Healthcare of Ontario Pension Plan Trust Fund Reduces Holdings in Jack Henry & Associates, Inc. $JKHY

Healthcare of Ontario Pension Plan Trust Fund lowered its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 53.5% in the first quarter, HoldingsChannel.com reports. The fund owned 65,533 shares of the technology company’s stock after selling 75,328 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Jack Henry & Associates were worth $10,357,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of JKHY. Caitong International Asset Management Co. Ltd increased its stake in shares of Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after purchasing an additional 195 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Jack Henry & Associates by 2,816.7% in the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after acquiring an additional 169 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Jack Henry & Associates in the second quarter valued at $35,000. SJS Investment Consulting Inc. lifted its position in shares of Jack Henry & Associates by 3,933.3% in the first quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock valued at $38,000 after acquiring an additional 236 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Jack Henry & Associates during the second quarter valued at $39,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Stock Up 2.9%

JKHY opened at $157.43 on Wednesday. Jack Henry & Associates, Inc. has a 1 year low of $121.04 and a 1 year high of $193.39. The firm has a 50 day moving average price of $138.95 and a 200 day moving average price of $154.68. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. The company has a market cap of $11.19 billion, a PE ratio of 22.02, a price-to-earnings-growth ratio of 2.15 and a beta of 0.57.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The firm had revenue of $615.93 million for the quarter, compared to analysts’ expectations of $619.67 million. During the same period in the previous year, the company posted $1.52 earnings per share. Jack Henry & Associates’s revenue was up 8.7% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Sell-side 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 announced a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were issued a dividend of $0.61 per share. The ex-dividend date was Monday, June 1st. This represents a $2.44 annualized dividend and a dividend yield of 1.5%. Jack Henry & Associates’s payout ratio is presently 34.13%.

Insider Buying and Selling at Jack Henry & Associates

In other Jack Henry & Associates news, CFO Mimi Carsley purchased 375 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was purchased 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 approximately $805,658.84. This trade represents a 6.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gregory R. Adelson purchased 2,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average price of $133.42 per share, with a total value of $266,840.00. Following the completion of the acquisition, the chief executive officer owned 21,036 shares in the company, valued at $2,806,623.12. This represents a 10.51% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

JKHY has been the subject of several analyst reports. UBS Group set a $165.00 target price on shares of Jack Henry & Associates in a research note 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 note on Friday, May 29th. Morgan Stanley set a $170.00 price target on shares of Jack Henry & Associates in a report on Friday, May 8th. Barclays started coverage on shares of Jack Henry & Associates in a research report on Tuesday, July 7th. They issued an “overweight” rating and a $170.00 price objective for the company. Finally, The Goldman Sachs Group reduced their price objective on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Jack Henry & Associates currently has an average rating of “Moderate Buy” and an average target price of $186.07.

Jack Henry & Associates Company 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.