SG Americas Securities LLC Buys 186,920 Shares of Jack Henry & Associates, Inc. $JKHY

SG Americas Securities LLC lifted its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 248.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,109 shares of the technology company’s stock after acquiring an additional 186,920 shares during the period. SG Americas Securities LLC’s holdings in Jack Henry & Associates were worth $41,424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JKHY. State Street Corp grew its holdings in Jack Henry & Associates by 2.4% during the third quarter. State Street Corp now owns 4,103,290 shares of the technology company’s stock valued at $611,103,000 after purchasing an additional 97,140 shares during the period. Invesco Ltd. raised its holdings in Jack Henry & Associates by 9.5% in the third quarter. Invesco Ltd. now owns 1,800,777 shares of the technology company’s stock worth $268,190,000 after purchasing an additional 155,616 shares during the period. Wells Fargo & Company MN boosted its position in shares of Jack Henry & Associates by 4.9% during the fourth quarter. Wells Fargo & Company MN now owns 1,415,221 shares of the technology company’s stock worth $258,250,000 after purchasing an additional 66,633 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Jack Henry & Associates by 160.2% during the fourth 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 purchasing an additional 831,372 shares in the last quarter. Finally, Van ECK Associates Corp grew 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 period. Institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Trading Up 1.5%

NASDAQ JKHY opened at $125.25 on Wednesday. Jack Henry & Associates, Inc. has a 52 week low of $121.04 and a 52 week high of $193.39. 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 stock’s 50 day moving average price is $140.08 and its two-hundred day moving average price is $161.42. The stock has a market capitalization of $8.90 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.81 and a beta of 0.58.

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

Jack Henry & Associates Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Monday, June 1st were paid a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s payout ratio is presently 34.13%.

Analyst Upgrades and Downgrades

JKHY has been the subject of a number of recent analyst reports. Morgan Stanley set a $170.00 price objective on shares of Jack Henry & Associates in a research report on Friday, May 8th. Weiss Ratings lowered Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. DA Davidson reissued a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a research note on Monday, May 11th. Royal Bank Of Canada lowered their price target on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a report on Thursday, June 18th. Finally, Loop Capital initiated coverage on Jack Henry & Associates in a research report on Tuesday, March 31st. They set a “buy” rating and a $197.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $191.54.

Insider Activity

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

Jack Henry & Associates 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.