Vise Technologies Inc. Acquires 5,118 Shares of Jack Henry & Associates, Inc. $JKHY

Vise Technologies Inc. lifted its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 147.0% during the third quarter, Holdings Channel.com reports. The firm owned 8,599 shares of the technology company’s stock after acquiring an additional 5,118 shares during the quarter. Vise Technologies Inc.’s holdings in Jack Henry & Associates were worth $1,232,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of JKHY. Van ECK Associates Corp increased its holdings in Jack Henry & Associates by 1,918.2% in the second quarter. Van ECK Associates Corp now owns 1,308,353 shares of the technology company’s stock valued at $180,213,000 after purchasing an additional 1,243,526 shares during the period. Janus Henderson Group PLC raised its position in Jack Henry & Associates by 13,343.0% during the 1st quarter. Janus Henderson Group PLC now owns 1,078,398 shares of the technology company’s stock worth $170,430,000 after purchasing an additional 1,070,376 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Jack Henry & Associates by 13.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 752,025 shares of the technology company’s stock worth $118,842,000 after buying an additional 86,810 shares during the period. First Trust Advisors LP lifted its holdings in Jack Henry & Associates by 33.8% during the 1st quarter. First Trust Advisors LP now owns 734,298 shares of the technology company’s stock worth $116,048,000 after buying an additional 185,465 shares during the period. Finally, Epoch Investment Partners Inc. lifted its holdings in Jack Henry & Associates by 82.4% during the 1st quarter. Epoch Investment Partners Inc. now owns 681,587 shares of the technology company’s stock worth $107,718,000 after buying an additional 307,886 shares during the period. Institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates News Roundup

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

• Positive Sentiment: Jack Henry beat fiscal first-quarter earnings expectations, reporting $2.28 per share versus $2.07 anticipated. Growth in cloud and payments helped lift revenue 8.8% year over year, and the company raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51. Revenue was slightly below consensus, however. Zacks earnings and growth article Fiscal 2027 outlook article
• Positive Sentiment: Several firms raised their price targets while maintaining or assigning positive ratings: Barclays to $190 (overweight), RBC to $195 (outperform), and Keefe, Bruyette & Woods to $215 (outperform). UBS also lifted its target to $185, while keeping a neutral rating. The revisions signal improved analyst expectations, though targets are not guarantees. Barclays forecast RBC target revision KBW target revision
• Neutral Sentiment: CFO Mimi Carsley is scheduled to present at Citi’s FinTech Conference on November 10. The event may provide investors with updates, but the announcement itself does not indicate a change to the company’s outlook. Conference announcement
• Negative Sentiment: Morgan Stanley said Jack Henry needs to demonstrate clearer upside to its growth targets, highlighting execution and growth visibility as potential investor concerns. Morgan Stanley growth-target assessment

Jack Henry & Associates Price Performance

Shares of JKHY opened at $173.23 on Friday. The firm has a market cap of $12.15 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 2.10 and a beta of 0.55. Jack Henry & Associates, Inc. has a 52-week low of $121.04 and a 52-week high of $193.39. The business’s 50 day moving average price is $156.97 and its two-hundred day moving average price is $154.41. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.17 and a current ratio of 1.50.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings data on Tuesday, November 3rd. The technology company reported $2.28 EPS for the quarter, topping the consensus estimate of $2.07 by $0.21. The company had revenue of $682.18 million during the quarter, compared to the consensus estimate of $685.54 million. Jack Henry & Associates had a net margin of 19.96% and a return on equity of 24.46%. The company’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.97 EPS. On average, equities analysts anticipate that Jack Henry & Associates, Inc. will post 7.40 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Monday, September 7th were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, September 4th. Jack Henry & Associates’s payout ratio is presently 33.52%.

Wall Street Analysts Forecast Growth

JKHY has been the topic of a number of analyst reports. Royal Bank Of Canada upped their price target on Jack Henry & Associates from $178.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday. Keefe, Bruyette & Woods raised their price objective on Jack Henry & Associates from $200.00 to $215.00 and gave the stock an “outperform” rating in a research report on Thursday. The Goldman Sachs Group raised their price objective on Jack Henry & Associates from $158.00 to $178.00 and gave the stock a “neutral” rating in a research report on Thursday, August 20th. DA Davidson lifted their price objective on Jack Henry & Associates from $198.00 to $212.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Wolfe Research upped their target price on Jack Henry & Associates from $200.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $193.18.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company that provides software and services to banks and credit unions. Founded in 1976 and headquartered in Monett, Missouri, the company focuses on helping financial institutions manage operations and serve customers.

Its offerings include core banking systems, digital banking platforms, payment processing, lending solutions, and tools for managing fraud, risk, and information security. Jack Henry also provides data, hosting, and related technology services.

The company serves financial institutions across the United States, including community and regional banks and credit unions.