AXQ Capital LP Purchases Shares of 17,169 Jack Henry & Associates, Inc. $JKHY

Key Points

• AXQ Capital acquired 17,169 shares of Jack Henry & Associates during the second quarter, valued at approximately $2.37 million. Institutional investors collectively own 98.75% of the company.
• Jack Henry reported quarterly EPS of $1.57, beating 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–$7.38.
• The company declared a quarterly dividend of $0.61 per share, equivalent to a 1.4% yield. Analysts maintain a Moderate Buy consensus, with an average price target of $193.40 versus a recent share price of $168.37.

AXQ Capital LP purchased a new position in Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 17,169 shares of the technology company's stock, valued at approximately $2,365,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Essential Partners LLC lifted 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 worth $29,000 after acquiring an additional 73 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Jack Henry & Associates by 3,900.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company's stock worth $30,000 after purchasing an additional 195 shares during the period. Larson Financial Group LLC lifted its position in Jack Henry & Associates by 2,816.7% in the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company's stock worth $32,000 after purchasing an additional 169 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in Jack Henry & Associates during the second quarter worth $35,000. Finally, SJS Investment Consulting Inc. increased its holdings in Jack Henry & Associates by 3,933.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company's stock valued at $38,000 after buying an additional 236 shares during the period. Institutional investors own 98.75% of the company's stock.

Jack Henry & Associates Price Performance

Shares of Jack Henry & Associates stock opened at $168.37 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.74 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $11.80 billion, a price-to-earnings ratio of 24.16, a P/E/G ratio of 1.89 and a beta of 0.56. Jack Henry & Associates, Inc. has a 1-year low of $121.04 and a 1-year high of $193.39. The firm's 50-day moving average price is $154.78 and its two-hundred day moving average price is $151.06.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $633.10 million for the quarter, compared to analyst estimates of $631.60 million. During the same period in the prior year, the company earned $1.75 EPS. Jack Henry & Associates's revenue for the quarter 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. On average, equities analysts predict that Jack Henry & Associates, Inc. will post 7.38 earnings per share for the current fiscal year.

Jack Henry & Associates Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Monday, September 7th will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, September 4th. Jack Henry & Associates's dividend payout ratio is presently 35.01%.

Analysts Set New Price Targets

Several research analysts recently issued reports on JKHY shares. Weiss Ratings raised shares of Jack Henry & Associates from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, August 20th. Wolfe Research lifted their price objective on Jack Henry & Associates from $200.00 to $215.00 and gave the company an "outperform" rating in a report on Tuesday, August 25th. Oppenheimer upped their price objective on Jack Henry & Associates from $208.00 to $209.00 and gave the company an "outperform" rating in a research note on Wednesday, August 19th. UBS Group increased their target price on Jack Henry & Associates from $165.00 to $170.00 and gave the stock a "neutral" rating in a report on Thursday, August 20th. Finally, DA Davidson restated a "buy" rating and set a $198.00 target price on shares of Jack Henry & Associates in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Jack Henry & Associates currently has an average rating of "Moderate Buy" and an average price target of $193.40.

Jack Henry & Associates Company 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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