7,087 Jack Henry & Associates, Inc. $JKHY Shares Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its Jack Henry & Associates position by 70.1%, selling 7,087 shares and retaining 3,030 shares worth approximately $434,000. Institutional investors collectively own 98.75% of the company.
• Jack Henry reported quarterly earnings of $1.57 per share, exceeding estimates of $1.44, while revenue rose 4.6% year over year to $633.1 million. The company issued fiscal 2027 EPS guidance of $7.33 to $7.38.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $190, compared with the stock’s recent price of $153.19. Jack Henry also pays a quarterly dividend of $0.61, yielding about 1.6% annually.

Curated Wealth Partners LLC decreased its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 70.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 3,030 shares of the technology company's stock after selling 7,087 shares during the period. Curated Wealth Partners LLC's holdings in Jack Henry & Associates were worth $434,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ grew its position in Jack Henry & Associates by 0.3% during the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 22,768 shares of the technology company's stock worth $3,598,000 after purchasing an additional 71 shares during the last quarter. Essential Partners LLC increased its position in shares of Jack Henry & Associates by 65.8% in the 1st quarter. Essential Partners LLC now owns 184 shares of the technology company's stock valued at $29,000 after acquiring an additional 73 shares during the period. Petros Family Wealth LLC increased its position in shares of Jack Henry & Associates by 5.7% in the 1st quarter. Petros Family Wealth LLC now owns 1,451 shares of the technology company's stock valued at $229,000 after acquiring an additional 78 shares during the period. Empirical Finance LLC raised its stake in Jack Henry & Associates by 3.3% in the 2nd quarter. Empirical Finance LLC now owns 2,576 shares of the technology company's stock worth $355,000 after acquiring an additional 82 shares during the last quarter. Finally, JGP Wealth Management LLC raised its stake in Jack Henry & Associates by 0.7% in the 3rd quarter. JGP Wealth Management LLC now owns 11,985 shares of the technology company's stock worth $1,717,000 after acquiring an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 98.75% of the company's stock.

Jack Henry & Associates Stock Down 2.1%

Jack Henry & Associates stock opened at $153.19 on Friday. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 1.78 and a beta of 0.56. Jack Henry & Associates, Inc. has a 52 week low of $121.04 and a 52 week high of $193.39. The business's 50-day moving average price is $156.50 and its 200 day moving average price is $148.88. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.02.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.13. Jack Henry & Associates had a return on equity of 23.49% and a net margin of 19.76%. The company had revenue of $633.10 million during the quarter, compared to analysts' expectations of $631.60 million. During the same period last year, the business earned $1.75 earnings per share. Jack Henry & Associates's quarterly revenue was up 4.6% on a year-over-year basis. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. As a group, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 7.32 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Monday, September 7th were paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Friday, September 4th. Jack Henry & Associates's payout ratio is currently 35.01%.

Analysts Set New Price Targets

Several research firms have weighed in on JKHY. UBS Group reiterated a "neutral" rating on shares of Jack Henry & Associates in a research note on Wednesday, September 16th. Bank of America started coverage on Jack Henry & Associates in a report on Thursday. They issued a "neutral" rating and a $165.00 price objective on the stock. Wolfe Research raised their price objective on Jack Henry & Associates from $200.00 to $215.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 25th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $178.00 target price on shares of Jack Henry & Associates in a report on Wednesday, September 30th. Finally, Raymond James Financial lifted their target price on Jack Henry & Associates from $192.00 to $199.00 and gave the stock a "strong-buy" rating in a report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Jack Henry & Associates currently has an average rating of "Moderate Buy" and a consensus price target of $190.00.

Jack Henry & Associates Profile

Jack Henry & Associates, Inc is a financial technology company that provides software, payment processing and related services to banks, credit unions and other financial institutions. Founded in 1976 and headquartered in Monett, Missouri, the company serves primarily U.S.-based community and regional financial institutions.

The company offers core processing platforms for banks and credit unions, including Jack Henry Banking and Symitar solutions. Its products and services support account processing, lending, deposit operations, financial reporting, digital banking, mobile banking and customer relationship management.

Jack Henry also provides payment processing, card services, electronic funds transfer capabilities, online account opening, cybersecurity, document and information management, business intelligence and other technology services.

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