Engineers Gate Manager LP Has $25.89 Million Stock Position in Jack Henry & Associates, Inc. $JKHY

Engineers Gate Manager LP grew its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 400.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,850 shares of the technology company’s stock after acquiring an additional 113,531 shares during the quarter. Engineers Gate Manager LP’s holdings in Jack Henry & Associates were worth $25,885,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JKHY. Van ECK Associates Corp boosted its holdings in shares of Jack Henry & Associates by 1,911.3% in the 3rd quarter. Van ECK Associates Corp now owns 1,111,632 shares of the technology company’s stock valued at $165,555,000 after buying an additional 1,056,362 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Jack Henry & Associates by 160.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,350,393 shares of the technology company’s stock worth $246,420,000 after buying an additional 831,372 shares during the period. Norges Bank bought a new position in Jack Henry & Associates during the 4th quarter worth $128,744,000. Northwestern Mutual Wealth Management Co. increased its position in Jack Henry & Associates by 6,728.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 621,546 shares of the technology company’s stock worth $113,420,000 after buying an additional 612,444 shares during the period. Finally, Balyasny Asset Management L.P. increased its position in shares of Jack Henry & Associates by 560.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 557,078 shares of the technology company’s stock worth $101,656,000 after purchasing an additional 472,698 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $124.22 on Thursday. The stock has a market cap of $8.83 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 1.89 and a beta of 0.58. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04. The stock’s 50-day moving average is $142.39 and its 200-day moving average is $162.81. Jack Henry & Associates, Inc. has a 1-year low of $123.56 and a 1-year high of $193.39.

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

Jack Henry & Associates Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, June 1st. Jack Henry & Associates’s payout ratio is 34.13%.

Analyst Ratings Changes

A number of brokerages recently commented on JKHY. The Goldman Sachs Group decreased their price target on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Royal Bank Of Canada dropped their price target 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. DA Davidson restated a “buy” rating and set a $198.00 price objective on shares of Jack Henry & Associates in a research report on Monday, May 11th. Loop Capital began coverage on Jack Henry & Associates in a research report on Tuesday, March 31st. They set a “buy” rating and a $197.00 price objective on the stock. Finally, UBS Group set a $165.00 target price on Jack Henry & Associates in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.08.

Insider Activity

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

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.