Generali Asset Management SPA SGR Has $1.66 Million Stake in Jack Henry & Associates, Inc. $JKHY

Generali Asset Management SPA SGR decreased its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 32.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,070 shares of the technology company’s stock after selling 4,453 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Jack Henry & Associates were worth $1,655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JKHY. Integrated Wealth Concepts LLC grew its position in shares of Jack Henry & Associates by 21.2% in the first quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock valued at $384,000 after purchasing an additional 367 shares during the last quarter. Empowered Funds LLC grew its position in shares of Jack Henry & Associates by 8.8% in the first quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock valued at $1,312,000 after purchasing an additional 584 shares during the last quarter. Woodline Partners LP grew its position in shares of Jack Henry & Associates by 40.6% in the first quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock valued at $1,125,000 after purchasing an additional 1,778 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Jack Henry & Associates in the first quarter valued at approximately $9,430,000. Finally, Focus Partners Wealth grew its position in Jack Henry & Associates by 15.1% during the first quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock worth $253,000 after buying an additional 182 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on JKHY shares. Weiss Ratings downgraded Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Loop Capital started coverage on Jack Henry & Associates in a research report on Tuesday, March 31st. They set a “buy” rating and a $197.00 price target on the stock. DA Davidson reduced their price target on Jack Henry & Associates from $216.00 to $198.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. UBS Group set a $165.00 price target on Jack Henry & Associates in a research report on Thursday. Finally, Royal Bank Of Canada reduced their price target on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $192.08.

Jack Henry & Associates Price Performance

NASDAQ JKHY opened at $145.84 on Monday. The business has a fifty day moving average price of $158.51 and a two-hundred day moving average price of $168.11. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74. Jack Henry & Associates, Inc. has a fifty-two week low of $141.81 and a fifty-two week high of $193.39. The stock has a market capitalization of $10.52 billion, a PE ratio of 20.40, a PEG ratio of 2.13 and a beta of 0.63.

Jack Henry & Associates (NASDAQ:JKHY) last released its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The firm had revenue of $615.93 million during the quarter, compared to analysts’ expectations of $619.67 million. During the same period in the prior year, the company earned $1.52 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Equities analysts expect that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

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.