Hsbc Holdings PLC Purchases 6,163 Shares of Jack Henry & Associates, Inc. $JKHY

Hsbc Holdings PLC lifted its holdings in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 4.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 148,535 shares of the technology company’s stock after buying an additional 6,163 shares during the period. Hsbc Holdings PLC’s holdings in Jack Henry & Associates were worth $27,120,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of JKHY. Integrated Wealth Concepts LLC increased its holdings 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 worth $384,000 after buying an additional 367 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Jack Henry & Associates by 8.8% during the 1st quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock valued at $1,312,000 after acquiring an additional 584 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of Jack Henry & Associates by 40.6% during the 1st quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock valued at $1,125,000 after acquiring an additional 1,778 shares in the last quarter. Jane Street Group LLC acquired a new position in Jack Henry & Associates in the 1st quarter worth about $9,430,000. Finally, Focus Partners Wealth increased its holdings in Jack Henry & Associates by 15.1% in the 1st quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock worth $253,000 after purchasing an additional 182 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on JKHY shares. UBS Group set a $165.00 price target on Jack Henry & Associates in a research note on Thursday, May 7th. Morgan Stanley set a $170.00 target price on shares of Jack Henry & Associates in a research report on Friday, May 8th. DA Davidson reissued a “buy” rating and set a $198.00 target price on shares of Jack Henry & Associates in a report on Monday, May 11th. Weiss Ratings cut shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada decreased their price target on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $191.54.

Insiders Place Their Bets

In other Jack Henry & Associates news, CEO Gregory R. Adelson purchased 2,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was purchased at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the acquisition, the chief executive officer owned 21,036 shares in the company, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mimi Carsley acquired 375 shares of the stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost 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 in the company, valued at approximately $805,658.84. This represents a 6.66% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 0.60% of the company’s stock.

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $128.06 on Thursday. The company has a market capitalization of $9.10 billion, a PE ratio of 17.91, a P/E/G ratio of 1.83 and a beta of 0.58. The company has a 50 day simple moving average of $139.61 and a two-hundred day simple moving average of $161.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. Jack Henry & Associates, Inc. has a fifty-two week low of $121.04 and a fifty-two 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, beating analysts’ consensus estimates 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 company had revenue of $615.93 million for the quarter, compared to analyst estimates of $619.67 million. During the same period in the prior year, the firm posted $1.52 EPS. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Research analysts anticipate that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current year.

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Monday, June 1st were given a dividend of $0.61 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a yield of 1.9%. Jack Henry & Associates’s dividend payout ratio is 34.13%.

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.