Jupiter Asset Management Ltd. Trims Stake in Jack Henry & Associates, Inc. $JKHY

Key Points

• Jupiter Asset Management reduced its Jack Henry & Associates stake by 4.9% in the fourth quarter, leaving it with 281,203 shares valued at about $51.3 million.
• Insider buying was notable, with CFO Mimi Carsley and CEO Gregory R. Adelson purchasing shares on May 14, signaling management confidence in the company.
• Jack Henry reported better-than-expected quarterly EPS of $1.71 on revenue of $615.93 million, and it also announced a quarterly dividend of $0.61 per share payable June 19.

Jupiter Asset Management Ltd. trimmed its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 4.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 281,203 shares of the technology company's stock after selling 14,448 shares during the quarter. Jupiter Asset Management Ltd. owned 0.39% of Jack Henry & Associates worth $51,314,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of JKHY. Caitong International Asset Management Co. Ltd increased its position in shares of Jack Henry & Associates by 3,900.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company's stock valued at $30,000 after acquiring an additional 195 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Jack Henry & Associates by 2,816.7% in the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company's stock worth $32,000 after acquiring an additional 169 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Jack Henry & Associates during the 2nd quarter worth approximately $35,000. MUFG Securities EMEA plc purchased a new position in shares of Jack Henry & Associates during the 2nd quarter worth approximately $39,000. Finally, United Community Bank acquired a new stake in Jack Henry & Associates in the 4th quarter valued at approximately $41,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Jack Henry & Associates

In other news, CFO Mimi Carsley bought 375 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the completion of the purchase, the chief financial officer owned 6,007 shares in the company, valued at approximately $805,658.84. This trade represents a 6.66% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gregory R. Adelson bought 2,000 shares of the company's stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the acquisition, the chief executive officer directly owned 21,036 shares of the company's stock, valued at $2,806,623.12. The trade was a 10.51% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.60% of the company's stock.

Wall Street Analyst Weigh In

JKHY has been the topic of a number of research reports. Loop Capital began coverage on Jack Henry & Associates in a research note on Tuesday, March 31st. They set a "buy" rating and a $197.00 price target on the stock. Weiss Ratings downgraded Jack Henry & Associates from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, March 27th. The Goldman Sachs Group decreased their target price on Jack Henry & Associates from $180.00 to $161.00 and set a "neutral" rating on the stock in a research note on Thursday, May 7th. Stephens raised Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and set a $205.00 target price for the company in a research report on Thursday, February 5th. Finally, Robert W. Baird upgraded shares of Jack Henry & Associates from a "neutral" rating to an "outperform" rating and set a $205.00 price target on the stock in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $192.08.

Jack Henry & Associates Stock Down 0.0%

Jack Henry & Associates stock opened at $136.22 on Friday. The firm has a market capitalization of $9.68 billion, a P/E ratio of 19.05, a P/E/G ratio of 2.01 and a beta of 0.63. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04. Jack Henry & Associates, Inc. has a twelve month low of $132.36 and a twelve month high of $193.39. The stock's fifty day simple moving average is $150.44 and its 200-day simple moving average is $166.49.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The firm had revenue of $615.93 million during the quarter, compared to analyst estimates of $619.67 million. During the same period last year, the business posted $1.52 earnings per share. Jack Henry & Associates's revenue was up 8.7% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. As a group, equities analysts expect that Jack Henry & Associates, Inc. will post 6.77 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.8%. Jack Henry & Associates's payout ratio is currently 34.13%.

Key Stories Impacting Jack Henry & Associates

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

• Positive Sentiment: Jack Henry announced that Woodforest National Bank selected its platform to support growth, modernization, and digital strategy. The deal is notable because Woodforest is a more than $9 billion-asset bank with 740+ branches and represents Jack Henry’s largest new core signing to date, a sign of solid demand for its banking technology. Article Title
• Positive Sentiment: Zacks Research raised several earnings estimates for Jack Henry, including FY2026, FY2027, and multiple quarterly periods. Higher forward EPS estimates can support valuation expectations and suggest analysts see improving earnings power.
• Positive Sentiment: A separate article highlighted “3 reasons we love this stock,” reinforcing a generally favorable investment narrative around Jack Henry’s business quality and recurring revenue model. Article Title
• Neutral Sentiment: Another market commentary piece asked whether Wall Street is bullish or bearish on JKHY, but it did not include a clear new catalyst on its own. Article Title
• Negative Sentiment: Reports showed lower shares trading relative to longer-term averages and the stock remains well below its 50-day and 200-day moving averages, which points to lingering technical pressure on the shares despite the positive company news.

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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