Jack Henry & Associates, Inc. $JKHY Shares Sold by Fenimore Asset Management Inc

Key Points

• Fenimore Asset Management trimmed its position in Jack Henry by 6.8%, selling 16,117 shares and leaving it with 220,615 shares (about 0.30% ownership) valued at roughly $40.26 million at quarter end.
• Jack Henry beat quarterly expectations with $1.72 EPS vs. $1.43 consensus and $611.2M revenue (up 7.9% y/y), and issued FY2026 guidance of $6.61–$6.72 EPS (analysts forecast ~6.69 EPS).
• The company increased its quarterly dividend to $0.61 ($2.44 annualized, a 1.6% yield) while analysts maintain a "Moderate Buy" consensus with an average target near $198.77; market cap is about $11.1B with a P/E around 22.

Fenimore Asset Management Inc lessened its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 6.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 220,615 shares of the technology company's stock after selling 16,117 shares during the period. Fenimore Asset Management Inc owned approximately 0.30% of Jack Henry & Associates worth $40,258,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its stake in shares of Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company's stock worth $30,000 after acquiring an additional 195 shares during the period. Quent Capital LLC acquired a new stake in shares of Jack Henry & Associates in the 3rd quarter worth $33,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates in the 2nd quarter worth $35,000. MUFG Securities EMEA plc acquired a new stake in shares of Jack Henry & Associates in the 2nd quarter worth $39,000. Finally, United Community Bank acquired a new stake in shares of Jack Henry & Associates in the 4th quarter worth $41,000. Institutional investors and hedge funds own 98.75% of the company's stock.

Jack Henry & Associates Stock Up 0.2%

Shares of NASDAQ JKHY opened at $154.03 on Friday. 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, Inc. has a 52 week low of $144.12 and a 52 week high of $193.39. The firm has a 50-day moving average price of $159.16 and a 200 day moving average price of $168.17. The stock has a market capitalization of $11.12 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 2.30 and a beta of 0.63.

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 firm had revenue of $611.18 million during the quarter, compared to analysts' expectations of $608.46 million. During the same quarter last year, the business earned $1.34 earnings per share. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Equities research analysts anticipate that Jack Henry & Associates, Inc. will post 6.69 EPS for the current fiscal year.

Jack Henry & Associates Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Thursday, March 5th were issued a dividend of $0.61 per share. This is an increase 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 35.06%.

Analysts Set New Price Targets

Several research firms have recently commented on JKHY. UBS Group raised their target price on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the stock a "neutral" rating in a research note on Thursday, January 8th. Morgan Stanley raised their price objective on shares of Jack Henry & Associates from $168.00 to $183.00 and gave the company an "equal weight" rating in a research note on Thursday, February 5th. Wells Fargo & Company upgraded shares of Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $181.00 to $196.00 in a research note on Tuesday, February 17th. Loop Capital began coverage on shares of Jack Henry & Associates in a research note on Tuesday, March 31st. They issued a "buy" rating and a $197.00 price objective for the company. Finally, Wolfe Research set a $220.00 price objective on shares of Jack Henry & Associates and gave the company an "outperform" rating in a research note on Thursday, January 8th. One equities 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $198.77.

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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