Dynamic Technology Lab Private Ltd Has $1.70 Million Holdings in Jack Henry & Associates, Inc. $JKHY

Dynamic Technology Lab Private Ltd lifted its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 164.4% in the 3rd quarter, Holdings Channel reports. The fund owned 11,437 shares of the technology company’s stock after acquiring an additional 7,111 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Jack Henry & Associates were worth $1,703,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in Jack Henry & Associates during the 2nd quarter worth about $27,000. Quent Capital LLC bought a new stake in shares of Jack Henry & Associates in the third quarter valued at about $33,000. CYBER HORNET ETFs LLC acquired a new position in shares of Jack Henry & Associates during the second quarter worth about $35,000. MUFG Securities EMEA plc bought a new position in shares of Jack Henry & Associates during the second quarter worth about $39,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Jack Henry & Associates during the third quarter worth about $44,000. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on JKHY shares. Stephens raised Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a research report on Thursday, February 5th. Keefe, Bruyette & Woods raised shares of Jack Henry & Associates from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $170.00 to $215.00 in a research note on Monday, December 8th. Weiss Ratings downgraded shares of Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 24th. Robert W. Baird raised shares of 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. Finally, Wall Street Zen cut shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Jack Henry & Associates has an average rating of “Moderate Buy” and an average price target of $200.42.

Jack Henry & Associates Stock Performance

JKHY opened at $171.83 on Friday. The business’s 50-day simple moving average is $175.06 and its 200 day simple moving average is $167.66. Jack Henry & Associates, Inc. has a 52-week low of $144.12 and a 52-week high of $196.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.60 and a current ratio of 1.60. The firm has a market capitalization of $12.40 billion, a PE ratio of 24.69, a PEG ratio of 2.61 and a beta of 0.72.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.29. The firm had revenue of $611.18 million during the quarter, compared to the consensus estimate of $608.46 million. Jack Henry & Associates had a return on equity of 23.75% and a net margin of 20.59%.The business’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company earned $1.34 earnings per share. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. As a group, sell-side analysts expect that Jack Henry & Associates, Inc. will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Thursday, March 5th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, March 5th. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.58. Jack Henry & Associates’s payout ratio is currently 35.06%.

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.