Epoch Investment Partners Inc. Purchases 43,085 Shares of Jack Henry & Associates, Inc. $JKHY

Epoch Investment Partners Inc. grew its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 13.0% in the 4th quarter, Holdings Channel reports. The firm owned 373,701 shares of the technology company’s stock after acquiring an additional 43,085 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Jack Henry & Associates were worth $68,193,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in Jack Henry & Associates by 2.4% during the 3rd quarter. State Street Corp now owns 4,103,290 shares of the technology company’s stock worth $611,103,000 after purchasing an additional 97,140 shares during the last quarter. Invesco Ltd. raised its holdings in Jack Henry & Associates by 9.5% during the 3rd quarter. Invesco Ltd. now owns 1,800,777 shares of the technology company’s stock worth $268,190,000 after purchasing an additional 155,616 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Jack Henry & Associates by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,415,221 shares of the technology company’s stock worth $258,250,000 after purchasing an additional 66,633 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Jack Henry & Associates by 160.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,350,393 shares of the technology company’s stock worth $246,420,000 after purchasing an additional 831,372 shares during the last quarter. Finally, Van ECK Associates Corp raised its holdings in Jack Henry & Associates by 1,911.3% during the 3rd quarter. Van ECK Associates Corp now owns 1,111,632 shares of the technology company’s stock worth $165,555,000 after purchasing an additional 1,056,362 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling at Jack Henry & Associates

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

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $128.23 on Friday. The company has a fifty day moving average of $144.18 and a 200-day moving average of $163.82. The firm has a market capitalization of $9.11 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.88 and a beta of 0.58. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. Jack Henry & Associates, Inc. has a twelve month low of $124.63 and a twelve month high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings data 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. The company had revenue of $615.93 million during the quarter, compared to analyst estimates 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 for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.52 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. As a group, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 EPS for the current year.

Jack Henry & Associates Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be paid a $0.61 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.44 annualized dividend and a dividend yield of 1.9%. Jack Henry & Associates’s payout ratio is currently 34.13%.

Wall Street Analyst Weigh In

Several research firms have issued reports on JKHY. UBS Group set a $165.00 price target on shares of Jack Henry & Associates in a report on Thursday, May 7th. Wells Fargo & Company upgraded shares of Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $181.00 to $196.00 in a report on Tuesday, February 17th. DA Davidson restated a “buy” rating and set a $198.00 price target on shares of Jack Henry & Associates in a report on Monday, May 11th. Weiss Ratings lowered shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Finally, Royal Bank Of Canada lowered their price objective on shares of Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. One 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 MarketBeat, Jack Henry & Associates presently has an average rating of “Moderate Buy” and a consensus price target of $192.08.

Jack Henry & Associates 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.