Yousif Capital Management LLC Sells 155 Shares of Jack Henry & Associates, Inc. $JKHY

Yousif Capital Management LLC lowered its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,172 shares of the technology company’s stock after selling 155 shares during the quarter. Yousif Capital Management LLC’s holdings in Jack Henry & Associates were worth $2,553,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Johnson Investment Counsel Inc. raised its holdings in shares of Jack Henry & Associates by 0.7% during the second quarter. Johnson Investment Counsel Inc. now owns 16,402 shares of the technology company’s stock valued at $2,955,000 after purchasing an additional 118 shares during the period. Aberdeen Group plc raised its holdings in shares of Jack Henry & Associates by 14.5% during the second quarter. Aberdeen Group plc now owns 51,720 shares of the technology company’s stock valued at $9,318,000 after purchasing an additional 6,533 shares during the period. Blue Trust Inc. raised its holdings in shares of Jack Henry & Associates by 11.3% during the second quarter. Blue Trust Inc. now owns 670 shares of the technology company’s stock valued at $121,000 after purchasing an additional 68 shares during the period. IFP Advisors Inc raised its holdings in shares of Jack Henry & Associates by 85.9% during the second quarter. IFP Advisors Inc now owns 1,467 shares of the technology company’s stock valued at $285,000 after purchasing an additional 678 shares during the period. Finally, Callan Family Office LLC raised its holdings in shares of Jack Henry & Associates by 941.9% during the second quarter. Callan Family Office LLC now owns 22,046 shares of the technology company’s stock valued at $3,972,000 after purchasing an additional 19,930 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $152.93 on Friday. The firm has a market cap of $11.11 billion, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 2.77 and a beta of 0.78. Jack Henry & Associates, Inc. has a 52 week low of $144.12 and a 52 week high of $196.00. The firm has a 50-day moving average price of $156.63 and a two-hundred day moving average price of $169.77.

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

Jack Henry & Associates Dividend Announcement

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

Insider Activity

In other news, Director David B. Foss sold 5,780 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $167.28, for a total transaction of $966,878.40. Following the completion of the sale, the director owned 139,265 shares in the company, valued at $23,296,249.20. This trade represents a 3.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on JKHY shares. UBS Group dropped their price objective on shares of Jack Henry & Associates from $185.00 to $175.00 and set a “neutral” rating on the stock in a report on Thursday, August 21st. The Goldman Sachs Group lowered their target price on shares of Jack Henry & Associates from $173.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, October 13th. DA Davidson set a $204.00 target price on shares of Jack Henry & Associates in a report on Friday, August 22nd. Wall Street Zen lowered shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Jack Henry & Associates in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $173.25.

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.