OMERS ADMINISTRATION Corp Buys 5,330 Shares of Jack Henry & Associates, Inc. $JKHY

OMERS ADMINISTRATION Corp grew its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 175.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,365 shares of the technology company’s stock after purchasing an additional 5,330 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Jack Henry & Associates were worth $1,322,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Jack Henry & Associates by 3,900.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after buying an additional 195 shares in the last quarter. Larson Financial Group LLC raised its position 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 acquiring an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Jack Henry & Associates in the second quarter valued at $35,000. SJS Investment Consulting Inc. lifted its stake in Jack Henry & Associates by 3,933.3% in the first quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock valued at $38,000 after acquiring an additional 236 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of Jack Henry & Associates in the 2nd quarter valued at about $39,000. Institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling

In other news, CFO Mimi Carsley bought 375 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer owned 6,007 shares of the company’s stock, valued at $805,658.84. This trade represents a 6.66% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gregory R. Adelson bought 2,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were purchased at an average price 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 $2,806,623.12. This trade represents a 10.51% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.60% of the company’s stock.

Jack Henry & Associates Stock Performance

NASDAQ JKHY opened at $161.15 on Thursday. The firm has a 50-day moving average of $139.38 and a 200-day moving average of $154.49. 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 stock has a market cap of $11.45 billion, a PE ratio of 22.54, a P/E/G ratio of 2.21 and a beta of 0.57. Jack Henry & Associates, Inc. has a 52-week low of $121.04 and a 52-week high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last announced its earnings results on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping the consensus estimate 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 business had revenue of $615.93 million during the quarter, compared to the consensus estimate of $619.67 million. During the same quarter in the previous year, the firm posted $1.52 EPS. Jack Henry & Associates’s revenue 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. On average, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Monday, June 1st were issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, June 1st. Jack Henry & Associates’s payout ratio is currently 34.13%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on JKHY shares. Weiss Ratings lowered shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Wolfe Research set a $165.00 price target on Jack Henry & Associates in a report on Monday, June 29th. The Goldman Sachs Group lowered their price target 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. Morgan Stanley set a $170.00 price objective on Jack Henry & Associates in a research note on Friday, May 8th. Finally, Royal Bank Of Canada cut their price objective on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $186.07.

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.