Federated Hermes Inc. Has $1.89 Million Stock Holdings in Pathward Financial, Inc. $CASH

Federated Hermes Inc. increased its position in shares of Pathward Financial, Inc. (NASDAQ:CASH) by 2,640.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,489 shares of the savings and loans company’s stock after acquiring an additional 24,559 shares during the period. Federated Hermes Inc.’s holdings in Pathward Financial were worth $1,886,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. increased its stake in shares of Pathward Financial by 647.8% during the 2nd quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock worth $27,000 after purchasing an additional 298 shares during the last quarter. Hughes Financial Services LLC acquired a new position in Pathward Financial during the second quarter worth $30,000. EverSource Wealth Advisors LLC raised its holdings in Pathward Financial by 43,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after buying an additional 432 shares in the last quarter. State of Wyoming acquired a new stake in shares of Pathward Financial in the second quarter worth about $46,000. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Pathward Financial by 8.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,204 shares of the savings and loans company’s stock worth $174,000 after acquiring an additional 170 shares in the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Pathward Financial Price Performance

Shares of Pathward Financial stock opened at $91.57 on Thursday. The firm has a market cap of $2.03 billion, a P/E ratio of 11.19 and a beta of 0.75. The firm’s 50-day simple moving average is $76.58 and its 200-day simple moving average is $74.93. Pathward Financial, Inc. has a twelve month low of $64.45 and a twelve month high of $93.15. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81.

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

Pathward Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 10th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, December 10th. Pathward Financial’s dividend payout ratio (DPR) is 2.44%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CASH. Keefe, Bruyette & Woods upgraded Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a report on Friday, January 23rd. 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. Finally, Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $97.00.

Pathward Financial Company 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.