JPMorgan Chase & Co. Purchases 240,548 Shares of Jack Henry & Associates, Inc. $JKHY

Key Points

• JPMorgan Chase & Co. boosted its stake in Jack Henry by 55.3%, adding 240,548 shares to hold 675,529 shares (about a 0.93% stake) valued at roughly $100.6 million.
• Jack Henry beat quarterly expectations with $1.72 EPS vs. $1.43 consensus and $611.18 million revenue, and set FY2026 guidance of 6.610–6.720 EPS.
• The company raised its quarterly dividend to $0.61 (annualized $2.44), implying a 1.5% yield, with an ex-dividend date of March 5.

JPMorgan Chase & Co. boosted its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 55.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 675,529 shares of the technology company's stock after acquiring an additional 240,548 shares during the period. JPMorgan Chase & Co. owned 0.93% of Jack Henry & Associates worth $100,609,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of JKHY. Advisory Services Network LLC grew its stake in shares of Jack Henry & Associates by 2.6% in the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company's stock worth $466,000 after purchasing an additional 69 shares during the last quarter. Huntington National Bank lifted its position in Jack Henry & Associates by 14.5% during the 3rd quarter. Huntington National Bank now owns 615 shares of the technology company's stock valued at $92,000 after acquiring an additional 78 shares during the period. Tidal Investments LLC lifted its position in Jack Henry & Associates by 0.4% during the 2nd quarter. Tidal Investments LLC now owns 19,435 shares of the technology company's stock valued at $3,502,000 after acquiring an additional 79 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Jack Henry & Associates by 1.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,930 shares of the technology company's stock worth $1,609,000 after acquiring an additional 89 shares in the last quarter. Finally, Missouri Trust & Investment Co boosted its stake in Jack Henry & Associates by 29.7% during the third quarter. Missouri Trust & Investment Co now owns 402 shares of the technology company's stock worth $60,000 after acquiring an additional 92 shares in the last quarter. 98.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on JKHY. DA Davidson reissued a "buy" rating and issued a $216.00 target price on shares of Jack Henry & Associates in a research note on Wednesday, February 4th. Royal Bank Of Canada raised Jack Henry & Associates from a "sector perform" rating to an "outperform" rating and upped their price objective for the company from $185.00 to $210.00 in a research report on Tuesday, December 16th. Morgan Stanley boosted their price target on Jack Henry & Associates from $168.00 to $183.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 5th. UBS Group increased their price objective on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the company a "neutral" rating in a research report on Thursday, January 8th. Finally, Keefe, Bruyette & Woods upgraded Jack Henry & Associates from a "market perform" rating to an "outperform" rating and boosted their price target for the company from $170.00 to $215.00 in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $200.42.

Jack Henry & Associates Stock Performance

NASDAQ JKHY opened at $166.77 on Wednesday. The firm has a market cap of $12.04 billion, a price-to-earnings ratio of 23.96, a price-to-earnings-growth ratio of 2.54 and a beta of 0.72. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $173.01 and a 200-day moving average price of $167.95. Jack Henry & Associates, Inc. has a twelve month low of $144.12 and a twelve month high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last issued its 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. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The company had revenue of $611.18 million for the quarter, compared to the consensus estimate of $608.46 million. During the same quarter last year, the company earned $1.34 EPS. The firm's quarterly revenue was up 7.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. As a group, equities research analysts predict that Jack Henry & Associates, Inc. will post 5.83 EPS for the current fiscal year.

Jack Henry & Associates Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.5%. This is a boost from Jack Henry & Associates's previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Thursday, March 5th. Jack Henry & Associates's payout ratio is presently 35.06%.

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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