4,566 Shares in Jack Henry & Associates, Inc. $JKHY Purchased by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. purchased a new stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,566 shares of the technology company’s stock, valued at approximately $823,000.

Other large investors have also recently added to or reduced their stakes in the company. Summit Securities Group LLC acquired a new position in Jack Henry & Associates in the 1st quarter valued at approximately $26,000. Cullen Frost Bankers Inc. acquired a new position in Jack Henry & Associates in the 1st quarter valued at approximately $38,000. Private Trust Co. NA raised its holdings in Jack Henry & Associates by 49.0% in the 2nd quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock valued at $39,000 after acquiring an additional 71 shares in the last quarter. Assetmark Inc. raised its holdings in Jack Henry & Associates by 147.5% in the 1st quarter. Assetmark Inc. now owns 250 shares of the technology company’s stock valued at $46,000 after acquiring an additional 149 shares in the last quarter. Finally, National Pension Service raised its holdings in Jack Henry & Associates by 75.2% in the 1st quarter. National Pension Service now owns 268 shares of the technology company’s stock valued at $49,000 after acquiring an additional 115 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on JKHY. Wall Street Zen cut Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. The Goldman Sachs Group dropped their target price on Jack Henry & Associates from $173.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, October 13th. DA Davidson set a $204.00 target price on Jack Henry & Associates in a report on Friday, August 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Jack Henry & Associates in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods dropped their target price on Jack Henry & Associates from $178.00 to $170.00 and set a “market perform” rating for the company in a report on Wednesday, October 1st. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $173.25.

Jack Henry & Associates Price Performance

JKHY stock opened at $152.93 on Monday. The business has a fifty day moving average price of $156.63 and a 200 day moving average price of $169.57. Jack Henry & Associates, Inc. has a fifty-two week low of $144.12 and a fifty-two week high of $196.00. The stock has a market capitalization of $11.11 billion, a price-to-earnings ratio of 24.51, a P/E/G ratio of 2.77 and a beta of 0.78.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, August 19th. The technology company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.25. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The firm had revenue of $615.37 million during the quarter, compared to analysts’ expectations of $602.20 million. During the same period last year, the firm posted $1.33 EPS. The business’s revenue was up 9.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at EPS. On average, equities analysts expect that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 5th were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, September 5th. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 37.18%.

Insider Buying and Selling

In other Jack Henry & Associates news, Director David B. Foss sold 5,780 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $167.28, for a total value of $966,878.40. Following the transaction, the director directly owned 139,265 shares in the company, valued at approximately $23,296,249.20. This trade represents a 3.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.60% of the company’s stock.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.