Van Hulzen Asset Management LLC Buys Shares of 12,744 Pathward Financial, Inc. $CASH

Van Hulzen Asset Management LLC purchased a new stake in shares of Pathward Financial, Inc. (NASDAQ:CASH) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 12,744 shares of the savings and loans company’s stock, valued at approximately $1,109,000.

A number of other institutional investors have also recently bought and sold shares of CASH. Neumeier Poma Investment Counsel LLC purchased a new position in Pathward Financial in the second quarter valued at about $30,633,802,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Pathward Financial during the 2nd quarter worth about $2,319,000. Clear Harbor Asset Management LLC acquired a new stake in shares of Pathward Financial during the 2nd quarter valued at about $254,000. Quantbot Technologies LP bought a new stake in shares of Pathward Financial in the 2nd quarter valued at approximately $1,545,000. Finally, Chou Associates Management Inc. acquired a new position in Pathward Financial in the second quarter worth approximately $2,384,000. Institutional investors and hedge funds own 92.66% of the company’s stock.

Pathward Financial Stock Down 0.8%

CASH opened at $82.99 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.82 and a quick ratio of 0.81. The firm’s fifty day moving average price is $87.17 and its two-hundred day moving average price is $88.21. Pathward Financial, Inc. has a fifty-two week low of $65.87 and a fifty-two week high of $101.26. The company has a market capitalization of $1.72 billion, a P/E ratio of 10.40 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last posted its earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. The business had revenue of $189.64 million during the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. On average, analysts anticipate that Pathward Financial, Inc. will post 7.93 EPS for the current year.

Pathward Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Pathward Financial’s dividend payout ratio (DPR) is presently 2.51%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Keefe, Bruyette & Woods reduced their target price on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating for the company in a research note on Thursday, July 23rd. Piper Sandler reissued an “overweight” rating and set a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research report on Thursday, July 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $101.00.

Insider Activity at Pathward Financial

In other news, Director Elizabeth G. Hoople sold 4,500 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $82.29, for a total value of $370,305.00. Following the sale, the director owned 28,050 shares in the company, valued at approximately $2,308,234.50. The trade was a 13.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.43% of the company’s stock.

Pathward Financial Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.