Vanguard Group Inc. Has $1.58 Billion Holdings in Jack Henry & Associates, Inc. $JKHY

Key Points

• Vanguard Group trimmed its Q4 stake in Jack Henry by 1.2%, leaving it with 8,652,967 shares—about 11.95% ownership—valued at roughly $1.579 billion.
• Jack Henry beat Q4 expectations with $1.72 EPS (vs. $1.43 est.) and $611.18M revenue (up 7.9% YoY) and issued FY2026 EPS guidance of 6.610–6.720, in line with analysts' average of 6.67.
• Dividend increase: the company raised its quarterly payout to $0.61 ($2.44 annualized, 1.6% yield), and analysts maintain a consensus "Moderate Buy" rating with a $200.15 price target after several upgrades.

Vanguard Group Inc. lessened its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,652,967 shares of the technology company's stock after selling 108,252 shares during the quarter. Vanguard Group Inc. owned approximately 11.95% of Jack Henry & Associates worth $1,578,993,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Mattern Capital Management LLC grew its holdings in shares of Jack Henry & Associates by 3.1% during the 4th quarter. Mattern Capital Management LLC now owns 52,000 shares of the technology company's stock worth $9,489,000 after purchasing an additional 1,568 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of Jack Henry & Associates by 77.7% during the 4th quarter. Concurrent Investment Advisors LLC now owns 6,491 shares of the technology company's stock worth $1,185,000 after purchasing an additional 2,838 shares in the last quarter. Calamos Wealth Management LLC acquired a new stake in shares of Jack Henry & Associates during the 4th quarter worth approximately $335,000. Torray Investment Partners LLC grew 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 purchasing an additional 2,301 shares in the last quarter. 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.

Jack Henry & Associates Price Performance

Shares of JKHY stock opened at $153.75 on Friday. The stock's fifty day simple moving average is $159.16 and its 200 day simple moving average is $168.06. 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 firm has a market cap of $11.10 billion, a price-to-earnings ratio of 22.09, a P/E/G ratio of 2.31 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.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.43 by $0.29. The business had revenue of $611.18 million for the quarter, compared to analyst estimates of $608.46 million. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.Jack Henry & Associates's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.34 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, analysts expect that Jack Henry & Associates, Inc. will post 6.67 earnings per share for the current fiscal year.

Jack Henry & Associates Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Thursday, March 5th were paid a $0.61 dividend. 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 yield of 1.6%. The ex-dividend date of this dividend was Thursday, March 5th. Jack Henry & Associates's payout ratio is presently 35.06%.

Analyst Upgrades and Downgrades

JKHY has been the topic of several recent research reports. Robert W. Baird raised 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. Wells Fargo & Company raised Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $181.00 to $196.00 in a research note on Tuesday, February 17th. Loop Capital assumed coverage on Jack Henry & Associates in a research note on Tuesday, March 31st. They issued a "buy" rating and a $197.00 price target on the stock. Morgan Stanley boosted their price target on Jack Henry & Associates from $168.00 to $183.00 and gave the company an "equal weight" rating in a research note on Thursday, February 5th. Finally, Stephens raised Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and set a $205.00 price target on the stock in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $200.15.

Jack Henry & Associates 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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