Jack Henry & Associates, Inc. $JKHY Stake Lifted by Alps Advisors Inc.

Key Points

• Alps Advisors increased its Jack Henry & Associates stake by 1,182.4% in the third quarter, adding 98,941 shares to hold 107,309 shares valued at about $15.4 million. Other institutional investors also reported share purchases.
• Jack Henry reported quarterly EPS of $2.28, beating the $2.07 consensus, while revenue rose 8.8% year over year to $682.2 million—slightly below analyst estimates.
• Analysts’ consensus rating was “Moderate Buy”, with an average price target of $193.18; several firms had raised their targets and maintained positive ratings.

Alps Advisors Inc. lifted its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 1,182.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,309 shares of the technology company's stock after buying an additional 98,941 shares during the quarter. Alps Advisors Inc. owned approximately 0.15% of Jack Henry & Associates worth $15,371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in JKHY. International Assets Investment Management LLC raised its holdings in shares of Jack Henry & Associates by 37.0% during the third quarter. International Assets Investment Management LLC now owns 1,821 shares of the technology company's stock worth $262,000 after purchasing an additional 492 shares during the period. Heritage Family Offices LLP bought a new stake in shares of Jack Henry & Associates in the 3rd quarter worth approximately $86,000. Calamos Advisors LLC lifted its holdings in shares of Jack Henry & Associates by 2.0% in the 3rd quarter. Calamos Advisors LLC now owns 43,180 shares of the technology company's stock worth $6,185,000 after purchasing an additional 867 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Jack Henry & Associates by 84.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 2,830 shares of the technology company's stock worth $405,000 after purchasing an additional 1,292 shares during the last quarter. Finally, Genesis Private Wealth LLC boosted its position in Jack Henry & Associates by 42.1% during the 3rd quarter. Genesis Private Wealth LLC now owns 2,238 shares of the technology company's stock valued at $321,000 after purchasing an additional 663 shares during the period. Institutional investors and hedge funds own 98.75% of the company's stock.

Jack Henry & Associates Stock Performance

Shares of JKHY opened at $173.23 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.50 and a quick ratio of 1.17. The firm's 50 day moving average is $156.97 and its 200-day moving average is $154.41. Jack Henry & Associates, Inc. has a 12-month low of $121.04 and a 12-month high of $193.39. The stock has a market capitalization of $12.15 billion, a P/E ratio of 23.80, a P/E/G ratio of 2.10 and a beta of 0.55.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.21. Jack Henry & Associates had a net margin of 19.96% and a return on equity of 24.46%. The firm had revenue of $682.18 million for the quarter, compared to analyst estimates of $685.54 million. During the same quarter in the previous year, the business posted $1.97 earnings per share. The firm's quarterly revenue was up 8.8% compared to the same quarter last year. Equities research analysts anticipate that Jack Henry & Associates, Inc. will post 7.40 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Monday, September 7th were 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 was Friday, September 4th. Jack Henry & Associates's payout ratio is currently 33.52%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on JKHY. Wolfe Research increased their target price on Jack Henry & Associates from $200.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 25th. Bank of America started coverage on shares of Jack Henry & Associates in a report on Thursday, October 15th. They set a "neutral" rating and a $165.00 price target for the company. Oppenheimer upped their target price on shares of Jack Henry & Associates from $208.00 to $209.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 19th. Keefe, Bruyette & Woods raised their price target on shares of Jack Henry & Associates from $200.00 to $215.00 and gave the company an "outperform" rating in a research note on Thursday. Finally, Seaport Research Partners assumed coverage on Jack Henry & Associates in a report on Monday, September 28th. They set a "buy" rating and a $193.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, Jack Henry & Associates currently has a consensus rating of "Moderate Buy" and a consensus target price of $193.18.

Jack Henry & Associates News Roundup

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

• Positive Sentiment: Jack Henry beat fiscal first-quarter earnings expectations, reporting $2.28 per share versus $2.07 anticipated. Growth in cloud and payments helped lift revenue 8.8% year over year, and the company raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51. Revenue was slightly below consensus, however. Zacks earnings and growth article Fiscal 2027 outlook article
• Positive Sentiment: Several firms raised their price targets while maintaining or assigning positive ratings: Barclays to $190 (overweight), RBC to $195 (outperform), and Keefe, Bruyette & Woods to $215 (outperform). UBS also lifted its target to $185, while keeping a neutral rating. The revisions signal improved analyst expectations, though targets are not guarantees. Barclays forecast RBC target revision KBW target revision
• Neutral Sentiment: CFO Mimi Carsley is scheduled to present at Citi’s FinTech Conference on November 10. The event may provide investors with updates, but the announcement itself does not indicate a change to the company’s outlook. Conference announcement
• Negative Sentiment: Morgan Stanley said Jack Henry needs to demonstrate clearer upside to its growth targets, highlighting execution and growth visibility as potential investor concerns. Morgan Stanley growth-target assessment

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company that provides software and services to banks and credit unions. Founded in 1976 and headquartered in Monett, Missouri, the company focuses on helping financial institutions manage operations and serve customers.

Its offerings include core banking systems, digital banking platforms, payment processing, lending solutions, and tools for managing fraud, risk, and information security. Jack Henry also provides data, hosting, and related technology services.

The company serves financial institutions across the United States, including community and regional banks and credit unions.

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