Mawer Investment Management Ltd. Raises Holdings in Pathward Financial, Inc. $CASH

Mawer Investment Management Ltd. increased its position in Pathward Financial, Inc. (NASDAQ:CASHFree Report) by 35.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 346,061 shares of the savings and loans company’s stock after buying an additional 91,066 shares during the period. Mawer Investment Management Ltd. owned 1.52% of Pathward Financial worth $25,612,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its stake in Pathward Financial by 2.3% in the 2nd quarter. Osaic Holdings Inc. now owns 5,826 shares of the savings and loans company’s stock worth $461,000 after acquiring an additional 133 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Pathward Financial by 8.4% in the second quarter. Nisa Investment Advisors LLC now owns 2,204 shares of the savings and loans company’s stock worth $174,000 after purchasing an additional 170 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its position in Pathward Financial by 3.9% in the third quarter. Campbell & CO Investment Adviser LLC now owns 4,906 shares of the savings and loans company’s stock worth $363,000 after purchasing an additional 186 shares during the last quarter. California State Teachers Retirement System raised its stake in Pathward Financial by 1.0% during the second quarter. California State Teachers Retirement System now owns 22,993 shares of the savings and loans company’s stock valued at $1,819,000 after purchasing an additional 221 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in Pathward Financial by 7.1% during the second quarter. Concurrent Investment Advisors LLC now owns 3,445 shares of the savings and loans company’s stock valued at $273,000 after purchasing an additional 228 shares during the last quarter. 92.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on CASH shares. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Wall Street Zen lowered Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research note on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Pathward Financial presently has an average rating of “Buy” and a consensus target price of $97.00.

Check Out Our Latest Analysis on CASH

Pathward Financial Price Performance

CASH stock opened at $90.29 on Monday. Pathward Financial, Inc. has a 12 month low of $64.45 and a 12 month high of $91.00. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average price of $75.36 and a 200 day moving average price of $74.68. The stock has a market cap of $2.00 billion, a PE ratio of 11.04 and a beta of 0.75.

Pathward Financial (NASDAQ:CASHGet Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.19. The business had revenue of $173.10 million during the quarter, compared to the consensus estimate of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Equities research analysts anticipate that Pathward Financial, Inc. will post 7.26 earnings per share for the current year.

Pathward Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 10th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, December 10th. Pathward Financial’s dividend payout ratio is 2.44%.

Pathward Financial Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Pathward Financial (NASDAQ:CASH)

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