Jack Henry & Associates, Inc. $JKHY Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 10.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 184,406 shares of the technology company’s stock after purchasing an additional 18,151 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.25% of Jack Henry & Associates worth $27,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in JKHY. Hantz Financial Services Inc. purchased a new stake in shares of Jack Henry & Associates during the second quarter valued at $27,000. CYBER HORNET ETFs LLC acquired a new stake in Jack Henry & Associates during the 2nd quarter worth about $35,000. MUFG Securities EMEA plc acquired a new stake in Jack Henry & Associates during the 2nd quarter worth about $39,000. Private Trust Co. NA grew its stake in Jack Henry & Associates by 49.0% during the 2nd quarter. Private Trust Co. NA now owns 216 shares of the technology company’s stock valued at $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Quent Capital LLC acquired a new position in shares of Jack Henry & Associates in the third quarter valued at about $33,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Price Performance

Shares of NASDAQ JKHY opened at $185.11 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.49 and a quick ratio of 1.49. The stock has a market capitalization of $13.40 billion, a price-to-earnings ratio of 28.13, a PEG ratio of 3.19 and a beta of 0.73. The firm’s 50 day simple moving average is $181.97 and its 200-day simple moving average is $168.37. Jack Henry & Associates, Inc. has a 12 month low of $144.12 and a 12 month high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Tuesday, November 4th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.33. The firm had revenue of $636.11 million for the quarter, compared to the consensus estimate of $634.42 million. Jack Henry & Associates had a net margin of 19.86% and a return on equity of 23.11%. During the same period in the prior year, the firm posted $1.63 earnings per share. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. Analysts expect that Jack Henry & Associates, Inc. will post 5.83 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.58 per share. The ex-dividend date was Tuesday, December 2nd. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.3%. Jack Henry & Associates’s dividend payout ratio (DPR) is 35.26%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on JKHY shares. The Goldman Sachs Group lifted their target price on Jack Henry & Associates from $155.00 to $175.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Robert W. Baird lifted their price objective on shares of Jack Henry & Associates from $180.00 to $200.00 and gave the company a “neutral” rating in a research note on Monday, December 15th. Raymond James Financial raised shares of Jack Henry & Associates from a “market perform” rating to a “strong-buy” rating and set a $198.00 price objective on the stock in a report on Thursday, November 20th. Keefe, Bruyette & Woods raised shares of Jack Henry & Associates from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $170.00 to $215.00 in a report on Monday, December 8th. Finally, Wall Street Zen downgraded shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and an average target price of $195.82.

Insider Activity

In other news, Director David B. Foss sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $174.92, for a total value of $3,498,400.00. Following the completion of the sale, the director directly owned 128,133 shares in the company, valued at $22,413,024.36. The trade was a 13.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Shanon G. Mclachlan sold 227 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $160.83, for a total value of $36,508.41. Following the transaction, the chief operating officer directly owned 1,420 shares of the company’s stock, valued at approximately $228,378.60. The trade was a 13.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is owned by insiders.

About Jack Henry & Associates

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.