AGF Management Ltd. Raises Stock Holdings in Jack Henry & Associates, Inc. $JKHY

AGF Management Ltd. lifted its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 19.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,941 shares of the technology company’s stock after acquiring an additional 3,297 shares during the period. AGF Management Ltd.’s holdings in Jack Henry & Associates were worth $2,970,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. purchased a new position in Jack Henry & Associates during the 2nd quarter worth $27,000. Quent Capital LLC acquired a new stake in shares of Jack Henry & Associates during the third quarter worth about $33,000. CYBER HORNET ETFs LLC purchased a new position in shares of Jack Henry & Associates during the second quarter worth about $35,000. Private Trust Co. NA increased its position in Jack Henry & Associates by 49.0% in the 2nd quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock valued at $39,000 after acquiring an additional 71 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in Jack Henry & Associates in the 2nd quarter valued at about $39,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Jack Henry & Associates

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Q2 results beat expectations — GAAP EPS $1.72 (vs. consensus ~$1.43) with revenue up ~7.9% year‑over‑year and sizable operating‑income and margin expansion; management raised FY‑2026 EPS guidance to $6.61–$6.72, above consensus. Jack Henry Q2 press release
• Positive Sentiment: Analyst reinforcement — DA Davidson reaffirmed a “Buy” and set a $216 price target (street upside vs. current levels), supporting investor confidence. DA Davidson note via TickerReport
• Positive Sentiment: Industry demand narrative — Reuters and other outlets highlighted strong demand for Jack Henry’s banking technology as a driver of the profit gain, reinforcing the growth story. Reuters: profit rises on bank tech demand
• Neutral Sentiment: Top‑line nuance — most outlets report revenue growth, but third‑party data shows slight differences in reported sales vs. some consensus figures (minor variation across vendors). Investors should watch upcoming transcripts for detail on bookings and product vs. services mix. Zacks earnings coverage
• Neutral Sentiment: Analyst targets and consensus — the median 6‑month target is around $195, with several firms above that; this provides upside room but also a spread of expectations to monitor. QuiverQuant summary
• Negative Sentiment: Insider selling noted — recent filings show insider sales (including an executive sale disclosed), which some investors view as a modest negative signal; size and context matter. QuiverQuant insider activity
• Negative Sentiment: Institutional rebalancing — large portfolio moves (some sizeable reductions by big managers) show mixed institutional positioning; could add volatility if continued. QuiverQuant institutional holdings

Insider Activity at Jack Henry & Associates

In related news, COO Shanon G. Mclachlan sold 227 shares of Jack Henry & Associates stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $160.83, for a total transaction of $36,508.41. Following the completion of the transaction, the chief operating officer directly owned 1,420 shares in the company, valued at $228,378.60. The trade was a 13.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David B. Foss sold 20,000 shares of the 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 owned 128,133 shares in the company, valued at approximately $22,413,024.36. This trade represents a 13.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on JKHY. Robert W. Baird increased their price objective on Jack Henry & Associates from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Monday, December 15th. Wolfe Research set a $220.00 price target on Jack Henry & Associates and gave the stock an “outperform” rating in a report on Thursday, January 8th. Wall Street Zen lowered shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. The Goldman Sachs Group upped their price objective on shares of Jack Henry & Associates from $155.00 to $175.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Finally, Compass Point upgraded shares of Jack Henry & Associates from a “neutral” rating to a “buy” rating and raised their target price for the stock from $179.00 to $187.00 in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and an average target price of $199.73.

Jack Henry & Associates Stock Up 4.6%

JKHY stock opened at $173.78 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average price is $183.33 and its 200 day moving average price is $168.43. Jack Henry & Associates, Inc. has a 52 week low of $144.12 and a 52 week high of $196.00. The company has a market cap of $12.58 billion, a P/E ratio of 24.97, a P/E/G ratio of 2.86 and a beta of 0.71.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.29. The company had revenue of $611.18 million during the quarter, compared to the consensus estimate of $608.46 million. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 24.01%. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the firm earned $1.34 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, research analysts expect that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal 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 paid a dividend of $0.58 per share. 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 35.26%.

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.