LRT Capital Management LLC Sells 4,356 Shares of Jack Henry & Associates, Inc. $JKHY

LRT Capital Management LLC reduced its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 54.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,623 shares of the technology company’s stock after selling 4,356 shares during the period. LRT Capital Management LLC’s holdings in Jack Henry & Associates were worth $661,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd increased its holdings in shares of Jack Henry & Associates by 3,900.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after buying an additional 195 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Jack Henry & Associates by 2,816.7% during the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after purchasing an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Jack Henry & Associates during the 2nd quarter worth about $35,000. MUFG Securities EMEA plc bought a new stake in Jack Henry & Associates during the 2nd quarter worth approximately $39,000. Finally, United Community Bank purchased a new stake in shares of Jack Henry & Associates in the fourth quarter worth approximately $41,000. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JKHY. Morgan Stanley set a $170.00 price target on shares of Jack Henry & Associates in a research note on Friday, May 8th. DA Davidson restated a “buy” rating and set a $198.00 price target on shares of Jack Henry & Associates in a research report on Monday, May 11th. UBS Group set a $165.00 price objective on shares of Jack Henry & Associates in a report on Thursday, May 7th. Weiss Ratings downgraded shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Finally, Wells Fargo & Company raised shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $181.00 to $196.00 in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.08.

Jack Henry & Associates Stock Performance

Shares of NASDAQ JKHY opened at $128.23 on Friday. The firm has a fifty day moving average price of $144.18 and a 200-day moving average price of $163.82. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74. The stock has a market cap of $9.11 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 1.88 and a beta of 0.58. Jack Henry & Associates, Inc. has a 1 year low of $124.63 and a 1 year high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last posted its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.28. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The company had revenue of $615.93 million during the quarter, compared to analysts’ expectations of $619.67 million. During the same period last year, the company posted $1.52 earnings per share. Jack Henry & Associates’s quarterly revenue 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. Equities analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, June 1st will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a yield of 1.9%. Jack Henry & Associates’s dividend payout ratio (DPR) is 34.13%.

Insider Transactions at Jack Henry & Associates

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

Jack Henry & Associates Company 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.