Engineers Gate Manager LP lowered its stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) by 63.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,778 shares of the technology company’s stock after selling 99,074 shares during the quarter. Engineers Gate Manager LP owned approximately 0.08% of Jack Henry & Associates worth $7,821,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Essential Partners LLC boosted its stake in Jack Henry & Associates by 65.8% during the 1st quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock valued at $29,000 after acquiring an additional 73 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after purchasing an additional 195 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Jack Henry & Associates by 2,816.7% in the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after purchasing an additional 169 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Jack Henry & Associates in the 2nd quarter worth about $35,000. Finally, SJS Investment Consulting Inc. raised its stake in shares of Jack Henry & Associates by 3,933.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock valued at $38,000 after purchasing an additional 236 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.
Jack Henry & Associates Trading Up 1.9%
NASDAQ JKHY opened at $161.42 on Friday. Jack Henry & Associates, Inc. has a one year low of $121.04 and a one year high of $193.39. The company has a 50-day simple moving average of $157.02 and a 200-day simple moving average of $151.17. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market capitalization of $11.32 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 1.79 and a beta of 0.56.
Jack Henry & Associates Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Monday, September 7th will be issued a $0.61 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.44 annualized dividend and a dividend yield of 1.5%. Jack Henry & Associates’s dividend payout ratio (DPR) is 35.01%.
Analysts Set New Price Targets
Several brokerages have recently commented on JKHY. Royal Bank Of Canada increased their price target on shares of Jack Henry & Associates from $173.00 to $178.00 and gave the stock an “outperform” rating in a research report on Thursday, August 20th. Weiss Ratings upgraded Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 20th. Barclays increased their target price on Jack Henry & Associates from $170.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. DA Davidson reiterated a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a research report on Wednesday, September 2nd. Finally, The Goldman Sachs Group boosted their price target on Jack Henry & Associates from $158.00 to $178.00 and gave the company a “neutral” rating in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.00.
Get Our Latest Research Report on JKHY
Trending Headlines about Jack Henry & Associates
Here are the key news stories impacting Jack Henry & Associates this week:
- Positive Sentiment: Broad upward revisions to earnings forecasts: Zacks Research raised its Q1 FY2027 EPS estimate to $2.04 from $1.77 and its FY2027 estimate to $7.33 from $6.54. Estimates were also increased for several FY2027 and FY2028 quarters, while FY2028 EPS was raised to $7.10 from $6.92. Zacks projects FY2029 EPS of $8.02, indicating expectations for continued earnings growth.
- Positive Sentiment: New fintech partnership expands platform capabilities: Splitit joined Jack Henry’s Fintech Integration Network, enabling integrations with the SilverLake core banking platform and Banno Digital Platform. The partnership could help Jack Henry’s bank clients offer installment-payment products and reinforces the appeal of its ecosystem. Splitit Joins the Jack Henry Fintech Integration Network
- Positive Sentiment: Recurring-revenue business remains a strength: Recent commentary highlighted Jack Henry’s cloud-native platform, high recurring revenue and strong client retention, along with record core-banking wins. These factors support revenue visibility and the company’s longer-term growth case. Jack Henry’s 2026 Outlook
- Neutral Sentiment: Investor presentation provides additional context: Jack Henry presented at the Goldman Sachs Communacopia + Technology Conference, but the available transcript details no specific new guidance or material change to the investment outlook. Goldman Sachs Conference Transcript
- Neutral Sentiment: Short-interest data is inconclusive: Reported short interest was zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. The accompanying “NaN” change suggests a data-quality issue rather than a meaningful shift in investor positioning.
- Negative Sentiment: Some longer-term estimates were reduced: Zacks lowered its Q4 FY2028 EPS forecast to $1.62 from $1.73. Separately, rising personnel costs and increased competitive spending could pressure margins even as revenue and earnings expectations improve.
About Jack Henry & Associates
Jack Henry & Associates, Inc is a financial technology company that provides software and technology services to banks, credit unions and other financial institutions. Its solutions are designed to support core processing, digital banking, payments, lending, risk management and operational workflows.
The company’s products include core banking platforms, online and mobile banking tools, payment processing services, electronic bill pay, loan origination and document management solutions, fraud prevention tools, and technology that helps financial institutions connect with third-party applications.
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