Kestra Private Wealth Services LLC Has $200,000 Holdings in Jack Henry & Associates, Inc. $JKHY

Kestra Private Wealth Services LLC trimmed its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 79.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,267 shares of the technology company’s stock after selling 4,829 shares during the period. Kestra Private Wealth Services LLC’s holdings in Jack Henry & Associates were worth $200,000 at the end of the most recent quarter.

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

Insider Buying and Selling

In other Jack Henry & Associates news, CEO Gregory R. Adelson bought 2,000 shares of the stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $133.42 per share, with a total value of $266,840.00. Following the acquisition, the chief executive officer owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mimi Carsley bought 375 shares of the company’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 directly owned 6,007 shares in the company, 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 currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on JKHY shares. Wolfe Research set a $165.00 price target on Jack Henry & Associates in a research note on Monday, June 29th. The Goldman Sachs Group lowered their target price on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Weiss Ratings cut shares of 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 shares of Jack Henry & Associates in a report on Thursday, May 7th. Finally, Loop Capital assumed coverage on shares of Jack Henry & Associates in a research report on Tuesday, March 31st. They issued a “buy” rating and a $197.00 price target on the stock. 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.31.

Jack Henry & Associates Price Performance

Shares of NASDAQ JKHY traded up $2.32 during trading on Tuesday, reaching $148.70. The company had a trading volume of 18,025 shares, compared to its average volume of 1,214,353. Jack Henry & Associates, Inc. has a 52 week low of $121.04 and a 52 week high of $193.39. The business’s 50 day moving average price is $137.45 and its 200-day moving average price is $158.55. The stock has a market cap of $10.57 billion, a PE ratio of 20.85, a PEG ratio of 2.06 and a beta of 0.57. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74.

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

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were issued a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s dividend payout ratio is currently 34.13%.

About Jack Henry & Associates

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.