an additional 102,534 shares during the last quarter. Geode Capital Management LLC boosted its stake in Jack Henry & Associates by 3.0% during the second quarter. Geode Capital Management LLC now owns 2,095,237 shares of the technology company’s stock worth $376,816,000 after buying an additional 61,292 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Jack Henry & Associates by 22.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,668,602 shares of the technology company’s stock valued at $300,632,000 after acquiring an additional 301,600 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Jack Henry & Associates by 0.8% during the second quarter. Invesco Ltd. now owns 1,645,161 shares of the technology company’s stock valued at $296,409,000 after acquiring an additional 13,745 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Analyst Upgrades and Downgrades

JKHY has been the subject of a number of research analyst reports. Compass Point raised shares of Jack Henry & Associates from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $179.00 to $187.00 in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Jack Henry & Associates in a research report on Wednesday, October 8th. Raymond James Financial upgraded Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 price objective on the stock in a report on Thursday, November 20th. Keefe, Bruyette & Woods raised Jack Henry & Associates from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $170.00 to $215.00 in a research note on Monday, December 8th. Finally, Wells Fargo & Company lifted their target price on Jack Henry & Associates from $161.00 to $164.00 and gave the company an “equal weight” rating in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $190.44.

Jack Henry & Associates Stock Down 0.0%

Shares of Jack Henry & Associates stock opened at $185.31 on Wednesday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.01. Jack Henry & Associates, Inc. has a 52-week low of $144.12 and a 52-week high of $196.00. The company has a market capitalization of $13.41 billion, a P/E ratio of 28.16, a P/E/G ratio of 3.20 and a beta of 0.73. The company has a 50 day moving average of $168.36 and a 200 day moving average of $167.31.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings data on Tuesday, November 4th. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.33. The company had revenue of $636.11 million for the quarter, compared to the consensus estimate of $634.42 million. Jack Henry & Associates had a net margin of 19.86% and a return on equity of 23.11%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.63 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. As a group, research analysts forecast that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 2nd were paid a $0.58 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $2.32 dividend on an annualized basis and a yield of 1.3%. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 35.26%.

Insider Transactions at Jack Henry & Associates

In other news, Director David B. Foss sold 20,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $174.92, for a total transaction of $3,498,400.00. Following the sale, the director owned 128,133 shares of the company’s stock, valued at approximately $22,413,024.36. This trade represents a 13.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Shanon G. Mclachlan sold 227 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $160.83, for a total value of $36,508.41. Following the sale, the chief operating officer owned 1,420 shares of the company’s stock, valued at approximately $228,378.60. The trade was a 13.78% decrease in their position. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by insiders.

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.