Capital Fund Management S.A. Sells 17,441 Shares of Jack Henry & Associates, Inc. $JKHY

Key Points

• Capital Fund Management S.A. has reduced its stake in Jack Henry & Associates by 33.0% during the first quarter, owning 35,354 shares worth approximately $6.46 million after selling 17,441 shares.
• Other institutional investors have increased their stakes significantly; for example, GAMMA Investing LLC boosted its holdings by 19,937.4% during the same period.
• Jack Henry & Associates reported a quarterly EPS of $1.75, exceeding analyst estimates, with revenues for the quarter totaling $615.37 million, marking a 9.9% year-over-year increase.

Capital Fund Management S.A. lowered its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 33.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 35,354 shares of the technology company's stock after selling 17,441 shares during the period. Capital Fund Management S.A.'s holdings in Jack Henry & Associates were worth $6,456,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JKHY. Summit Securities Group LLC purchased a new stake in Jack Henry & Associates during the 1st quarter valued at $26,000. Cullen Frost Bankers Inc. purchased a new stake in Jack Henry & Associates during the 1st quarter valued at $38,000. Assetmark Inc. boosted its position in Jack Henry & Associates by 147.5% during the 1st quarter. Assetmark Inc. now owns 250 shares of the technology company's stock valued at $46,000 after buying an additional 149 shares during the period. National Pension Service boosted its position in Jack Henry & Associates by 75.2% during the 1st quarter. National Pension Service now owns 268 shares of the technology company's stock valued at $49,000 after buying an additional 115 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new stake in Jack Henry & Associates during the 4th quarter valued at $54,000. Institutional investors own 98.75% of the company's stock.

Jack Henry & Associates Stock Up 0.4%

NASDAQ JKHY traded up $0.64 during trading hours on Wednesday, reaching $162.72. 319,988 shares of the company's stock traded hands, compared to its average volume of 641,911. Jack Henry & Associates, Inc. has a 52-week low of $157.80 and a 52-week high of $196.00. The firm has a market cap of $11.85 billion, a PE ratio of 26.06, a PEG ratio of 2.92 and a beta of 0.73. The firm has a 50-day simple moving average of $172.96 and a 200 day simple moving average of $175.08. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.71 and a quick ratio of 1.36.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released its quarterly earnings data on Tuesday, August 19th. The technology company reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.50 by $0.25. The business had revenue of $615.37 million during the quarter, compared to analyst estimates of $602.20 million. Jack Henry & Associates had a net margin of 19.19% and a return on equity of 22.60%. Jack Henry & Associates's revenue was up 9.9% compared to the same quarter last year. During the same period last year, the business earned $1.33 EPS. Jack Henry & Associates has set its FY 2026 guidance at EPS. Sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 5th will be paid a $0.58 dividend. The ex-dividend date is Friday, September 5th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.4%. Jack Henry & Associates's payout ratio is currently 37.18%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. UBS Group dropped their price target on shares of Jack Henry & Associates from $185.00 to $175.00 and set a "neutral" rating for the company in a research report on Thursday, August 21st. Wall Street Zen raised shares of Jack Henry & Associates from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Royal Bank Of Canada dropped their target price on shares of Jack Henry & Associates from $203.00 to $185.00 and set a "sector perform" rating for the company in a research report on Thursday, August 21st. DA Davidson set a $204.00 target price on shares of Jack Henry & Associates in a research report on Friday, August 22nd. Finally, Robert W. Baird dropped their target price on shares of Jack Henry & Associates from $195.00 to $185.00 and set a "neutral" rating for the company in a research report on Wednesday, August 20th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $182.70.

Insider Activity at Jack Henry & Associates

In related news, Director David B. Foss sold 5,780 shares of the business's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $167.28, for a total transaction of $966,878.40. Following the completion of the sale, the director directly owned 139,265 shares in the company, valued at approximately $23,296,249.20. The trade was a 3.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.37% of the stock is owned by corporate insiders.

About Jack Henry & Associates

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.