Vest Financial LLC Invests $1.30 Million in Jack Henry & Associates, Inc. $JKHY

Vest Financial LLC acquired a new position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,749 shares of the technology company’s stock, valued at approximately $1,303,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Allstate Corp acquired a new stake in shares of Jack Henry & Associates in the 3rd quarter valued at about $487,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Jack Henry & Associates by 19.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,997 shares of the technology company’s stock worth $1,795,000 after buying an additional 1,951 shares in the last quarter. Inspire Advisors LLC acquired a new stake in Jack Henry & Associates in the 3rd quarter valued at approximately $255,000. Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in Jack Henry & Associates in the 3rd quarter valued at approximately $3,341,000. Finally, Campbell & CO Investment Adviser LLC lifted its stake in Jack Henry & Associates by 44.8% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 10,633 shares of the technology company’s stock valued at $1,584,000 after acquiring an additional 3,292 shares in the last quarter. 98.75% of the stock is owned by institutional investors and hedge funds.

Jack Henry & Associates Stock Performance

Shares of JKHY stock opened at $185.11 on Friday. The stock has a market cap of $13.40 billion, a P/E ratio of 28.13, a P/E/G ratio of 3.25 and a beta of 0.73. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.49 and a quick ratio of 1.49. The company has a fifty day moving average price of $181.97 and a two-hundred day moving average price of $168.53. Jack Henry & Associates, Inc. has a one year low of $144.12 and a one year high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings data on Tuesday, November 4th. The technology company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.33. The company had revenue of $636.11 million for the quarter, compared to analyst estimates of $634.42 million. Jack Henry & Associates had a net margin of 19.86% and a return on equity of 23.11%. Jack Henry & Associates’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.63 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. As a group, equities analysts predict that Jack Henry & Associates, Inc. will post 5.83 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, December 2nd. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 35.26%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on JKHY shares. The Goldman Sachs Group raised their price target on shares of Jack Henry & Associates from $155.00 to $175.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Keefe, Bruyette & Woods raised shares of Jack Henry & Associates from a “market perform” rating to an “outperform” rating and raised their target price for the company from $170.00 to $215.00 in a research report 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. Robert W. Baird increased their price objective on shares of Jack Henry & Associates from $180.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, December 15th. Finally, Wall Street Zen downgraded Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.82.

Insider Buying and Selling

In related news, COO Shanon G. Mclachlan sold 227 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $160.83, for a total value of $36,508.41. Following the sale, the chief operating officer owned 1,420 shares in the company, valued at approximately $228,378.60. This represents a 13.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David B. Foss sold 20,000 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $174.92, for a total value of $3,498,400.00. Following the sale, the director directly owned 128,133 shares of the company’s stock, valued at $22,413,024.36. This represents a 13.50% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.60% of the company’s stock.

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.