Fifth Third Wealth Advisors LLC Makes New $488,000 Investment in Jack Henry & Associates, Inc. $JKHY

Fifth Third Wealth Advisors LLC bought a new stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,276 shares of the technology company’s stock, valued at approximately $488,000.

Several other hedge funds and other institutional investors have also modified their holdings of JKHY. Hantz Financial Services Inc. acquired a new stake in Jack Henry & Associates during the second quarter valued at $27,000. CYBER HORNET ETFs LLC acquired a new stake in Jack Henry & Associates in the second quarter valued at approximately $35,000. Private Trust Co. NA lifted its stake in Jack Henry & Associates by 49.0% in the second quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock valued at $39,000 after acquiring an additional 71 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in Jack Henry & Associates in the second quarter worth approximately $39,000. Finally, Steph & Co. acquired a new position in shares of Jack Henry & Associates during the 2nd quarter worth $51,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director David B. Foss sold 20,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $174.92, for a total transaction of $3,498,400.00. Following the transaction, the director owned 128,133 shares in the company, valued at approximately $22,413,024.36. The trade was a 13.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Shanon G. Mclachlan sold 227 shares of the 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 approximately $228,378.60. The trade was a 13.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.60% of the company’s stock.

Jack Henry & Associates Price Performance

Shares of NASDAQ:JKHY opened at $181.46 on Tuesday. The company has a market cap of $13.13 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 3.08 and a beta of 0.73. The business has a 50 day moving average price of $173.46 and a 200 day moving average price of $167.52. 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 twelve month low of $144.12 and a twelve month high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings results on Tuesday, November 4th. The technology company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.33. Jack Henry & Associates had a return on equity of 23.11% and a net margin of 19.86%.The company had revenue of $636.11 million during the quarter, compared to analyst estimates of $634.42 million. During the same period in the previous year, the company earned $1.63 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. Research analysts predict that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on JKHY shares. Wall Street Zen lowered shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Robert W. Baird upped their price target on Jack Henry & Associates from $180.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, December 15th. Compass Point raised Jack Henry & Associates from a “neutral” rating to a “buy” rating and raised their price objective for the company from $179.00 to $187.00 in a research note on Thursday, November 6th. Keefe, Bruyette & Woods upgraded Jack Henry & Associates from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $170.00 to $215.00 in a report on Monday, December 8th. Finally, Raymond James Financial upgraded Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 price target on the stock in a report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and an average price target of $190.44.

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.