Pacer Advisors Inc. Acquires 6,502 Shares of Jack Henry & Associates, Inc. $JKHY

Pacer Advisors Inc. boosted its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 109.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,455 shares of the technology company’s stock after acquiring an additional 6,502 shares during the quarter. Pacer Advisors Inc.’s holdings in Jack Henry & Associates were worth $2,273,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in Jack Henry & Associates by 6,728.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 621,546 shares of the technology company’s stock valued at $113,420,000 after buying an additional 612,444 shares during the period. Pensionfund Sabic bought a new stake in shares of Jack Henry & Associates during the fourth quarter valued at approximately $1,204,000. Dynamic Technology Lab Private Ltd raised its stake in shares of Jack Henry & Associates by 164.4% during the third quarter. Dynamic Technology Lab Private Ltd now owns 11,437 shares of the technology company’s stock valued at $1,703,000 after acquiring an additional 7,111 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in shares of Jack Henry & Associates by 47.6% in the fourth quarter. Baillie Gifford & Co. now owns 496,603 shares of the technology company’s stock valued at $90,620,000 after purchasing an additional 160,118 shares during the period. Finally, Mackenzie Financial Corp boosted its holdings in shares of Jack Henry & Associates by 1.0% in the third quarter. Mackenzie Financial Corp now owns 935,946 shares of the technology company’s stock valued at $139,390,000 after purchasing an additional 9,059 shares during the period. Institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Stock Performance

Shares of NASDAQ:JKHY opened at $125.25 on Wednesday. The firm has a 50 day moving average of $140.08 and a 200 day moving average of $161.42. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 17.52, a price-to-earnings-growth ratio of 1.81 and a beta of 0.58. Jack Henry & Associates, Inc. has a 52 week low of $121.04 and a 52 week high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last announced its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The business had revenue of $615.93 million for the quarter, compared to analysts’ expectations of $619.67 million. During the same quarter last year, the firm earned $1.52 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, sell-side analysts predict that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were paid a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio is 34.13%.

Insider Transactions at Jack Henry & Associates

In other news, CEO Gregory R. Adelson bought 2,000 shares of Jack Henry & Associates stock in a transaction on Thursday, May 14th. The stock was acquired at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the completion of the acquisition, the chief executive officer owned 21,036 shares of the company’s stock, valued at $2,806,623.12. This trade represents a 10.51% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Mimi Carsley purchased 375 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $134.12 per share, with a total value of $50,295.00. Following the completion of the transaction, the chief financial officer owned 6,007 shares of the company’s stock, valued at approximately $805,658.84. The trade was a 6.66% increase in their position. The SEC filing for this purchase provides additional information. 0.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on JKHY shares. DA Davidson restated a “buy” rating and set a $198.00 price objective on shares of Jack Henry & Associates in a report on Monday, May 11th. Weiss Ratings downgraded Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. UBS Group set a $165.00 price target on Jack Henry & Associates in a research note on Thursday, May 7th. Royal Bank Of Canada decreased their price objective on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a report on Thursday, June 18th. Finally, Loop Capital initiated coverage on shares of Jack Henry & Associates in a research note on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $191.54.

Jack Henry & Associates Profile

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.