Neumeier Poma Investment Counsel LLC Cuts Stake in Pathward Financial, Inc. $CASH

Neumeier Poma Investment Counsel LLC trimmed its position in shares of Pathward Financial, Inc. (NASDAQ:CASH) by 24.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 264,100 shares of the savings and loans company’s stock after selling 84,490 shares during the quarter. Pathward Financial comprises about 1.5% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 29th biggest holding. Neumeier Poma Investment Counsel LLC’s holdings in Pathward Financial were worth $18,751,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Revolve Wealth Partners LLC purchased a new stake in shares of Pathward Financial during the 4th quarter valued at about $267,437,000. Royal Bank of Canada boosted its holdings in shares of Pathward Financial by 21.2% during the 1st quarter. Royal Bank of Canada now owns 5,057 shares of the savings and loans company’s stock valued at $369,000 after acquiring an additional 886 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Pathward Financial by 61.3% during the 1st quarter. AQR Capital Management LLC now owns 9,152 shares of the savings and loans company’s stock valued at $668,000 after acquiring an additional 3,479 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Pathward Financial by 264.1% during the 1st quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock valued at $9,385,000 after acquiring an additional 93,308 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Pathward Financial during the 2nd quarter valued at about $980,000. 92.66% of the stock is owned by hedge funds and other institutional investors.

Pathward Financial Price Performance

Shares of NASDAQ:CASH opened at $79.05 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $1.67 billion, a PE ratio of 9.39 and a beta of 0.61. The firm’s 50 day moving average price is $87.73 and its 200-day moving average price is $83.69. Pathward Financial, Inc. has a twelve month low of $65.87 and a twelve month high of $101.26.

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

Pathward Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 11th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, June 11th. Pathward Financial’s payout ratio is 2.38%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CASH. Piper Sandler began coverage on shares of Pathward Financial in a report on Thursday, March 12th. They set an “overweight” rating and a $107.00 price target on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a report on Friday, May 8th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $107.50.

Insider Activity at Pathward Financial

In related news, Director Douglas J. Hajek sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $86.37, for a total transaction of $431,850.00. Following the completion of the sale, the director directly 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. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Elizabeth G. Hoople sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $82.29, for a total transaction of $370,305.00. Following the sale, the director owned 28,050 shares of the company’s stock, valued at $2,308,234.50. This trade represents a 13.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.43% of the company’s stock.

Pathward Financial 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.