BNP Paribas Financial Markets Has $30.07 Million Position in Jack Henry & Associates, Inc. $JKHY

BNP Paribas Financial Markets boosted its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 20.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,783 shares of the technology company’s stock after acquiring an additional 28,162 shares during the quarter. BNP Paribas Financial Markets’ holdings in Jack Henry & Associates were worth $30,070,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Advisory Services Network LLC raised its stake in Jack Henry & Associates by 2.6% during the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company’s stock worth $466,000 after acquiring an additional 69 shares in the last quarter. DNB Asset Management AS raised its stake in Jack Henry & Associates by 0.6% during the fourth quarter. DNB Asset Management AS now owns 13,261 shares of the technology company’s stock worth $2,420,000 after acquiring an additional 76 shares in the last quarter. Huntington National Bank raised its stake in Jack Henry & Associates by 14.5% during the third quarter. Huntington National Bank now owns 615 shares of the technology company’s stock worth $92,000 after acquiring an additional 78 shares in the last quarter. Prime Capital Investment Advisors LLC raised its stake in Jack Henry & Associates by 4.0% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 2,012 shares of the technology company’s stock worth $367,000 after acquiring an additional 78 shares in the last quarter. Finally, Tidal Investments LLC raised its stake in Jack Henry & Associates by 0.4% during the second quarter. Tidal Investments LLC now owns 19,435 shares of the technology company’s stock worth $3,502,000 after acquiring an additional 79 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on JKHY shares. Royal Bank Of Canada dropped their price objective on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. The Goldman Sachs Group dropped their price objective on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Stephens upgraded Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 target price for the company in a research note on Thursday, February 5th. Robert W. Baird upgraded Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 target price for the company in a research note on Thursday, February 5th. Finally, Morgan Stanley set a $170.00 target price on Jack Henry & Associates in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Jack Henry & Associates has an average rating of “Moderate Buy” and an average price target of $192.08.

Insider Activity

In other news, CEO Gregory R. Adelson purchased 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average price of $133.42 per share, for a total transaction of $266,840.00. Following the completion of the acquisition, the chief executive officer directly owned 21,036 shares in the company, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mimi Carsley purchased 375 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the acquisition, the chief financial officer owned 6,007 shares of the company’s stock, valued at $805,658.84. The trade was a 6.66% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.60% of the stock is owned by company insiders.

Jack Henry & Associates Stock Performance

Shares of NASDAQ:JKHY opened at $130.73 on Friday. Jack Henry & Associates, Inc. has a twelve month low of $130.66 and a twelve month high of $193.39. The firm has a market cap of $9.29 billion, a PE ratio of 18.28, a price-to-earnings-growth ratio of 1.95 and a beta of 0.58. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. The business has a fifty day moving average of $147.62 and a 200-day moving average of $165.44.

Jack Henry & Associates (NASDAQ:JKHY) last announced its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The company had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. During the same period last year, the company posted $1.52 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities research analysts predict that Jack Henry & Associates, Inc. will post 6.84 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, June 1st will be issued a $0.61 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.44 annualized dividend and a yield of 1.9%. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 34.13%.

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.