Teachers Retirement System of The State of Kentucky Buys 97,200 Shares of Jack Henry & Associates, Inc. $JKHY

Key Points

• Teachers Retirement System of Kentucky boosted its stake in Jack Henry by 1,697.5% in Q4, buying 97,200 shares to hold 102,926 shares (about 0.14% of the company) valued at roughly $18.78 million.
• Jack Henry beat Q4 estimates with $1.72 EPS vs. $1.43 expected and $611.18M revenue (up 7.9% YoY), set FY2026 EPS guidance of 6.610–6.720, and raised its quarterly dividend to $0.61 (annualized $2.44, yield ~1.6%).
• Analysts give the stock a consensus rating of "Moderate Buy" with a consensus price target of $200.15 following several recent upgrades and target increases.

Teachers Retirement System of The State of Kentucky boosted its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 1,697.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,926 shares of the technology company's stock after purchasing an additional 97,200 shares during the quarter. Teachers Retirement System of The State of Kentucky owned about 0.14% of Jack Henry & Associates worth $18,782,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mattern Capital Management LLC increased its holdings in Jack Henry & Associates by 3.1% in the 4th quarter. Mattern Capital Management LLC now owns 52,000 shares of the technology company's stock valued at $9,489,000 after buying an additional 1,568 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of Jack Henry & Associates by 77.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 6,491 shares of the technology company's stock valued at $1,185,000 after buying an additional 2,838 shares in the last quarter. Calamos Wealth Management LLC bought a new stake in shares of Jack Henry & Associates during the 4th quarter worth approximately $335,000. Torray Investment Partners LLC lifted its holdings in shares of Jack Henry & Associates by 18.1% during the 4th quarter. Torray Investment Partners LLC now owns 14,991 shares of the technology company's stock worth $2,736,000 after acquiring an additional 2,301 shares during the period. Finally, HB Wealth Management LLC acquired a new stake in shares of Jack Henry & Associates during the 4th quarter worth approximately $313,000. Institutional investors and hedge funds own 98.75% of the company's stock.

Wall Street Analyst Weigh In

JKHY has been the topic of a number of recent analyst reports. Weiss Ratings cut shares of Jack Henry & Associates from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 27th. Robert W. Baird upgraded Jack Henry & Associates from a "neutral" rating to an "outperform" rating and set a $205.00 target price for the company in a research note on Thursday, February 5th. Loop Capital assumed coverage on Jack Henry & Associates in a report on Tuesday, March 31st. They issued a "buy" rating and a $197.00 target price on the stock. UBS Group lifted their price target on 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, Wells Fargo & Company raised Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $181.00 to $196.00 in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Jack Henry & Associates presently has a consensus rating of "Moderate Buy" and a consensus price target of $200.15.

Jack Henry & Associates Stock Up 0.0%

NASDAQ:JKHY opened at $151.21 on Monday. Jack Henry & Associates, Inc. has a one year low of $144.12 and a one year high of $193.39. 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 cap of $10.91 billion, a PE ratio of 21.73, a P/E/G ratio of 2.27 and a beta of 0.72. The firm's 50 day simple moving average is $159.64 and its 200 day simple moving average is $168.24.

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 (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.29. The firm had revenue of $611.18 million during the quarter, compared to analysts' expectations of $608.46 million. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The company's revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.34 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, research analysts anticipate that Jack Henry & Associates, Inc. will post 6.67 earnings per share for the current year.

Jack Henry & Associates Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Thursday, March 5th were issued a $0.61 dividend. The ex-dividend date was Thursday, March 5th. This is a positive change from Jack Henry & Associates's previous quarterly dividend of $0.58. This represents a $2.44 dividend on an annualized basis and a yield of 1.6%. Jack Henry & Associates's dividend payout ratio (DPR) is currently 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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