Jack Henry & Associates, Inc. $JKHY Shares Purchased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 140.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,255 shares of the technology company’s stock after acquiring an additional 97,016 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.23% of Jack Henry & Associates worth $29,954,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cerity Partners LLC increased its holdings in shares of Jack Henry & Associates by 35.6% during the first quarter. Cerity Partners LLC now owns 10,701 shares of the technology company’s stock valued at $1,954,000 after purchasing an additional 2,810 shares during the period. Signaturefd LLC grew its position in Jack Henry & Associates by 15.8% in the 1st quarter. Signaturefd LLC now owns 1,785 shares of the technology company’s stock valued at $326,000 after buying an additional 244 shares in the last quarter. Apollon Wealth Management LLC grew its position in Jack Henry & Associates by 20.5% in the 1st quarter. Apollon Wealth Management LLC now owns 3,789 shares of the technology company’s stock valued at $692,000 after buying an additional 645 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in Jack Henry & Associates during the 1st quarter valued at about $38,000. Finally, Forum Financial Management LP raised its position in shares of Jack Henry & Associates by 10.2% during the 1st quarter. Forum Financial Management LP now owns 1,475 shares of the technology company’s stock worth $269,000 after buying an additional 137 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Stock Performance

Shares of NASDAQ:JKHY opened at $165.27 on Friday. The stock has a market capitalization of $12.01 billion, a price-to-earnings ratio of 26.49, a PEG ratio of 2.74 and a beta of 0.76. Jack Henry & Associates, Inc. has a 1-year low of $144.12 and a 1-year high of $196.00. The company has a 50 day moving average price of $154.87 and a 200 day moving average price of $167.78.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, November 4th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.33. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The company had revenue of $636.11 million for the quarter, compared to analysts’ expectations of $634.42 million. During the same quarter in the prior year, the company earned $1.63 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. On average, sell-side analysts expect that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, December 2nd. Jack Henry & Associates’s dividend payout ratio is currently 35.26%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on JKHY shares. Wall Street Zen cut shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Robert W. Baird set a $172.00 target price on Jack Henry & Associates in a research report on Friday, October 17th. UBS Group decreased their price target on Jack Henry & Associates from $185.00 to $175.00 and set a “neutral” rating for the company in a research note on Thursday, August 21st. The Goldman Sachs Group boosted their price objective on Jack Henry & Associates from $155.00 to $175.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, DA Davidson cut their price objective on Jack Henry & Associates from $204.00 to $190.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $177.25.

Insider Buying and Selling at Jack Henry & Associates

In related news, COO Shanon G. Mclachlan sold 227 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $160.83, for a total value of $36,508.41. Following the completion of the transaction, the chief operating officer owned 1,420 shares in the company, valued at $228,378.60. This trade represents a 13.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.60% of the stock is owned by company insiders.

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.