Jack Henry & Associates, Inc. $JKHY Shares Sold by Principal Financial Group Inc.

Key Points

• Principal Financial Group trimmed its stake in Jack Henry by 3.3%, selling 11,107 shares and retaining 324,133 shares (about 0.45% of the company) worth roughly $59.15 million.
• Jack Henry beat quarterly EPS estimates ($1.71 vs. $1.43) with revenue of $615.9M (up 8.7% YoY), set FY‑2026 EPS guidance of 6.78–6.87 and outlined 75–95 bps of non‑GAAP margin expansion.
• Analyst views are mixed: the consensus is a Moderate Buy with an average target of $193.08, though Goldman cut its target to $161 while several firms raised ratings or targets, and institutional investors own about 98.75% of the stock.

Principal Financial Group Inc. lowered its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 324,133 shares of the technology company's stock after selling 11,107 shares during the period. Principal Financial Group Inc. owned approximately 0.45% of Jack Henry & Associates worth $59,148,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. VELA Investment Management LLC bought a new stake in Jack Henry & Associates during the fourth quarter worth approximately $2,553,000. Composition Wealth LLC bought a new position in Jack Henry & Associates during the 4th quarter valued at $333,000. Horizon Investments LLC increased its position in shares of Jack Henry & Associates by 22.7% during the 4th quarter. Horizon Investments LLC now owns 1,959 shares of the technology company's stock valued at $357,000 after purchasing an additional 362 shares during the period. Robertson Stephens Wealth Management LLC acquired a new position in shares of Jack Henry & Associates during the 4th quarter valued at $245,000. Finally, Fifth Third Bancorp raised its stake in shares of Jack Henry & Associates by 13.4% in the 4th quarter. Fifth Third Bancorp now owns 1,898 shares of the technology company's stock worth $346,000 after buying an additional 224 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company's stock.

Jack Henry & Associates News Summary

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Q3 / recent-quarter beat — Jack Henry reported results that beat estimates driven by payments momentum, cloud processing growth and 15 core wins; management lifted fiscal‑2026 revenue and EPS outlook, which supports investor confidence. JKHY Q3 Earnings Beat Estimates on Payment Momentum & Core Wins
• Positive Sentiment: Margin expansion guidance — Management outlined 75–95 basis points of FY‑2026 non‑GAAP margin expansion as SMB products ramp and core wins convert, a clear profit‑improvement signal that can support multiple expansion. Jack Henry outlines 75-95 bps FY 2026 non-GAAP margin expansion
• Positive Sentiment: Strong Q1 / continued execution — Coverage pieces highlight a strong Q1/CY2026 and product expansion that underpin the company’s medium‑term revenue trajectory and justify investor interest. Jack Henry NASDAQ: JKHY Reports Strong Q1 CY2026
• Positive Sentiment: Analyst / value and technical commentary — Recent Zacks pieces argue JKHY looks like a value/oversold candidate with downside exhausted and upward revision of estimates, which can attract bargain hunters and technical buyers. Here's Why Jack Henry (JKHY) is a Strong Value Stock Down 9.6% in 4 Weeks, Here's Why Jack Henry (JKHY) Looks Ripe for a Turnaround
• Neutral Sentiment: Analyst commentary roundup — Broader analyst notes and industry write‑ups (e.g., Globe and Mail) provide mixed context on sector peers and competitive positioning; useful background but not a direct catalyst. Analysts Offer Insights on Technology Companies: Intuit (INTU) and Jack Henry & Associates (JKHY)
• Negative Sentiment: Price‑target cut / rating change — Goldman Sachs lowered its price target from $180 to $161 and set a "neutral" rating, removing a prior bullish analyst driver and potentially capping near‑term upside. Goldman Sachs lowers JKHY price target to $161
• Negative Sentiment: Relative underperformance & margin pressure notes — Recent pieces and a deep‑dive flag that the stock has underperformed peers and that margin pressure remains a near‑term risk despite product wins, which can limit enthusiasm until execution is proven. Jack Henry & Associates Inc. stock underperforms Wednesday JKHY Q3 deep dive: New core wins and product expansion amid margin pressures

Wall Street Analysts Forecast Growth

JKHY has been the subject of a number of research analyst reports. The Goldman Sachs Group cut their price target on shares of Jack Henry & Associates from $180.00 to $161.00 and set a "neutral" rating for the company in a report on Thursday. Robert W. Baird upgraded shares of Jack Henry & Associates from a "neutral" rating to an "outperform" rating and set a $205.00 target price on the stock in a report on Thursday, February 5th. Wolfe Research set a $220.00 target price on shares of Jack Henry & Associates and gave the company an "outperform" rating in a research note on Thursday, January 8th. Morgan Stanley raised their target price on shares of 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, DA Davidson decreased their price target on shares of Jack Henry & Associates from $216.00 to $198.00 and set a "buy" rating on the stock in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, Jack Henry & Associates has a consensus rating of "Moderate Buy" and an average price target of $193.08.

Jack Henry & Associates Trading Up 2.2%

Shares of NASDAQ:JKHY opened at $146.03 on Friday. The firm has a fifty day moving average of $158.51 and a two-hundred day moving average of $168.11. The company has a quick ratio of 1.60, a current ratio of 4.31 and a debt-to-equity ratio of 0.01. Jack Henry & Associates, Inc. has a 12-month low of $141.81 and a 12-month high of $193.39. The firm has a market capitalization of $10.54 billion, a P/E ratio of 20.42, a price-to-earnings-growth ratio of 2.09 and a beta of 0.63.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.28. The business had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The firm's revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.52 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities analysts expect that Jack Henry & Associates, Inc. will post 6.85 EPS for the current fiscal year.

About Jack Henry & Associates

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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