Jefferies Financial Group Inc. Buys Shares of 25,378 Jack Henry & Associates, Inc. $JKHY

Jefferies Financial Group Inc. bought a new stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 25,378 shares of the technology company’s stock, valued at approximately $4,631,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Jack Henry & Associates by 6,728.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 621,546 shares of the technology company’s stock worth $113,420,000 after buying an additional 612,444 shares during the period. Pensionfund Sabic bought a new stake in Jack Henry & Associates in the fourth quarter valued at approximately $1,204,000. Bank of New York Mellon Corp raised its stake in Jack Henry & Associates by 4.8% in the third quarter. Bank of New York Mellon Corp now owns 712,751 shares of the technology company’s stock valued at $106,150,000 after buying an additional 32,468 shares during the period. Dynamic Technology Lab Private Ltd raised its stake in Jack Henry & Associates by 164.4% in the third quarter. Dynamic Technology Lab Private Ltd now owns 11,437 shares of the technology company’s stock valued at $1,703,000 after buying an additional 7,111 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in Jack Henry & Associates in the third quarter valued at approximately $4,185,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. UBS Group set a $165.00 target price on Jack Henry & Associates in a research note on Thursday, May 7th. DA Davidson reaffirmed a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a report on Monday, May 11th. Stephens raised Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a report on Thursday, February 5th. Loop Capital initiated coverage on Jack Henry & Associates in a report on Tuesday, March 31st. They set a “buy” rating and a $197.00 price objective on the stock. Finally, The Goldman Sachs Group cut their price objective on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $192.08.

Jack Henry & Associates Stock Performance

Shares of Jack Henry & Associates stock opened at $140.19 on Tuesday. Jack Henry & Associates, Inc. has a one year low of $132.36 and a one year high of $193.39. The firm has a market capitalization of $9.96 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 2.08 and a beta of 0.63. The business has a 50-day simple moving average of $152.30 and a 200 day simple moving average of $167.01. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The business had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. During the same period in the previous year, the company posted $1.52 EPS. The firm’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. On average, research analysts anticipate that Jack Henry & Associates, Inc. will post 6.75 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.61 per share. The ex-dividend date is Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a yield of 1.7%. Jack Henry & Associates’s payout ratio is 34.13%.

Insider Transactions at Jack Henry & Associates

In related news, CEO Gregory R. Adelson purchased 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was acquired at an average price of $133.42 per share, for a total transaction of $266,840.00. Following the purchase, the chief executive officer owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. This trade represents a 10.51% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Mimi Carsley purchased 375 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average price of $134.12 per share, with a total value of $50,295.00. Following the purchase, 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 disclosure for this purchase is available in the SEC filing. 0.60% of the stock is currently owned by insiders.

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.