Argo Wealth Advisory LLC Buys New Stake in Jack Henry & Associates, Inc. $JKHY

Key Points

• Argo Wealth Advisory LLC bought a new stake of 14,031 shares in Jack Henry & Associates (~$2.56M), representing about 1.5% of its portfolio and the fund’s 23rd largest holding.
• Jack Henry beat Q4 estimates with $1.72 EPS versus $1.43 expected and revenue of $611.18M (up 7.9% YoY), and set FY2026 guidance of 6.610–6.720 EPS.
• The company raised its quarterly dividend to $0.61 ($2.44 annualized, ~1.6% yield), and analysts hold a consensus "Moderate Buy" with an average price target of $200.15.

Argo Wealth Advisory LLC bought a new stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,031 shares of the technology company's stock, valued at approximately $2,560,000. Jack Henry & Associates accounts for about 1.5% of Argo Wealth Advisory LLC's portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Advisory Services Network LLC increased its holdings in Jack Henry & Associates by 2.6% during the 2nd quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company's stock worth $466,000 after purchasing an additional 69 shares in the last quarter. Huntington National Bank grew its holdings in shares of Jack Henry & Associates by 14.5% in the 3rd quarter. Huntington National Bank now owns 615 shares of the technology company's stock valued at $92,000 after acquiring an additional 78 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of Jack Henry & Associates by 4.0% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,012 shares of the technology company's stock valued at $367,000 after acquiring an additional 78 shares in the last quarter. Tidal Investments LLC raised its holdings in Jack Henry & Associates by 0.4% during the second quarter. Tidal Investments LLC now owns 19,435 shares of the technology company's stock worth $3,502,000 after acquiring an additional 79 shares in the last quarter. Finally, Missouri Trust & Investment Co raised its holdings in Jack Henry & Associates by 29.7% during the third quarter. Missouri Trust & Investment Co now owns 402 shares of the technology company's stock worth $60,000 after acquiring an additional 92 shares in the last quarter. Institutional investors own 98.75% of the company's stock.

Jack Henry & Associates Stock Up 0.5%

Shares of NASDAQ JKHY opened at $154.15 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.60 and a current ratio of 1.60. Jack Henry & Associates, Inc. has a 52 week low of $144.12 and a 52 week high of $193.39. The stock has a market capitalization of $11.12 billion, a P/E ratio of 22.15, a PEG ratio of 2.30 and a beta of 0.72. The stock's fifty day moving average is $161.13 and its 200 day moving average is $167.74.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.43 by $0.29. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The business had revenue of $611.18 million during the quarter, compared to the consensus estimate of $608.46 million. During the same period in the previous year, the business earned $1.34 earnings per share. The company's revenue was up 7.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Sell-side analysts forecast that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 1.6%. This is a boost from Jack Henry & Associates's previous quarterly dividend of $0.58. The ex-dividend date was Thursday, March 5th. Jack Henry & Associates's dividend payout ratio (DPR) is currently 35.06%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on JKHY. UBS Group raised their price target on Jack Henry & Associates from $175.00 to $195.00 and gave the company a "neutral" rating in a research note on Thursday, January 8th. Loop Capital began coverage on Jack Henry & Associates in a research note on Tuesday, March 31st. They issued a "buy" rating and a $197.00 price target for the company. Weiss Ratings downgraded Jack Henry & Associates from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 27th. Morgan Stanley lifted their price target on Jack Henry & Associates from $168.00 to $183.00 and gave the stock an "equal weight" rating in a report on Thursday, February 5th. Finally, Wells Fargo & Company upgraded Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $181.00 to $196.00 in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Jack Henry & Associates currently has an average rating of "Moderate Buy" and a consensus price target of $200.15.

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.

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