Nordea Investment Management AB Has $132.70 Million Holdings in Jack Henry & Associates, Inc. $JKHY

Key Points

• Nordea Investment Management AB trimmed its stake in Jack Henry by 6.1% to 723,625 shares, now owning about $132.70 million or roughly 1.00% of the company.
• Jack Henry topped expectations with $1.72 EPS vs. $1.43 expected and $611.18M in revenue (up 7.9% YoY), and set FY2026 guidance of 6.610–6.720 EPS.
• The company raised its quarterly dividend to $0.61 (from $0.58), payable March 25 with an ex-dividend date of March 5, implying a $2.44 annualized payout (~1.5% yield).

Nordea Investment Management AB lessened its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 6.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 723,625 shares of the technology company's stock after selling 46,949 shares during the period. Nordea Investment Management AB owned 1.00% of Jack Henry & Associates worth $132,698,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. CYBER HORNET ETFs LLC bought a new stake in shares of Jack Henry & Associates during the 2nd quarter valued at about $35,000. Caitong International Asset Management Co. Ltd increased its holdings in Jack Henry & Associates by 3,900.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company's stock worth $30,000 after purchasing an additional 195 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in Jack Henry & Associates in the second quarter worth approximately $39,000. Quent Capital LLC acquired a new position in Jack Henry & Associates in the third quarter valued at approximately $33,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Jack Henry & Associates by 82.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 259 shares of the technology company's stock valued at $47,000 after buying an additional 117 shares during the period. Institutional investors own 98.75% of the company's stock.

Jack Henry & Associates Trading Up 0.6%

NASDAQ JKHY opened at $165.38 on Monday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.01. Jack Henry & Associates, Inc. has a 52 week low of $144.12 and a 52 week high of $193.39. The business has a 50 day moving average price of $171.65 and a 200-day moving average price of $168.02. The company has a market cap of $11.94 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 2.50 and a beta of 0.72.

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, topping analysts' consensus estimates 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 analysts' expectations of $608.46 million. During the same period last year, the business earned $1.34 EPS. Jack Henry & Associates's quarterly revenue was up 7.9% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. As a group, equities analysts expect that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Increases Dividend

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

Analysts Set New Price Targets

JKHY has been the subject of several recent analyst reports. DA Davidson reaffirmed a "buy" rating and set a $216.00 price objective on shares of Jack Henry & Associates in a research report on Wednesday, February 4th. Royal Bank Of Canada upgraded shares of Jack Henry & Associates from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from $185.00 to $210.00 in a research report on Tuesday, December 16th. Keefe, Bruyette & Woods raised shares of Jack Henry & Associates from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $170.00 to $215.00 in a research note on Monday, December 8th. UBS Group lifted their price target on shares of Jack Henry & Associates from $175.00 to $195.00 and gave the company a "neutral" rating in a research note on Thursday, January 8th. Finally, Robert W. Baird upgraded shares of Jack Henry & Associates from a "neutral" rating to an "outperform" rating and set a $205.00 price objective on the stock in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $200.42.

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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