Neumeier Poma Investment Counsel LLC Makes New Investment in Pathward Financial, Inc. $CASH

Neumeier Poma Investment Counsel LLC bought a new stake in Pathward Financial, Inc. (NASDAQ:CASH) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 351,870 shares of the savings and loans company’s stock, valued at approximately $30,633,802. Pathward Financial accounts for about 0.0% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 27th largest position. Neumeier Poma Investment Counsel LLC owned about 1.69% of Pathward Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of CASH. Revolve Wealth Partners LLC bought a new position in Pathward Financial in the 4th quarter valued at about $267,437,000. Royal Bank of Canada raised its holdings in Pathward Financial by 21.2% in the 1st quarter. Royal Bank of Canada now owns 5,057 shares of the savings and loans company’s stock worth $369,000 after purchasing an additional 886 shares during the period. AQR Capital Management LLC grew its holdings in shares of Pathward Financial by 61.3% in the first quarter. AQR Capital Management LLC now owns 9,152 shares of the savings and loans company’s stock valued at $668,000 after purchasing an additional 3,479 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Pathward Financial by 264.1% in the first quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock valued at $9,385,000 after acquiring an additional 93,308 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Pathward Financial in the second quarter valued at approximately $980,000. Institutional investors own 92.66% of the company’s stock.

Pathward Financial Trading Up 0.2%

Shares of NASDAQ CASH traded up $0.13 during mid-day trading on Friday, hitting $81.68. The stock had a trading volume of 106,835 shares, compared to its average volume of 234,595. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.81 and a current ratio of 0.82. The business has a 50 day moving average price of $87.19 and a two-hundred day moving average price of $87.99. Pathward Financial, Inc. has a 1 year low of $65.87 and a 1 year high of $101.26. The firm has a market cap of $1.70 billion, a P/E ratio of 10.24 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.The firm had revenue of $189.64 million during the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. On average, equities analysts anticipate that Pathward Financial, Inc. will post 7.93 EPS for the current fiscal year.

Pathward Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, September 10th. Pathward Financial’s dividend payout ratio (DPR) is presently 2.51%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a report on Wednesday, August 5th. Keefe, Bruyette & Woods cut their price objective on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $105.00 price target (down from $107.00) on shares of Pathward Financial in a report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial currently has a consensus rating of “Buy” and an average price target of $101.00.

Pathward Financial Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.