Jack Henry & Associates, Inc. $JKHY Shares Acquired by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 7.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,313 shares of the technology company’s stock after purchasing an additional 766 shares during the quarter. Public Sector Pension Investment Board’s holdings in Jack Henry & Associates were worth $2,066,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC raised its stake in Jack Henry & Associates by 2.3% in the 1st quarter. Axxcess Wealth Management LLC now owns 2,622 shares of the technology company’s stock valued at $479,000 after purchasing an additional 59 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in Jack Henry & Associates by 2.1% in the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,115 shares of the technology company’s stock valued at $569,000 after purchasing an additional 64 shares during the last quarter. Strengthening Families & Communities LLC raised its stake in Jack Henry & Associates by 12.1% in the 1st quarter. Strengthening Families & Communities LLC now owns 632 shares of the technology company’s stock valued at $105,000 after purchasing an additional 68 shares during the last quarter. AdvisorNet Financial Inc raised its stake in Jack Henry & Associates by 9.8% in the 1st quarter. AdvisorNet Financial Inc now owns 838 shares of the technology company’s stock valued at $153,000 after purchasing an additional 75 shares during the last quarter. Finally, Smith Shellnut Wilson LLC ADV raised its stake in Jack Henry & Associates by 1.1% in the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 7,062 shares of the technology company’s stock valued at $1,238,000 after purchasing an additional 77 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Stock Up 2.0%

Shares of NASDAQ:JKHY opened at $163.80 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.36 and a current ratio of 1.36. Jack Henry & Associates, Inc. has a 1 year low of $157.80 and a 1 year high of $196.00. The stock has a market capitalization of $11.93 billion, a P/E ratio of 26.25, a PEG ratio of 2.91 and a beta of 0.73. The stock has a 50-day simple moving average of $174.31 and a 200-day simple moving average of $175.36.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, August 19th. The technology company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.25. Jack Henry & Associates had a return on equity of 23.03% and a net margin of 19.19%.The business had revenue of $615.37 million during the quarter, compared to analysts’ expectations of $602.20 million. During the same quarter in the previous year, the business earned $1.33 EPS. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at EPS. Equities analysts forecast that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current year.

Insider Activity

In other news, Director David B. Foss sold 5,780 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $167.28, for a total transaction of $966,878.40. Following the completion of the sale, the director owned 139,265 shares in the company, valued at approximately $23,296,249.20. The trade was a 3.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of Jack Henry & Associates from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. UBS Group dropped their price objective on shares of Jack Henry & Associates from $190.00 to $185.00 and set a “neutral” rating for the company in a research note on Thursday, May 8th. Keefe, Bruyette & Woods dropped their price objective on shares of Jack Henry & Associates from $190.00 to $183.00 and set a “market perform” rating for the company in a research note on Thursday, May 8th. DA Davidson reaffirmed a “buy” rating and set a $212.00 price objective on shares of Jack Henry & Associates in a research note on Monday. Finally, Robert W. Baird dropped their price objective on shares of Jack Henry & Associates from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $186.80.

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.