Capstone Investment Advisors LLC Buys New Holdings in Pathward Financial, Inc. $CASH

Capstone Investment Advisors LLC purchased a new position in shares of Pathward Financial, Inc. (NASDAQ:CASH) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,093 shares of the savings and loans company’s stock, valued at approximately $618,000.

A number of other large investors also recently modified their holdings of CASH. First Trust Advisors LP increased its stake in Pathward Financial by 42.5% in the first quarter. First Trust Advisors LP now owns 85,411 shares of the savings and loans company’s stock valued at $7,621,000 after acquiring an additional 25,478 shares during the last quarter. Renaissance Technologies LLC bought a new stake in Pathward Financial during the first quarter worth about $4,110,000. WCM Investment Management LLC bought a new stake in Pathward Financial during the first quarter worth about $5,488,000. Horizon Investments LLC purchased a new position in shares of Pathward Financial in the 4th quarter worth about $603,000. Finally, Quantinno Capital Management LP purchased a new position in shares of Pathward Financial in the 1st quarter worth about $1,101,000. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

Pathward Financial Stock Performance

Shares of CASH stock opened at $81.50 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.81 and a current ratio of 0.82. Pathward Financial, Inc. has a fifty-two week low of $65.87 and a fifty-two week high of $101.26. The stock has a 50 day moving average price of $87.18 and a two-hundred day moving average price of $87.95. The company has a market capitalization of $1.69 billion, a P/E ratio of 10.21 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last issued its earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.95 by ($0.58). Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.The firm had revenue of $189.64 million during the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. Analysts expect that Pathward Financial, Inc. will post 7.93 earnings per share for the current year.

Pathward Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a $0.05 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Pathward Financial’s payout ratio is presently 2.51%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CASH. Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a report on Wednesday, August 5th. Piper Sandler reaffirmed an “overweight” rating and issued a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research note on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $101.00.

Pathward Financial Company Profile

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.