Amica Mutual Insurance Co. Acquires 18,283 Shares of Jack Henry & Associates, Inc. $JKHY

Amica Mutual Insurance Co. boosted its holdings in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 60.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,570 shares of the technology company’s stock after buying an additional 18,283 shares during the period. Jack Henry & Associates makes up about 0.8% of Amica Mutual Insurance Co.’s investment portfolio, making the stock its 29th largest position. Amica Mutual Insurance Co.’s holdings in Jack Henry & Associates were worth $8,863,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC increased its position in shares of Jack Henry & Associates by 21.2% during 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 period. Empowered Funds LLC increased its position in shares of Jack Henry & Associates by 8.8% during 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 period. Woodline Partners LP increased its position in shares of Jack Henry & Associates by 40.6% during 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 period. Jane Street Group LLC bought a new stake in shares of Jack Henry & Associates during the first quarter valued at approximately $9,430,000. Finally, Focus Partners Wealth increased its position in shares of Jack Henry & Associates by 15.1% during the first quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock valued at $253,000 after purchasing an additional 182 shares during the period. 98.75% of the stock is owned by institutional investors.

Jack Henry & Associates Price Performance

Jack Henry & Associates stock opened at $136.37 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. The firm has a market cap of $9.69 billion, a P/E ratio of 19.07, a P/E/G ratio of 2.01 and a beta of 0.63. The business’s fifty day moving average is $149.86 and its two-hundred day moving average is $166.28. Jack Henry & Associates, Inc. has a 52 week low of $132.36 and a 52 week high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. The company had revenue of $615.93 million for the quarter, compared to analyst estimates of $619.67 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The business’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.52 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Equities research analysts forecast that Jack Henry & Associates, Inc. will post 6.77 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, June 1st will be paid a $0.61 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a yield of 1.8%. Jack Henry & Associates’s payout ratio is currently 34.13%.

Insiders Place Their Bets

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

Analyst Ratings Changes

JKHY has been the topic of a number of research reports. The Goldman Sachs Group lowered their price objective on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Weiss Ratings cut Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Robert W. Baird upgraded Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 price objective on the stock in a research report on Thursday, February 5th. Royal Bank Of Canada lowered their price objective 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. Finally, Morgan Stanley set a $170.00 price objective on Jack Henry & Associates in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $192.08.

Jack Henry & Associates 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.