Jack Henry & Associates, Inc. $JKHY Shares Sold by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC reduced its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 30.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,186 shares of the technology company’s stock after selling 60,650 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Jack Henry & Associates were worth $20,080,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in JKHY. Essential Partners LLC grew its stake in Jack Henry & Associates by 65.8% in the first quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock valued at $29,000 after purchasing an additional 73 shares during the last quarter. Root Financial Partners LLC bought a new position in Jack Henry & Associates in the third quarter worth about $34,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Jack Henry & Associates during the first quarter valued at about $63,000. Mather Group LLC. lifted its position in shares of Jack Henry & Associates by 75.1% during the third quarter. Mather Group LLC. now owns 408 shares of the technology company’s stock valued at $58,000 after buying an additional 175 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Jack Henry & Associates by 42.0% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 433 shares of the technology company’s stock valued at $68,000 after buying an additional 128 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Trading Up 10.8%

Jack Henry & Associates stock opened at $179.16 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a market cap of $12.56 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 2.00 and a beta of 0.55. The stock has a 50-day moving average of $156.74 and a two-hundred day moving average of $154.53. Jack Henry & Associates, Inc. has a one year low of $121.04 and a one year high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.21. Jack Henry & Associates had a return on equity of 24.38% and a net margin of 19.96%. The business had revenue of $682.18 million for the quarter, compared to analyst estimates of $685.54 million. During the same quarter in the previous year, the firm earned $1.97 earnings per share. The company’s revenue was up 8.8% on a year-over-year basis. On average, research analysts anticipate that Jack Henry & Associates, Inc. will post 7.30 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Monday, September 7th were paid a $0.61 dividend. The ex-dividend date was Friday, September 4th. This represents a $2.44 dividend on an annualized basis and a yield of 1.4%. Jack Henry & Associates’s dividend payout ratio (DPR) is 35.01%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on JKHY. Oppenheimer lifted their price objective on shares of Jack Henry & Associates from $208.00 to $209.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Raymond James Financial increased their target price on shares of Jack Henry & Associates from $192.00 to $199.00 and gave the company a “strong-buy” rating in a research report on Wednesday, September 16th. Weiss Ratings upgraded shares of Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 20th. The Goldman Sachs Group raised their target price on shares of Jack Henry & Associates from $158.00 to $178.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. Finally, Stephens began coverage on shares of Jack Henry & Associates in a report on Tuesday, August 11th. They issued an “overweight” rating and a $200.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $190.00.

Key Jack Henry & Associates News

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Jack Henry raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51 and is targeting 58–65 new core-system wins. The higher earnings forecast and sales target suggest management is confident in growth prospects. Article: Jack Henry raises FY2027 GAAP EPS view
• Positive Sentiment: In fiscal Q1 2027, EPS was $2.28, ahead of analyst estimates of roughly $2.03–$2.07 and up from $1.97 a year earlier. Revenue grew 8.8% year over year, while operating income also increased, supporting the view that the business is growing profitably. Article: Jack Henry reports first-quarter fiscal 2027 results
• Neutral Sentiment: Some coverage questioned whether the strong quarter makes JKHY attractive at its current valuation, suggesting the earnings beat and guidance raise may already be reflected in the stock. Article: Jack Henry & Associates’ Strong Showing Isn’t A Reason To Hop On Board

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company that provides software, payment solutions and technology services to banks and credit unions. Its offerings are designed to support core banking operations, digital banking, account management, lending, payments, fraud prevention and other financial institution functions.

The company serves community and regional banks, credit unions and other financial services organizations in the United States. Its products are delivered through integrated platforms and services intended to help financial institutions manage daily operations, improve customer and member experiences, and connect with third-party financial technology providers.

Founded in 1976 and headquartered in Monett, Missouri, Jack Henry has expanded through internal development and acquisitions, including the 2004 acquisition of Symitar, a provider of core processing and related technology for credit unions.