Jupiter Topco LLC Makes New Investment in Pathward Financial, Inc. $CASH

Jupiter Topco LLC purchased a new stake in Pathward Financial, Inc. (NASDAQ:CASH - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 20,055 shares of the savings and loans company's stock, valued at approximately $1,746,000. Jupiter Topco LLC owned 0.10% of Pathward Financial as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CASH. EverSource Wealth Advisors LLC increased its position in shares of Pathward Financial by 43,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company's stock worth $34,000 after acquiring an additional 432 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Pathward Financial by 23.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company's stock valued at $45,000 after purchasing an additional 118 shares during the period. State of Wyoming acquired a new position in Pathward Financial during the 2nd quarter worth $46,000. Rockefeller Capital Management L.P. grew its stake in Pathward Financial by 225.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company's stock worth $61,000 after purchasing an additional 591 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in Pathward Financial during the 4th quarter worth about $77,000. Institutional investors and hedge funds own 92.66% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CASH shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Pathward Financial in a research report on Wednesday, August 5th. Keefe, Bruyette & Woods lowered their price objective on Pathward Financial from $108.00 to $97.00 and set an "outperform" rating for the company in a research report on Thursday, July 23rd. Finally, Piper Sandler restated an "overweight" rating and set a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research note on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Pathward Financial presently has a consensus rating of "Buy" and a consensus target price of $101.00.

Pathward Financial Price Performance

Pathward Financial stock opened at $82.77 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $86.90 and a 200-day simple moving average of $87.65. The stock has a market cap of $1.72 billion, a P/E ratio of 10.37 and a beta of 0.60. Pathward Financial, Inc. has a 12-month low of $65.87 and a 12-month high of $101.26.

Pathward Financial (NASDAQ:CASH - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.58). Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. The business had revenue of $189.64 million during the quarter, compared to analysts' expectations of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. Equities analysts expect that Pathward Financial, Inc. will post 7.93 EPS for the current fiscal year.

Pathward Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a $0.05 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Pathward Financial's dividend payout ratio is presently 2.51%.

Pathward Financial Profile

Pathward Financial NASDAQ: CASH is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.

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