Fjarde AP Fonden Fourth Swedish National Pension Fund Lowers Stake in Jack Henry & Associates, Inc. $JKHY

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 15.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,966 shares of the technology company’s stock after selling 6,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Jack Henry & Associates were worth $7,111,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its holdings in Jack Henry & Associates by 3,900.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after buying an additional 195 shares during the period. Larson Financial Group LLC lifted its holdings in Jack Henry & Associates by 2,816.7% during the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after buying an additional 169 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in Jack Henry & Associates during the second quarter worth $35,000. MUFG Securities EMEA plc purchased a new stake in Jack Henry & Associates during the second quarter worth $39,000. Finally, United Community Bank purchased a new stake in Jack Henry & Associates during the fourth quarter worth $41,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling at Jack Henry & Associates

In other Jack Henry & Associates news, CFO Mimi Carsley bought 375 shares of Jack Henry & Associates stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price of $134.12 per share, with a total value of $50,295.00. Following the completion of the acquisition, the chief financial officer directly owned 6,007 shares in the company, valued at approximately $805,658.84. This trade represents a 6.66% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gregory R. Adelson bought 2,000 shares of Jack Henry & Associates stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $133.42 per share, with a total value of $266,840.00. Following the acquisition, the chief executive officer owned 21,036 shares of the company’s stock, valued at $2,806,623.12. The trade was a 10.51% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.60% of the company’s stock.

Jack Henry & Associates Stock Performance

Jack Henry & Associates stock opened at $130.11 on Monday. The stock has a 50-day moving average price of $147.08 and a 200 day moving average price of $165.21. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 1.90 and a beta of 0.58. Jack Henry & Associates, Inc. has a 52 week low of $129.25 and a 52 week high of $193.39. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04.

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

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be paid a $0.61 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.9%. Jack Henry & Associates’s dividend payout ratio is presently 34.13%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Wells Fargo & Company upgraded Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $181.00 to $196.00 in a report on Tuesday, February 17th. Weiss Ratings downgraded Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. DA Davidson reissued a “buy” rating and issued a $198.00 price objective on shares of Jack Henry & Associates in a research report on Monday, May 11th. Morgan Stanley set a $170.00 target price on Jack Henry & Associates in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reduced their target price on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $192.08.

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.