Comerica Bank Increases Holdings in Jack Henry & Associates, Inc. $JKHY

Key Points

• Comerica Bank increased its stake in Jack Henry & Associates (NASDAQ:JKHY) by 71.5% in Q4, buying 33,145 shares to hold 79,470 shares worth about $14.5 million (0.11% of the company).
• Jack Henry beat Q4 expectations with $1.72 EPS versus $1.43 estimated and revenue of $611.2M, provided FY2026 EPS guidance of 6.610–6.720, and reported 7.9% year‑over‑year revenue growth.
• Analysts have a consensus rating of “Moderate Buy” with an average price target of $200.15; several firms recently upgraded the stock while Weiss Ratings cut it to a hold.

Comerica Bank grew its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 71.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,470 shares of the technology company's stock after buying an additional 33,145 shares during the period. Comerica Bank owned 0.11% of Jack Henry & Associates worth $14,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Modera Wealth Management LLC purchased a new stake in Jack Henry & Associates during the 3rd quarter worth about $3,298,000. Teacher Retirement System of Texas lifted its holdings in Jack Henry & Associates by 693.2% during the 3rd quarter. Teacher Retirement System of Texas now owns 87,817 shares of the technology company's stock worth $13,079,000 after buying an additional 76,746 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Jack Henry & Associates by 4.8% during the third quarter. Bank of New York Mellon Corp now owns 712,751 shares of the technology company's stock worth $106,150,000 after purchasing an additional 32,468 shares in the last quarter. Pensionfund Sabic acquired a new stake in shares of Jack Henry & Associates during the fourth quarter worth about $1,204,000. Finally, Bayforest Capital Ltd acquired a new stake in shares of Jack Henry & Associates during the third quarter worth about $998,000. 98.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on JKHY. Weiss Ratings cut Jack Henry & Associates from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, March 27th. Stephens upgraded Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and set a $205.00 target price on the stock in a research report on Thursday, February 5th. Wells Fargo & Company upgraded Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $181.00 to $196.00 in a research report on Tuesday, February 17th. UBS Group lifted their target price on Jack Henry & Associates from $175.00 to $195.00 and gave the stock a "neutral" rating in a research report on Thursday, January 8th. Finally, Loop Capital began coverage on Jack Henry & Associates in a research report on Tuesday, March 31st. They set a "buy" rating and a $197.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Jack Henry & Associates currently has a consensus rating of "Moderate Buy" and an average price target of $200.15.

Jack Henry & Associates Stock Performance

Shares of JKHY stock opened at $152.80 on Wednesday. The stock has a market capitalization of $11.03 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 2.26 and a beta of 0.72. Jack Henry & Associates, Inc. has a 52-week low of $144.12 and a 52-week high of $193.39. The stock's 50-day moving average price is $159.41 and its 200 day moving average price is $168.26. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.01.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.29. The firm had revenue of $611.18 million for the quarter, compared to analysts' expectations of $608.46 million. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The firm's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. As a group, equities research analysts forecast that Jack Henry & Associates, Inc. will post 6.67 EPS for the current year.

Jack Henry & Associates Increases Dividend

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

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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