Intech Investment Management LLC Has $5.74 Million Stock Holdings in Pathward Financial, Inc. $CASH

Intech Investment Management LLC decreased its stake in shares of Pathward Financial, Inc. (NASDAQ:CASH) by 17.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 77,540 shares of the savings and loans company’s stock after selling 16,317 shares during the quarter. Intech Investment Management LLC’s holdings in Pathward Financial were worth $5,739,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Seros Financial LLC bought a new position in Pathward Financial in the 3rd quarter valued at about $481,003,000. Revolve Wealth Partners LLC acquired a new position in shares of Pathward Financial in the fourth quarter valued at approximately $267,437,000. Vanguard Group Inc. increased its stake in shares of Pathward Financial by 0.8% during the third quarter. Vanguard Group Inc. now owns 1,857,345 shares of the savings and loans company’s stock worth $137,462,000 after purchasing an additional 14,130 shares during the period. American Century Companies Inc. lifted its holdings in Pathward Financial by 5.8% during the 2nd quarter. American Century Companies Inc. now owns 726,051 shares of the savings and loans company’s stock worth $57,445,000 after purchasing an additional 39,628 shares during the last quarter. Finally, Mawer Investment Management Ltd. lifted its holdings in Pathward Financial by 35.7% during the 3rd quarter. Mawer Investment Management Ltd. now owns 346,061 shares of the savings and loans company’s stock worth $25,612,000 after purchasing an additional 91,066 shares during the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

Pathward Financial Trading Down 4.3%

Shares of Pathward Financial stock opened at $90.79 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. Pathward Financial, Inc. has a 12-month low of $64.45 and a 12-month high of $96.06. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 11.10 and a beta of 0.75. The firm’s 50-day moving average price is $83.09 and its two-hundred day moving average price is $76.84.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. The company had revenue of $173.10 million during the quarter, compared to the consensus estimate of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, analysts forecast that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.

Pathward Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 12th. Pathward Financial’s dividend payout ratio (DPR) is currently 2.44%.

Analysts Set New Price Targets

CASH has been the topic of a number of research reports. Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a report on Friday, January 23rd. Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $97.00.

Insider Activity

In other news, CEO Brett L. Pharr sold 15,641 shares of Pathward Financial stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the transaction, the chief executive officer owned 78,261 shares in the company, valued at approximately $7,347,142.68. This trade represents a 16.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.43% of the company’s stock.

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.