Pathward Financial, Inc. $CASH Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. lifted its holdings in Pathward Financial, Inc. (NASDAQ:CASH) by 39.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 151,892 shares of the savings and loans company’s stock after buying an additional 42,992 shares during the quarter. Principal Financial Group Inc.’s holdings in Pathward Financial were worth $13,553,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Revolve Wealth Partners LLC acquired a new position in shares of Pathward Financial in the 4th quarter valued at about $267,437,000. Royal Bank of Canada raised its stake in Pathward Financial by 21.2% during the first quarter. Royal Bank of Canada now owns 5,057 shares of the savings and loans company’s stock worth $369,000 after acquiring an additional 886 shares during the period. AQR Capital Management LLC lifted its holdings in Pathward Financial by 61.3% in the first quarter. AQR Capital Management LLC now owns 9,152 shares of the savings and loans company’s stock worth $668,000 after acquiring an additional 3,479 shares during the last quarter. Millennium Management LLC lifted its holdings in Pathward Financial by 264.1% in the first quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock worth $9,385,000 after acquiring an additional 93,308 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Pathward Financial in the second quarter valued at approximately $980,000. 92.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Piper Sandler reaffirmed an “overweight” rating and set a $105.00 target price (down from $107.00) on shares of Pathward Financial in a report on Thursday. Keefe, Bruyette & Woods cut their price target on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $101.00.

Pathward Financial Stock Down 6.3%

CASH stock opened at $83.12 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. Pathward Financial, Inc. has a fifty-two week low of $65.87 and a fifty-two week high of $101.26. The firm’s 50-day simple moving average is $84.90 and its 200 day simple moving average is $87.14. The stock has a market cap of $1.75 billion, a PE ratio of 10.42 and a beta of 0.60.

Pathward Financial (NASDAQ:CASH) last posted its earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). Pathward Financial had a net margin of 21.03% and a return on equity of 20.59%. The firm had revenue of $189.64 million for the quarter, compared to analyst estimates of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. As a group, sell-side analysts predict that Pathward Financial, Inc. will post 8.73 EPS for the current year.

Pathward Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, June 11th. Pathward Financial’s payout ratio is 2.51%.

Insider Activity at Pathward Financial

In related news, Director Douglas J. Hajek sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total value of $431,850.00. Following the sale, the director directly owned 12,281 shares in the company, valued at $1,060,709.97. This trade represents a 28.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Elizabeth G. Hoople sold 4,500 shares of the firm’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 value of $370,305.00. Following the completion of the sale, the director owned 28,050 shares in the company, valued at approximately $2,308,234.50. This represents a 13.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.43% of the company’s stock.

Pathward Financial News Summary

Here are the key news stories impacting Pathward Financial this week:

• Positive Sentiment: Piper Sandler reaffirmed its overweight rating on Pathward Financial and set a $105 price target, suggesting upside from current levels. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods kept an outperform rating on Pathward Financial, with a $97 target, indicating analysts still see room for recovery despite trimming their estimate. Article Title
• Neutral Sentiment: The company highlighted FY2027 EPS guidance of $9.50-$10.00, which is broadly in line with analyst expectations and signals confidence in longer-term earnings power. Article Title
• Negative Sentiment: Pathward reported Q3 EPS of $1.37, well below the $1.95 consensus estimate, and revenue of $189.64 million also missed expectations, reinforcing the earnings disappointment. Article Title
• Negative Sentiment: Management reduced FY2026 EPS guidance to $7.80-$8.20, below the market’s prior expectations, and cited a $34 million commercial finance provision, which raised concerns about credit quality and near-term profitability. Article Title
• Negative Sentiment: Block & Leviton said it is investigating Pathward Financial for possible securities law violations, adding a legal overhang that could pressure investor sentiment. Article Title

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.