Gator Capital Management LLC Makes New Investment in Pathward Financial, Inc. $CASH

Gator Capital Management LLC acquired a new stake in Pathward Financial, Inc. (NASDAQ:CASH) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 8,369 shares of the savings and loans company’s stock, valued at approximately $619,000.

A number of other hedge funds also recently made changes to their positions in CASH. EverSource Wealth Advisors LLC lifted its position in shares of Pathward Financial by 43,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after purchasing an additional 432 shares in the last quarter. State of Wyoming acquired a new stake in Pathward Financial during the 2nd quarter valued at $46,000. PNC Financial Services Group Inc. grew its holdings in Pathward Financial by 10.6% during 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 in the last quarter. Financiere des Professionnels Fonds d investissement inc. increased its stake in Pathward Financial by 30.5% during the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 2,551 shares of the savings and loans company’s stock worth $189,000 after buying an additional 596 shares during the period. Finally, Profund Advisors LLC purchased a new stake in Pathward Financial during the 2nd quarter worth $210,000. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Pathward Financial Stock Up 0.8%

Shares of NASDAQ:CASH opened at $89.81 on Friday. The firm has a market cap of $1.95 billion, a PE ratio of 10.98 and a beta of 0.74. The company has a fifty day simple moving average of $86.23 and a 200 day simple moving average of $77.73. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. Pathward Financial, Inc. has a 12-month low of $64.45 and a 12-month high of $96.06.

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

Pathward Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Pathward Financial’s dividend payout ratio (DPR) is presently 2.44%.

Insider Activity at Pathward Financial

In related news, CEO Brett L. Pharr sold 15,641 shares of Pathward Financial stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the completion of the transaction, the chief executive officer directly owned 78,261 shares in the company, valued at approximately $7,347,142.68. This trade represents a 16.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wall Street Zen lowered shares of Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Piper Sandler began coverage on Pathward Financial in a research report on Thursday. They set an “overweight” rating and a $107.00 target price on the stock. Keefe, Bruyette & Woods upgraded Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research note on Friday, January 23rd. Finally, Weiss Ratings raised Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $103.50.

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.