Jupiter Asset Management Ltd. Decreases Stake in Pathward Financial, Inc. $CASH

Jupiter Asset Management Ltd. lowered its position in shares of Pathward Financial, Inc. (NASDAQ:CASH) by 54.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 74,763 shares of the savings and loans company’s stock after selling 89,006 shares during the quarter. Jupiter Asset Management Ltd. owned 0.33% of Pathward Financial worth $5,533,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. denkapparat Operations GmbH purchased a new stake in shares of Pathward Financial during the third quarter valued at approximately $219,000. Vanguard Group Inc. grew its stake in Pathward Financial by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,857,345 shares of the savings and loans company’s stock valued at $137,462,000 after purchasing an additional 14,130 shares during the period. PNC Financial Services Group Inc. grew its stake in Pathward Financial by 10.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,281 shares of the savings and loans company’s stock valued at $169,000 after purchasing an additional 218 shares during the period. Wedbush Securities Inc. increased its position in shares of Pathward Financial by 18.4% during the 3rd quarter. Wedbush Securities Inc. now owns 4,109 shares of the savings and loans company’s stock valued at $304,000 after purchasing an additional 639 shares during the last quarter. Finally, SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co increased its position in shares of Pathward Financial by 1.6% during the 3rd quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 15,726 shares of the savings and loans company’s stock valued at $1,164,000 after purchasing an additional 241 shares during the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CASH. Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Keefe, Bruyette & Woods raised shares of Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research report on Friday, January 23rd. Finally, Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $97.00.

Pathward Financial Stock Up 1.3%

CASH stock opened at $95.71 on Friday. The stock has a fifty day moving average of $81.19 and a 200-day moving average of $76.16. Pathward Financial, Inc. has a fifty-two week low of $64.45 and a fifty-two week high of $96.06. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 11.70 and a beta of 0.75. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81.

Pathward Financial (NASDAQ:CASH) last announced its quarterly earnings data on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. The business had revenue of $173.10 million for the quarter, compared to analysts’ expectations of $185.80 million. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, equities research analysts predict that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.