Vanguard Group Inc. Cuts Position in Pathward Financial, Inc. $CASH

Vanguard Group Inc. lessened its holdings in Pathward Financial, Inc. (NASDAQ:CASH) by 18.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,517,110 shares of the savings and loans company’s stock after selling 340,235 shares during the period. Vanguard Group Inc. owned about 0.07% of Pathward Financial worth $107,715,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in Pathward Financial by 43,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after buying an additional 432 shares in the last quarter. State of Wyoming acquired a new position in shares of Pathward Financial during the 2nd quarter worth approximately $46,000. PNC Financial Services Group Inc. boosted its holdings in shares of 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 worth $169,000 after purchasing an additional 218 shares during the last quarter. denkapparat Operations GmbH acquired a new position in shares of Pathward Financial during the 3rd quarter worth approximately $219,000. Finally, Brevan Howard Capital Management LP acquired a new position in shares of Pathward Financial during the 3rd quarter worth approximately $220,000. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Analyst Ratings Changes

CASH has been the topic of several recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a report on Friday. Piper Sandler started coverage on Pathward Financial in a report on Thursday, March 12th. They issued an “overweight” rating and a $107.00 price objective on the stock. Keefe, Bruyette & Woods upped their price objective on Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Wall Street Zen cut Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Pathward Financial has an average rating of “Buy” and a consensus price target of $107.50.

Pathward Financial Trading Down 1.4%

CASH opened at $82.59 on Wednesday. Pathward Financial, Inc. has a one year low of $65.87 and a one year high of $101.26. The stock has a market capitalization of $1.74 billion, a PE ratio of 9.81 and a beta of 0.64. The business’s 50 day moving average price is $90.85 and its 200 day moving average price is $82.19. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.81.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $3.35 EPS for the quarter, meeting analysts’ consensus estimates of $3.35. Pathward Financial had a return on equity of 22.35% and a net margin of 22.42%.The firm had revenue of $276.30 million for the quarter, compared to analysts’ expectations of $272.04 million. During the same period in the prior year, the firm posted $3.11 earnings per share. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, equities research analysts expect that Pathward Financial, Inc. will post 8.73 EPS for the current year.

Pathward Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, March 12th. Pathward Financial’s dividend payout ratio is 2.38%.

Insiders Place Their Bets

In other Pathward Financial news, CEO Brett L. Pharr sold 15,641 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the transaction, the chief executive officer directly owned 78,261 shares in the company, valued at $7,347,142.68. This 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 available at the SEC website. Also, Director Douglas J. Hajek sold 5,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $86.37, for a total value of $431,850.00. Following the completion of the sale, the director owned 12,281 shares in the company, valued at approximately $1,060,709.97. The trade was a 28.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is owned by corporate insiders.

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.