Pictet Asset Management Holding SA Sells 18,604 Shares of Jack Henry & Associates, Inc. $JKHY

Key Points

• Pictet Asset Management cut its stake in Jack Henry by 17.0%, selling 18,604 shares and leaving it with 90,813 shares (about 0.13% of the company) valued at roughly $16.58 million.
• Jack Henry beat quarterly expectations (EPS $1.72 vs. $1.43; revenue $611.18M vs. $608.46M) and issued FY2026 guidance of $6.610–$6.720 EPS, in line with the sell‑side average forecast of about $6.69.
• Analysts remain broadly positive with a consensus rating of "Moderate Buy" and a $198.77 average price target, while the company raised its quarterly dividend to $0.61 (annualized $2.44, yield ~1.6%).

Pictet Asset Management Holding SA cut its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 17.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,813 shares of the technology company's stock after selling 18,604 shares during the quarter. Pictet Asset Management Holding SA owned about 0.13% of Jack Henry & Associates worth $16,577,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its holdings in Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company's stock valued at $30,000 after purchasing an additional 195 shares during the period. Quent Capital LLC acquired a new position in shares of Jack Henry & Associates during the third quarter valued at about $33,000. CYBER HORNET ETFs LLC bought a new stake in shares of Jack Henry & Associates in the second quarter valued at about $35,000. MUFG Securities EMEA plc bought a new stake in shares of Jack Henry & Associates in the second quarter valued at about $39,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Jack Henry & Associates during the third quarter worth about $44,000. 98.75% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on JKHY. Wolfe Research set a $220.00 price target on Jack Henry & Associates and gave the company an "outperform" rating in a research note on Thursday, January 8th. UBS Group boosted their price objective on Jack Henry & Associates from $175.00 to $195.00 and gave the company a "neutral" rating in a research report on Thursday, January 8th. Wells Fargo & Company raised Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $181.00 to $196.00 in a research report on Tuesday, February 17th. Morgan Stanley lifted their price target on shares of 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. Finally, DA Davidson dropped their price objective on shares of Jack Henry & Associates from $216.00 to $198.00 and set a "buy" rating for the company in a research note on Friday. One 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. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $198.77.

Jack Henry & Associates Price Performance

Jack Henry & Associates stock opened at $154.03 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market capitalization of $11.12 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 2.30 and a beta of 0.72. Jack Henry & Associates, Inc. has a one year low of $144.12 and a one year high of $193.39. The business has a 50 day simple moving average of $159.16 and a 200 day simple moving average of $168.06.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share for the quarter, beating 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 firm had revenue of $611.18 million for the quarter, compared to analysts' expectations of $608.46 million. During the same period in the prior year, the business posted $1.34 earnings per share. The business's 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. On average, sell-side analysts forecast that Jack Henry & Associates, Inc. will post 6.69 EPS for the current fiscal year.

Jack Henry & Associates Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Thursday, March 5th were given a dividend of $0.61 per share. This is an increase from Jack Henry & Associates's previous quarterly dividend of $0.58. The ex-dividend date was Thursday, March 5th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.6%. Jack Henry & Associates's dividend payout ratio is 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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